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BAY AREA TECH WIRE -- Dec. 11, 2015
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o San Francisco-Based Gradle Lands $4.2 Million in New Funding Round
o Sunnyvale-Based Anodot Emerges from Stealth with $3 Million Round
o Alan Black to Depart as CFO of San Francisco-Based Zendesk
o Menlo Park-Based BioPharmX Lands New $5.9 Million Investment
o Global Semiconductor Alliance Names Winners of 2015 GSA Awards
o Briefly Noted: GoFundMe, Unwired Planet
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o San Francisco-Based Gradle Lands $4.2 Million in New Funding Round
San Francisco -- Gradle, the San Francisco-based developer of an open source project designed to transform how software is built and shipped, said it has landed $4.2 million in a new round of funding, co-led by True Ventures and Data Collective. The company said it will use the proceeds to build on an enterprise business by releasing a commercial web-based offering, Gradle.com. Gradle also has named Charles Warren as its chief product officer and Miko Matsumura as its chief marketing officer. Warren previously served as the senior vice president of product design at Salesforce.com and UX lead at Google for Social products, while Matsumura held roles of Software AG and was a member of the original Sun Microsystems Java team. Gradle's technology has 9 million direct downloads so far this year, not including the millions of downloads of Google's Android Studio, which deeply integrates Gradle.
http://gradle.org
http://www.businesswire.com/news/home/20151210005335/en/Gradle-Raises-4.2M-True-Ventures-Data-Collective
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o Sunnyvale-Based Anodot Emerges from Stealth with $3 Million Round
Sunnyvale, Calif. -- Anodot, a developer of business intelligence technology with dual headquarters in Sunnyvale and Israel, said it has exited stealth mode after raising $3 million in its first round of funding, led by Disrupt-ive Partners. The company, which now has raised $4.5 million since its inception last year, said it will use the latest proceeds to accelerate its product roadmap and expand its sales activity, focusing on the ad tech, e-commerce, IoT and manufacturing industries in the U.S. and EMEA. Anodot is the developer of a real-time anomaly detection platform, which is designed to isolate issues and correlate them across multiple parameters to alert users about incidents in real time. Anodot CEO David Drai said he came up with the idea for the technology after experiencing a data analysis lag problem as the CTO of Gett. "As a mobile taxi app, SMS text orders were dropped by the carrier, but it could take up to three days to spot critical issues and fix them, costing tens of thousands of dollars per incident," said Drai. "That's where I got the idea for Anodot -- to employ the latest advances in machine learning to detect performance problems automatically and in real time, eliminating the latency."
http://www.anodot.com
http://www.businesswire.com/news/home/20151210006562/en/Anodot-Disrupts-BI-Predictive-Analytics-Secures-Funding
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o Alan Black to Depart as CFO of San Francisco-Based Zendesk
San Francisco -- Zendesk, the San Francisco-based provider of a customer service software platform, said that Alan Black plans to step down as its senior vice president and CFO next year. Black, who joined Zendesk in 2011, will continue in his role as CFO until a replacement is found, and also will assist the company in the search and transition. In a note to employees, Black called the decision "bittersweet," saying he is "confident that we today have a world-class finance organization ready to help scale this business to a billion in revenue and beyond," but adding "I am ready to explore and take on new challenges."
https://www.zendesk.com/
http://www.businesswire.com/news/home/20151210006490/en/Zendesk-CFO-Alan-Black-Plans-Depart-Company
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o Menlo Park-Based BioPharmX Lands New $5.9 Million Investment
Menlo Park, Calif. -- BioPharmX, a Menlo Park-based specialty pharmaceutical firm focused on dermatology and women's health, said it has landed a new $5.9 million investment from investment vehicles of Franklin Advisers. Through the deal, the company sold 4.1 million shares for $1.43 each. BioPharmX said it will use the proceeds to support marketing activities for its Violet women's health supplements, facilitate clinical trials for its topical acne treatment and help the company advance additional pipeline initiatives. "This investment is an important recognition of the value that our pipeline promises and will help us accelerate our efforts to fulfill the unmet medical and wellness needs of patients," said CEO Jim Pekarsky.
http://www.biopharmx.com
http://www.prnewswire.com/news-releases/biopharmx-corporation-closes-direct-investment-300191402.html
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o Global Semiconductor Alliance Names Winners of 2015 GSA Awards
Santa Clara, Calif. -- The Global Semiconductor Alliance (GSA) has named the winners of its 2015 GSA Awards, which recognize the achievements of semiconductor companies in several categories. Winners, who were honored at an event in Santa Clara, included: Ambarella (Most Respected Emerging Public Semiconductor Company Achieving $100 Million to $500 Million in Annual Sales), Silicon Labs (Most Respected Public Semiconductor Company, $500 Million-$1 Billion), Dialog Semiconductor (Most Respected Public Semiconductor Company, $1 Billion-$2 Billion), Avago Technologies (Most Respected Public Semiconductor Company Achieving, Greater than $2 Billion) and Quantenna Communications (Most Respected Private Company). A complete list of winners is available at the link below.
http://www.gsaglobal.org/2015/12/11/global-semiconductor-alliance-announces-2015-award-recipients/
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o Briefly Noted:
(Menlo Park, Calif.) Menlo Park-based crowdfunding site GoFundMe has named Dan Pfeiffer as its vice president of communications and policy. Pfeiffer is a former senior advisor and White House communications director for President Obama
http://www.gofundme.com
http://www.businesswire.com/news/home/20151210006580/en/White-House-Senior-Advisor-Dan-Pfeiffer-Joins
(Los Altos, Calif.) Los Altos-based Unwired Planet, a developer of technology that allows mobile devices to connect to the Internet and enable mobile communications, has announced plans for a 1-for-12 reverse stock split, aimed at boosting the company's share price to comply with the Nasdaq Global Market's $1 minimum price requirement. It also plans to repurchase up to 5 million shares of company stock, prior to the split.
http://www.unwiredplanet.com/
http://www.businesswire.com/news/home/20151210006391/en/Unwired-Planet-Announces-Reverse-Stock-Split-Stock
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