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BAY AREA TECH WIRE -- April 18, 2016
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Sponsored By: Fairfax County Economic Development Authority
http://fairfaxcountyeda.org/bay-area-tech-wire
o S.F.-Based HomeLight Raises $11 million in First Round of Funding
o San Rafael-Based Autodesk Acquires Solid Angle
o Vista Equity Partners to Acquire Cvent in $1.65 Billion Deal
o San Francisco-Based BrightBytes Names Traci Burgess as CEO
o FTC Settles Case Over $70 Million in Unauthorized Phone Charges
> Is Your Career Stuck in Gridlock? Change your GPS.
o Briefly Noted: Profusa, Quantum, Coho Data
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Senior Field Marketing Manager - Blackboard - DC
--Is Your Career Stuck in Gridlock? Change your GPS.
--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 S.F.-Based HomeLight Raises $11 million in First Round of Funding
San Francisco -- HomeLight, the San Francisco-based developer of an online marketplace designed to help users find real estate agents, said on Monday it has raised $11 million in its first round of funding, led by Zeev Ventures. Other participants included Dovi Frances of SGVC, as well as Bullpen Capital, Montage Ventures, Krillion Ventures, Innovation Endeavors, Oren Dobronsky and Yariv Davidovich. The company, which now has raised $15 million since its inception in 2012, said it will use the bulk of the proceeds to expand its marketplace. HomeLight utilizes data algorithms and machine learning techniques to match home sellers and buyers with the agent that best suits their needs, based on variables such as local neighborhood home sales, expertise in price range, time to sell, likelihood to close and responsiveness. The company currently operates in 38 major U.S. markets.
http://www.homelight.com
http://finance.yahoo.com/news/homelight-raises-11m-series-funding-130700722.html
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o San Rafael-Based Autodesk Acquires Solid Angle
San Rafael, Calif. -- Autodesk, the San Rafael-based developer of design and engineering software, said on Monday it has acquired U.K.-based Solid Angle, developer of a ray-tracing image renderer used to create 3D animation and visual effects in film, television and advertising. Financial terms of the deal were not disclosed. "We're constantly looking out for promising technologies that help artists boost creativity and productivity," said Chris Bradshaw, the senior vice president of Autodesk Media & Entertainment. "Efficient rendering is increasingly critical for 3D content creation, and acquiring Solid Angle will allow us to help customers better tackle this computationally intensive part of the creative process." Solid Angle's core "Arnold" tool is used by more than 500 studios and thousands of independent artists.
http://www.autodesk.com/
https://www.solidangle.com/
http://news.autodesk.com/press-release/autodesk-boosts-advanced-rendering-capabilities-through-acquisition-solid-angle
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o Vista Equity Partners to Acquire Cvent in $1.65 Billion Deal
San Francisco -- Vista Equity Partners, a private equity firm with offices in San Francisco, Chicago and Texas, said on Monday it will pay $1.65 billion to acquire Virginia-based Cvent, developer of a cloud-based event management platform. The deal, expected to close sometime after midyear, will take Cvent private, less than three years after the company raised $117.6 million in its initial public offering (IPO). Current stockholders will receive $36 a share in cash. "This milestone is the next chapter in our 17-year history," said founder and CEO Reggie Aggarwal, adding that Vista's financial strength will make his company "better positioned to deliver innovative solutions that transform the meetings and events industry," while giving employees "new opportunities for career growth." Cvent offers software to event planners for online event registration, venue selection, event management, mobile apps for events, email marketing and web surveys.
http://www.cvent.com
http://www.vistaequitypartners.com
http://www.businesswire.com/news/home/20160418005839/en/Cvent-Enters-Definitive-Agreement-Acquired-Vista-Equity
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o San Francisco-Based BrightBytes Names Traci Burgess as CEO
San Francisco -- BrightBytes, a San Francisco-based educational technology startup that last July raised $33 million in funding, on Monday named Traci Burgess as its chief executive officer (CEO). Burgess most recently served as the chief operating officer (COO) of Think Through Math, and previously was the vice president of sales and marketing at Catapult Learning and the vice president of sales at Blackboard. "We feel that her experience in leadership, operations, and sales at educational technology companies is the perfect addition to the founding team," said co-founder Rob Mancabelli. BrightBytes' Clarity platform is designed to provide answers for administrators managing a range of challenges such as technology efficacy, dropout prevention, at-risk student identification, data privacy, digital safety and leadership effectiveness. Approximately 1 in 5 U.S. schools now use the platform.
