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BAY AREA TECH WIRE -- Jan. 7, 2016
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Sponsor: Digital Entertainment Expo - Feb. 9-11 - LA - 15% Off With Code "TW"
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o San Mateo-Based Sierra Ventures Closes New $170 Million Fund
o Redwood City-Based Pierry Software Lands New Funding
o Pleasanton-Based Blackhawk Network Acquires GiftCards.com
o Sunnyvale-Based ShoreTel Completes $8.5 Million Deal for Corvisa
o San Francisco to Host 2016 Challenge Cup Regional
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o Briefly Noted: Symic, Tango, Signifyd
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Chief Technology Officer - City of Cupertino, CA
--Digital Entertainment Expo - Feb. 9-11 - Los Angeles - 15% Off With Code "TW"
--Networking for Nerds: 11 Tips to Help Reluctant Networkers Make Connections That Pay Off
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o San Mateo-Based Sierra Ventures Closes New $170 Million Fund
San Mateo, Calif. -- Sierra Ventures, an early-stage technology venture capital firm based in San Mateo, said on Thursday it has closed a new $170 million investment fund, its 11th overall. "Similar to Fund X, and with the same managing directors, we will continue to fund companies within the enterprise software, connected devices, and consumer marketplace sectors that address consumer and enterprise needs, while also exploring new, emerging technology sectors," said Mark Fernandes, one of three managing directors. The firm invested in 23 companies through its previous fund, which closed in 2012. Portfolio companies Bina Technologies, Nexgate, Social Touch, Tempo AI and Ximalaya were acquired over the past three years.
http://www.sierraventures.com
http://www.sierraventures.com/news-item/sierra-ventures-raises-170-million-for-fund-xi/
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o Redwood City-Based Pierry Software Lands New Funding
Redwood City, Calif. -- Two days after announcing its acquisition of interactive agency C.TRAC, Redwood City-based Pierry Software, a provider of software and services designed to help clients optimize their digital marketing campaigns, said on Thursday it has landed new investment from MDC Partners and Salesforce Ventures. Financial terms were not disclosed. Founder and CEO Josh Pierry said the funding will "help us scale our Marketing as a Service (MaaS) approach to clients globally." The company was founded in 2008, and currently has more than 75 employees.
http://pierrysoftware.com/
http://www.prnewswire.com/news-releases/pierry-software-announces-strategic-investment-to-scale-cloud-based-marketing-software-solutions-globally-300200820.html
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o Pleasanton-Based Blackhawk Network Acquires GiftCards.com
Pleasanton, Calif. -- Blackhawk Network, the Pleasanton-based developer of a prepaid and payments network, said it has paid $120 million to acquire Pittsburgh-based GiftCards.com and its corporate site, OmniCard. Financial terms of the deal were not disclosed. GiftCards.com sells digital and physical prepaid gift cards to consumers, while OmniCard sells customized prepaid incentive and reward products to business clients. "We're excited to add another gift card website to our roster," said Talbott Roche, Blackhawk Network's president. "With GiftCards.com often ranking high in search engine results, this acquisition is expected to enhance Blackhawk's leadership in the gift card ecommerce market."
http://www.blackhawknetwork.com
http://www.giftcards.com
http://www.omnicard.com
https://blackhawknetwork.com/blackhawk-network-acquires-giftcards-com-and-omnicard-com/
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o Sunnyvale-Based ShoreTel Completes $8.5 Million Deal for Corvisa
Sunnyvale, Calif. -- ShoreTel, a Sunnyvale-based provider of hosted phone systems and unified communications tools, said on Thursday it has completed its $8.5 million acquisition of Milwaukee-based Corvisa, a provider of cloud-based communications tools, from Novation Companies. The deal was first announced last month. The company said the move will accelerate its hosted revenue growth. "The addition of Corvisa's standards-based APIs, SIP trunking and standalone contact center expands our cloud-based offering while providing new sources of hosted revenue," said Don Joos, the president and CEO of ShoreTel. Corvisa's leadership team and approximately 95 employees have joined ShoreTel.
