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BAY AREA TECH WIRE -- March 8, 2016
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Mid-Atlantic Marketing Summit - April 22 - Washington, D.C.
http://www.mamsummit.com
o San Jose-Based Cisco Acquires San Francisco-Based Synata
o San Mateo-Based Celigo Lands $8 Million in New Funding Round
o S.F.-Based Main Post Partners Raises $400 Million for Inaugural Fund
o Campbell-Based Interfocus Names Greg Jorgensen as President
o S.F.-Based Quantcast Promotes CFO Stephen Collins to President
o Briefly Noted: Hercules Capital, Accenture
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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 Mateo-Based Celigo Lands $8 Million in New Funding Round
San Mateo, Calif. -- Celigo, a San Mateo-based provider of pre-built integrations designed to connect cloud-based applications, said on Tuesday it has secured $8 million in a new round of funding, led by TVC Capital. The company will use the new round -- the first institutional capital since its founding in 2006 -- to expand its sales, marketing, product development and services capabilities. "The funding provides us the opportunity to take our unique model of pre-built integrations backed by a modern iPaaS solution to companies of all sizes, from small businesses to large enterprises," said CEO Jan Arendtsz. Celigo's clients include Glassdoor, Zenefits, Trulia, Jonathan Adler, American Giant, Alton Lane, Splunk, Lucky Brand, Louisville Slugger, Nautilus, IdeaPaint and Gravity Defyer. Steven Hamerslag, managing partner of TVC Capital, will join the company's board.
http://www.celigo.com
http://www.prnewswire.com/news-releases/celigo-closes-8-million-in-growth-equity-funding-300232313.html
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o San Jose-Based Cisco Acquires San Francisco-Based Synata
San Jose, Calif. -- Cisco, the San Jose-based networking equipment giant, said on Tuesday it has acquired San Francisco-based Synata, a developer of technology that delivers search capabilities for collaboration cloud applications. Financial terms of the deal were not disclosed. The company said the acquisition will bolster search within Cisco's Spark business collaboration service, which lets customers message, meet or call anyone, anywhere and anytime. "With Synata's search capabilities, we can take Cisco Spark's existing search capabilities to the next level," wrote Rob Salvagno, vice president of corporate business development, in a blog post. "Once integrated, customers will be able to find the most relevant information quickly and securely." The Synata team will join Cisco's Collaboration Technology Group, under Rowan Trollope, its senior vice president and general manager. The latest move builds on Cisco's recent collaboration software acquisitions, such as Collaborate, Assemblage and Tropo.
http://www.cisco.com/c/en/us/about/corporate-strategy-office/acquisitions/synata.html
https://blogs.cisco.com/news/cisco-spark-collaboration-news
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o S.F.-Based Main Post Partners Raises $400 Million for Inaugural Fund
San Francisco -- Main Post Partners, a San Francisco-based private equity firm focused on middle-market consumer, services and manufacturing companies, said on Tuesday it has raised $400 million for its inaugural fund. The fund, known as Main Post Growth Capital, plans to invest $25-$75 million in profitable companies, primarily those seeking their first institutional rounds, and already has made investments in Arch Manufacturing, Chuze Fitness and EagleRider. Main Post was founded in 2014 by investment partners who had worked together in Weston Presidio's San Francisco office.
http://www.mainpostpartners.com
http://www.prnewswire.com/news-releases/main-post-partners-completes-fundraising-on-400-million-growth-equity-fund-300232435.html
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o Campbell-Based Interfocus Names Greg Jorgensen as President
Campbell, Calif. -- Interfocus Technologies, a Campbell-based developer of productivity management software, on Tuesday named Greg Jorgensen as its president. Jorgensen most recently was a principal at the Jorgensen Brand Group, and previously board advisor for WorkSimple and AnchorFree. He also has worked with companies such as Verisign, Macrovision, McAfee, Oracle, Cisco and IBM, developing a reputation for building and revitalizing a wide variety of brands. Interfocus is a unit of Motex a Kyocera Communication Systems Group company.
http://www.interfocustechnologies.com
http://www.prnewswire.com/news-releases/interfocus-technologies-names-greg-jorgensen-president-300232185.html
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o S.F.-Based Quantcast Promotes CFO Stephen Collins to President
San Francisco -- Quantcast, a San Francisco-based developer of big data tools for digital and mobile advertising, said on Tuesday it has elevated CFO Stephen Collins to the additional roll of president. Collins has served as CFO for the past nine months, and previously was a strategic and operational advisor to the company. Earlier, he was the CEO of Bazaarvoice and CFO and CIO of Doubleclick. Konrad Feldman, the company's co-founder and CEO, said that adding the role of president "will afford me more time with our customers and R&D teams as we create the next generation of transformative data technology solutions for the media and advertising industry."
http://www.quantcast.com
https://www.quantcast.com/about-us/press/press-release/quantcast-adds-role-of-president-to-executive-leadership-team-with-promotion-of-stephen-r-collins/
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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:
(Palo Alto, Calif.) Palo Alto-based Hercules Capital, a provider of venture debt to technology and life sciences companies, said on Tuesday it has expanded its credit facility with Wells Fargo Capital Finance. The firm said that AloStar Bank of Commerce has committed $20 million for a total of $95 in credit capacity under a $300 million accordion credit facility
http://www.htgc.com/
http://www.businesswire.com/news/home/20160308005622/en/
(Redwood City, Calif.) Professional services-giant Accenture said on Tuesday it has opened its first Liquid Application Studio in Redwood City. The company said the new facility is designed to help businesses accelerate application development by using contemporary architectures, reusable components, automation tools and new methods. Companies pair with Accenture software engineers to prototype and develop a range of custom apps.
https://newsroom.accenture.com/news/accenture-launches-liquid-application-studio-in-silicon-valley-to-accelerate-digital-businesses-with-rapid-application-development.htm
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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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