http://www.brightbytes.net
http://finance.yahoo.com/news/brightbytes-appoints-education-technology-veteran-123000602.html
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o FTC Settles Case Over $70 Million in Unauthorized Phone Charges
Washington, DC -- A purported nonprofit that allegedly benefitted from a massive landline phone bill cramming operation will turn over most of its assets in order to settle Federal Trade Commission (FTC) charges, the agency announced Monday. The settlement stemmed from the FTC's original complaint against a company called American eVoice, which the agency claimed crammed more than $70 million in unwanted and unauthorized charges on consumers' phone bills. The FTC said that company then transferred millions of dollars in ill-gotten gains to Montana-based Bibliologic, which now will have to surrender a large tract of land, the contents of multiple bank and investment accounts, gold and silver and several vehicles. Under the terms of the settlement, Bibliologic will be allowed to retain $100,000 that must be used for charitable purposes.
https://www.ftc.gov/news-events/press-releases/2016/04/relief-defendant-ftc-cramming-case-settles-charges?utm_source=govdelivery
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Is Your Career Stuck in Gridlock? Change your GPS.
Getting out of life and career gridlock takes commitment, motivation and self-discipline. With some focused attention and a shift in attitude you will open yourself up to opportunities. Here, we show you how finding your way out of gridlock requires you to reset your internal GPS to Good - Present - Space.
http://fairfaxcountyeda.org/bay-area-tech-wire
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o Briefly Noted:
(South San Francisco) South San Francisco-based Profusa, a developer of tissue-integrated biosensors, on Monday named Bradley Rice as its vice president of engineering R&D. Rice previously served as the senior vice president of systems R&D at Caliper Life Sciences and senior director of systems R&D at PerkinElmer.
http://profusa.com/news-and-events/profusa-inc-names-bradley-w-rice-ph-d-vice-president-engineering-rd/
(San Jose, Calif.) San Jose-based Quantum, a developer of technology for capturing, sharing and preserving digital assets, on Monday named Fuad Ahmad as its senior vice president and chief financial officer (CFO). Ahmad is a partner at FLG Partners, a CFO consulting and board advisory firm, and previously was the CFO of Sezmi and senior vice president and CFO of Globalstar.
http://phx.corporate-ir.net/phoenix.zhtml?c=69905&p=RssLanding&cat=news&id=2157853
(Palo Alto, Calif.) Palo Alto-based Coho Data, developer of a flash storage platform, on Monday named Jim Ensell as its chief marketing officer (CMO). Ensell most recently served as the CMO of Electric Cloud, and previously was the chief marketing and strategy officer at CollabNet.
http://www.cohodata.com/press/coho-data-appoints-cmo
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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> Is Your Career Stuck in Gridlock? Change your GPS.
Getting out of life and career gridlock takes commitment, motivation and self-discipline. With some focused attention and a shift in attitude you will open yourself up to opportunities. Here, we show you how finding your way out of gridlock requires you to reset your internal GPS to Good - Present - Space. http://fairfaxcountyeda.org/bay-area-tech-wire
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> Senior Field Marketing Manager - Blackboard - DC
The Senior Field Marketing Manager is a key role on Blackboard's North American Higher Education (NAHE) Field Marketing team. This role will develop marketing plans to increase pipeline and penetration within institutions of higher learning. This position will develop and drive high touch field marketing programs to generate quality pipeline and to move prospects through the sales cycle. SPECIFIC RESPONSIBILITIES INCLUDE: Planning integrated marketing programs to take customers through a sequential journey. Defining marketing plans to create/accelerate opportunities. Developing marketing segments that align with sales teams' goals to deliver relevant, focused messages and programs. REQUIRED QUALIFICATIONS: 5-7 years of B2B software marketing experience (or higher-ed software marketing). DESIRED QUALIFICATIONS: Bachelor's Degree in Marketing or Business strongly preferred. Industry or vertical marketing experience, education a plus. For full job description and to apply, go to: http://careers.blackboard.com/marketing/position/job_1f7061000000000138213
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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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> Advertising on Bay Area Tech Wire
Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/
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