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BAY AREA TECH WIRE -- March 7, 2016
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Mid-Atlantic Marketing Summit - April 22 - Washington, D.C.
http://www.mamsummit.com
o San Francisco-Based AlphaSense Lands $33 Million in Funding
o S.F.-Based Culture Amp Raises $10 Million in Second Round
o San Francisco-Based Switch.co Becomes Dialpad, Makes Key Hires
o Supreme Court Rejects Apple's Appeal in $450 Million E-Book Case
o Symantec Closes on $500 Million Investment from Silver Lake
o Briefly Noted: Digital Realty Trust, Piper Jaffray, Support.com
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Mid-Atlantic Marketing Summit - April 22
Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section
Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com
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o San Francisco-Based AlphaSense Lands $33 Million in Funding
San Francisco -- AlphaSense, the San Francisco-based developer of a search engine for financial professionals, said on Monday it has landed $33 million in a new round of funding from Tribeca Venture Partners, Triangle Peak Partners and Quantum Strategic. Several individuals, including Tom Glocer, the former CEO of Thomson Reuters, also took part in the round. AlphaSense said it will use the new capital to bolster its products, as well as to grow in its current markets and expand into new ones. The company initially launched its service in 2011, and currently serves more than 400 investment firms, banks and corporations. Its database covers clients' in-house content alongside thousands of external sources, including more than 1,000 sell-side research providers and company disclosures covering more than 35,000 public corporations.
https://www.alpha-sense.com/
http://www.businesswire.com/news/home/20160307005337/en/AlphaSense-Raises-33-Million-Revolutionize-Search-Financial
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o S.F.-Based Culture Amp Raises $10 Million in Second Round
San Francisco -- Culture Amp, the San Francisco-based developer of a people analytics platform designed to give users insights on employee engagement and company culture, said on Monday it has raised $10 million in its second round of funding, led by Index Ventures. Felicis Ventures and Blackbird Ventures also took part in the round, which the company will use to launch new analytics features and expand into the U.K., where it will open an office later this month. Ilya Fushman, a general partner at Index Ventures, will join the company's board of directors. Culture Amp said it has more than tripled in size since its previous round a year ago, and added clients such as Greenhouse, Slack and Namely to a roster that already included Airbnb, Etsy, Eventbrite, Pinterest and Warby Parker.
http://www.cultureamp.com
http://www.prnewswire.com/news-releases/people-analytics-platform-snags-10-million-in-series-b-funding-led-by-index-ventures-300231274.html
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o San Francisco-Based Switch.co Becomes Dialpad, Makes Key Hires
San Francisco -- Switch.co, the San Francisco-based developer of a business communications platform, said on Monday it has changed its name to Dialpad and hired three key executives. The company has Morgan Norman as its vice president of marketing, Steve Milner as its vice president of sales and Omar Lee as its head of design. Norman, previously was the chief creative officer and senior vice president of marketing at NetSuite, Milner was the vice president of U.S. enterprise sales at Rackspace and Lee was user experience designer at YouTube. Dialpad's cloud-based platform is designed to help workers have business conversations across every channel and medium, including chat, voice, conference, documents and video -- inside and outside of their company's network. The company said its products are currently used by 60% of Fortune 500 companies. Dialpad is backed by Amasia, Andreessen Horowitz, Felicis Ventures, GV, Softbank and Work-Bench.
https://dialpad.com/update
https://dialpad.com/news
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o Supreme Court Rejects Apple's Appeal in $450 Million E-Book Case
Cupertino, Calif. -- Apple must pay $450 million to settle an e-book price-fixing lawsuit after the U.S. Supreme Court on Monday declined to hear the company's appeal of a lower-court ruling. Attorneys general from 33 states alleged that the Cupertino-based company conspired with five major publishers to raise the price of e-books by as much as 50%. The publishers -- Hachette Book Group, HarperCollins Publishers, Macmillan, Penguin Group and Simon & Schuster -- previously paid $166 million to settle their end of the suit, which was filed in 2012. Now, most purchasers of the e-books will receive automatic credits at their e-book retailers. "Apple's liability for knowingly conspiring with book publishers to raise the prices of e-books is settled once and for all," said Bill Baer, an assistant attorney general in the Justice Department's Antitrust Division. "And consumers will be made whole."
https://www.justice.gov/opa/pr/supreme-court-rejects-apples-request-review-e-books-antitrust-conspiracy-findings
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o Symantec Closes on $500 Million Investment from Silver Lake
Mountain View, Calif. -- Symantec, the Mountain View-based Internet security giant, said on Monday it has closed on its $500 million investment from Menlo Park-based technology investment firm Silver Lake. The deal was first announced in early February. Ken Hao, managing partner of Silver Lake, has been named to the company's board of directors. In connection with the investment, Symantec said its board of directors has increased the company's total capital return program to $5.5 billion, with plans to return to shareholders funds representing all of the after-tax cash proceeds from its recent sale of Veritas by March 2017. "Today marks an important milestone in our path forward as a focused security company," said Michael Brown, Symantec's president and CEO. "We are well-positioned to deliver on our unified security strategy and return significant value to shareholders."
http://www.symantec.com
http://www.silverlake.com
http://www.businesswire.com/news/home/20160304005769/en/Symantec-Announces-Closing-500-Million-Silver-Lake
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> Mid-Atlantic Marketing Summit - April 22
Now in its fifth year, the annual summit has become the "must-attend" annual marketing event for the DC region and beyond. The summit brings together 400+ CMOs, Senior Marketers, Agency Professionals and Technology Executives from the DC area. The event features dozens of case studies, keynotes, presentations and networking breaks on the most important issues facing marketers in 2016-2017. For more information, go to: www.mamsummit.com
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o Briefly Noted:
(San Francisco) San Francisco-based Digital Realty Trust, an owner and operator of data centers, said on Monday it has paid $6 million to acquire a six-acre parcel of land near Frankfurt, Germany. The company said the site eventually will house a 27-megawatt data center campus comprised of three buildings totaling approximately 340,000 square feet. Digital Realty currently has 23 data centers in Europe.
http://investor.digitalrealty.com/investor-relations/news-and-events/news/news-details/2016/Digital-Realty-Acquires-Land-in-Frankfurt-Germany/default.aspx
(San Francisco) Piper Jaffray, the Minnesota-based investment bank, on Monday named Jason Harkness as a managing director in its technology investment banking group. He will work in San Francisco in partnership with Michael Hirsch, serving as co-heads of the firm's Internet and digital media sectors. Harkness most recently was a managing director and head of Internet and digital media investment banking at Raymond James.
http://www.piperjaffray.com
http://www.businesswire.com/news/home/20160307006295/en/Piper-Jaffray-Hires-Managing-Director-Jason-Harkness
(Redwood City, Calif.) Redwood City-based Support.com, a developer of cloud-based software and services that deliver tech support, on Monday named Tim Stanley to its board of directors. Stanley previously served as the senior vice president of enterprise strategy, industries and innovation at Salesforce, and earlier was the chief information officer and senior vice president of innovation and gaming at Harrah's Entertainment.
http://www.support.com/press_release/support-com-appoints-tim-stanley-to-board-of-directors/
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> Mid-Atlantic Marketing Summit - April 22
Now in its fifth year, the annual summit has become the "must-attend" annual marketing event for the DC region and beyond. The summit brings together 400+ CMOs, Senior Marketers, Agency Professionals and Technology Executives from the DC area. The event features dozens of case studies, keynotes, presentations and networking breaks on the most important issues facing marketers in 2016-2017. For more information, go to: www.mamsummit.com
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