http://www.shoretel.com
https://www.shoretel.com/news/shoretel-completes-acquisition-uc-cloud-provider-corvisa
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o San Francisco to Host 2016 Challenge Cup Regional
San Francisco -- San Francisco will play host to one of eight regional rounds in the 2016 Challenge Cup, a global startup competition taking place in more than 50 cities worldwide, organizer 1776 said on Thursday. Other regionals will take place in Mexico City, Dubai, Nairobi, Tokyo, New York, Singapore and London, with the global finals set for June in Washington, DC. There, startups will compete for over $1 million in cash and equity prizes. Organizers also unveiled several new high-profile partners they hope will expand the event's reach. They include: Philips (focused on health technology), the DC Mayor's Office (focused on the Washington, DC competition), the World Bank (focused on cleantech), Amazon Web Services (a cloud technology partner), Inter-American Development Bank (regional partner for Latin America and the Caribbean), the Japan Innovation Network (regional partner in Japan) and AARP (focused on caregiving startups for people over 50 in San Francisco and New York).
http://www.1776.vc/press/1776-convenes-partners-from-around-the-world-for-challenge-cup-2016/
http://www.1776.vc/challenge-cup/apply-to-compete/ (Application)
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> Digital Entertainment Expo - Feb. 9-11 - Los Angeles - 15% Off With Code "TW"
From digital content creation to monetization, Digital Entertainment World is where you want to be if you are in the business of creating or monetizing digital entertainment content. DEW 2016 celebrates the visionary content creators and technology innovators who are creating the engaging products and experiences driving the future of connected entertainment. Tech Wire subscribers receive a 15% discount by using discount code TW. http://www.dewexpo.com/ (Use discount code "TW" for 15% off)
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o Briefly Noted:
(San Francisco) San Francisco-based Symic, a clinical-stage biotherapeutics company developing drugs that target and affect the extracellular matrix (ECM), on Thursday named Rinko Ghosh as its president and chief business officer. Ghosh most recently was the senior vice president and chief business officer at Nektar Therapeutics.
http://www.symic.bio
http://www.symic.bio/wp-content/uploads/Symic-Rinko-Ghosh-Jan-2016.pdf (PDF)
(Mountain View, Calif.) Mountain View-based Tango, a mobile messaging service with more than 350 million users, has named co-founder Eric Setton as its new CEO. Setton, who has been the company's chief technology officer (CTO), succeeds co-founder Uri Raz, who becomes executive chairman.
http://www.tango.me
http://www.prnewswire.com/news-releases/tango-names-eric-setton-chief-executive-officer-300200562.html
(San Jose, Calif.) San Jose-based Signifyd, a provider of fraud protection services to e-commerce businesses, on Thursday named Bill McKiernan to its board of directors. McKiernan is the founder of Visa-subsidiary CyberSource. He was an executive advisor for Visa until 2012,and currently serves as the president of WSM Capital.
https://blog.signifyd.com/2016/01/07/signifyd-announces-addition-of-bill-mckiernan-founder-of-cybersource-corporation-to-its-board/
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> Chief Technology Officer - City of Cupertino, California
The City of Cupertino, California is conducting a national search to recruit its first Chief Technology Officer. Recently reorganized to include Communications, IT, and GIS, the Information Services Department will be led by this department head position. The next Chief Technology Officer will lead a dedicated staff in a well-resourced community in the heart of Silicon Valley, with strong access to innovative technologies. The ideal candidate will be a change agent who is an excellent communicator that leads with a coaching/mentoring style. A Bachelor’s degree in Information Technology, Business Administration, or a related field is required, as is 5 years of directly related experience, including 3 years of supervisory level experience. Annual salary range is $148,908 - $181,908 plus an excellent benefit package including CalPERS retirement and excellent work schedule. Interested candidates should submit their cover letter, resume, and salary history via email to apply@ralphandersen.com. Apply by Friday, January 22, 2016. Confidential inquiries welcomed to Greg Nelson at (916) 630-4900 ext. 137. Brochure available at http://www.ralphandersen.com/jobs/chief-technology-officer-cupertino/
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> Digital Entertainment Expo - Feb. 9-11 - Los Angeles - 15% Off With Code "TW"
From digital content creation to monetization, Digital Entertainment World is where you want to be if you are in the business of creating or monetizing digital entertainment content. DEW 2016 celebrates the visionary content creators and technology innovators who are creating the engaging products and experiences driving the future of connected entertainment. Tech Wire subscribers receive a 15% discount by using discount code TW. http://www.dewexpo.com/ (Use discount code "TW" for 15% off)
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> Networking for Nerds: 11 Tips to Help Reluctant Networkers Make Connections That Pay Off
Does your idea of "networking" involve nursing a drink in the corner while your more gregarious colleagues mix, mingle, wheel, and deal? Whether you consider yourself an introvert, socially awkward, or just a networking newbie, fear not. Here are 11 tips to help you connect more confidently and maybe -- just maybe -- take your career to the next level.
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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