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BAY AREA TECH WIRE -- Dec. 16, 2015
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o Sunnyvale-Based Blue River Technology Lands $17 Million in Funding
o South San Francisco-Based Profusa Raises $13.2 Million in Second Round
o San Francisco-Based RPX to Acquire Inventus Solutions for $232 Million
o San Francisco-Based Clariture Health Lands $3.5 Million in First Round
o San Bruno-Based Freshdesk Acquires India's Konotor
o Briefly Noted: Equinix, MegaPath, CloudBees
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o Sunnyvale-Based Blue River Technology Lands $17 Million in Funding
Sunnyvale, Calif. -- Blue River Technology, a Sunnyvale-based developer of computer vision, machine learning and robotics tools for agriculture, said on Wednesday it has raised $17 million in its second round of funding, led by Pontifax AgTech. New investors Syngenta Ventures and Monsanto Growth Ventures also joined previous backers Data Collective Venture Capital, Khosla Ventures and Eric Schmidt's Innovation Endeavors in the round, which the company will use to expand its engineering team and accelerate the development of its agricultural robots. Blue River's first commercial application addresses thinning and weeding for specialty vegetable production, with robots currently providing plant-by-plant care on 10% of U.S. lettuce fields. The company now is expanding to other crops, and plans to help farmers increase yields by replacing broadcast spray with targeted controls.
http://www.bluerivert.com
http://www.businesswire.com/news/home/20151216005360/en
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o South San Francisco-Based Profusa Raises $13.2 Million in Second Round
South San Francisco -- Profusa, a South San Francisco-based developer of biologically integrated sensors that let people continuously monitor their unique body chemistry, said on Wednesday it has raised $13.2 million in its second round of funding, led by China's 3E Bioventures. Asset Management Ventures, Qihoo 360 and other previous backers also participated in the round, which increases the company's total funding to more than $30 million since its inception in 2009. Profusa's minute bioengineered sensors are designed to detect and transmit clinical-grade data for personal and medical use. The company's first product, the Lumee Oxygen Sensing System, is expected to be available in Europe in early 2016 for the measurement of tissue-oxygen perfusion in the clinical management of chronic wounds. Profusa also has named Joan Braddi, the vice president of global product partnerships at Google, and Karen Liu, managing partner of 3E Bioventures, to its board of directors.
http://profusa.com/
http://www.prnewswire.com/news-releases/profusa-inc-announces-132-million-series-b-to-support-development-of-internal-biosensors-for-continuous-monitoring-of-body-chemistry-300193583.html
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o San Francisco-Based RPX to Acquire Inventus Solutions for $232 Million
San Francisco -- RPX, a developer of patent risk management tools and services, said it will pay $232 million in cash to acquire Chicago-based Inventus Solutions from an investment group led by private equity firm Clearlake Capital Group. Inventus is a developer of technology-based services to locate, secure, organize and search electronic data for corporations and law firms. The company will remain headquartered in Chicago, operating as an independent unit of RPX, led by current CEO Trevor Campion. "We see this acquisition as a natural extension of RPX's expertise in mitigating patent risk and lowering legal costs for our clients," said John Amster, the CEO of RPX. "Adding new services related to litigation and compliance discovery does this, while profitably accelerating our revenue and cash flow growth."
http://www.rpxcorp.com/
http://www.rpxcorp.com/rpx-news/rpx-news-releases/rpx-corporation-to-acquire-inventus-solutions/
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o San Francisco-Based Clariture Health Lands $3.5 Million in First Round
San Francisco -- Clariture Health, the San Francisco- and Nashville-based developer of an enterprise healthcare marketing platform, said on Wednesday it has raised $3.5 million in its first round of funding. Identities of the investors were not disclosed. The company said it will use the proceeds to accelerate its growth within the healthcare provider industry. Clariture's digital marketing platform is used by health systems and outpatient providers such as Ascension, Saint Thomas Health and e+ Cancer Care to create search, social and mobile marketing campaigns.
http://www.clariturehealth.com
http://www.businesswire.com/news/home/20151216005755/en/Clariture-Raises-3.5-Million-Series-Improve-Digital
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o San Bruno-Based Freshdesk Acquires India's Konotor
San Bruno, Calif. -- Freshdesk, a San Bruno-based developer of cloud-based customer support software, said on Wednesday it has acquired India-based Konotor, developer of a mobile-first user engagement platform. Financial terms of the deal were not disclosed. Konotor's platform is designed to help businesses engage with users through features like rich two-way messaging, in-app support and marketing automation. Clients include Target, Zomato, Times Internet, Faasos and BankBazaar.com. "Mobile-first companies face a unique set of challenges in customer support and user engagement, creating the need for a different solution," said Freshdesk CEO Girish Mathrubootham "Konotor has demonstrated significant early success in addressing this need." It marks the third recent acquisition for Freshdesk, following deals for video chat and co-browsing platform 1CLICK and social recommendation app Frilp.
http://www.freshdesk.com
http://konotor.com/
http://www.prweb.com/releases/2015/12/prweb13133807.htm
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o Briefly Noted:
(Redwood City, Calif.) Redwood City-based Equinix, an owner and operator of data centers, has named Nanci Caldwell to its board of directors. Caldwell is the former executive vice president and CMO of PeopleSoft, and previously spent nearly two decades at Hewlett-Packard in senior and executive sales and marketing roles.
http://www.equinix.com
http://www.prnewswire.com/news-releases/nanci-caldwell-appointed-to-equinix-board-of-directors-300193289.html
(Pleasanton, Calif.) Pleasanton-based MegaPath, a provider of voice, data, security and cloud services in North America, on Wednesday named David Williams as its chief revenue officer and senior vice president of sales. Williams rejoins the company after previously heading up its wholesale and managed services divisions.
https://www.megapath.com/about/press-releases/megapath-names-david-williams-chief-revenue-officer-and-senior-vice-president-of-sales/
(San Jose, Calif.) San Jose-based CloudBees, a developer of continuous delivery tools designed to help DevOps teams respond quickly to a business's software delivery needs, on Wednesday named Brad Johnson as its vice president of product marketing. Johnson most recently spent five years as the vice president of product marketing and business development at SOASTA.
https://www.cloudbees.com/press/cloudbees-appoints-brad-johnson-vice-president-product-marketing
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