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BAY AREA TECH WIRE -- April 22, 2016
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Sponsored By: Fairfax County Economic Development Authority
http://fairfaxcountyeda.org/bay-area-tech-wire
o Uber Settles with Drivers, Who Will Remain Independent Contractors
o San Mateo-Based SnapLogic Names James Markarian as CTO
o San Francisco-Based Synchron Acquires SmartStent, Names Chairman
o SVB Teams with Oxford on $45M Credit Facility for Nuvectra
> Is Your Career Stuck in Gridlock? Change your GPS.
o Briefly Noted: Coupa Software, MegaPath, LiquidSpace, Soraa
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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.
Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section
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o Uber Settles with Drivers, Who Will Remain Independent Contractors
San Francisco -- Side-stepping what could've been a serious threat to its business, San Francisco-based on-demand ride service Uber has settled a pair of class-action lawsuits filed against the company by its drivers. Under the deal, Uber will pay up to $100 million to drivers in California and Massachusetts, but will continue to classify all drivers as independent contractors instead of employees. In addition, drivers will be permitted to place signs in their cars soliciting tips from passengers. The company also said it will begin providing drivers with more information about their individual ratings and how they compare with peers. It also will introduce a new policy explaining when and how it deactivates drivers, and create an appeals process in California and Massachusetts. "We believe these to be very significant changes that will improve work conditions for Uber drivers," said plaintiffs attorney Shannon Liss-Riordan in a statement. "We realize that some will be disappointed not to see this case go to trial in June… But we believe the settlement we have been able to negotiate for Uber drivers throughout California and Massachusetts provides significant benefits -- both monetary and nonmonetary -- that will improve the work lives of the drivers and justifies this compromise result."
https://newsroom.uber.com/growing-and-growing-up/
http://uberlawsuit.com/Breaking%20news%20-%20Uber%20will%20pay%20$100%20million%20to%20settle%20independent%20contractor%20misclassification%20claims.pdf (PDF)
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o San Mateo-Based SnapLogic Names James Markarian as CTO
San Mateo, Calif. -- SnapLogic, a San Mateo-based developer of a unified data and application integration platform as a service, has named James Markarian as its chief technology officer (CTO). Markarian most recently served as an entrepreneur-in-residence at Khosla Ventures, where he advised a number of data management technology companies. Previously, he spent nearly 15 years as the executive vice president and CTO of Informatica, where he worked alongside Gaurav Dhillon, SnapLogic's current chairman and CEO. SnapLogic also recently named Christopher Hackett to lead international sales.
http://www.SnapLogic.com
https://www.snaplogic.com/press-releases/snaplogic-appoints-industry-veteran-james-markarian-as-chief-technology-officer
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o San Francisco-Based Synchron Acquires SmartStent, Names Chairman
San Francisco -- Synchron, a San Francisco-based startup developing minimally invasive neuromoducation technologies, said it has acquired SmartStent, an Australian company with IP rights to an implantable technology that can interpret signals from the brain. Financial terms of the deal were not disclosed. The technology, known as Stentrode, is being developed for patients with paralysis and various brain pathologies, and to date has received more than $4 million in grant funding from the Defense Advanced Research Projects Agency (DARPA), among other sources. Synchron also has named Martin Dieck, most recently the co-founder and CEO of medical device company Lazarus Effect, as its chairman. Dieck's company was acquired by Medtronic for $100 million in September.
http://www.synchronmed.com/
http://www.businesswire.com/news/home/20160421005673/en/Endovascular-Start-up-Synchron-Appoints-Neurovascular-Veteran-Martin
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o SVB Teams with Oxford on $45M Credit Facility for Nuvectra
Santa Clara, Calif. -- Silicon Valley Bank (SVB),. the Santa Clara-based high-tech commercial bank, said it as teams with Virginia-based Oxford Finance to provide a $45 million credit facility to Nuvectra, the Texas-based developer of a neurostimulation technology platform for the treatment of chronic pain. The facility includes a $40 million term loan and a $5 million line of credit. The company will use the funds to finance its recent spin-off from parent Greatbatch and establish a market presence in the U.S. for its first product, the Algovita spinal cord stimulation system. "We believe there is a large market opportunity for this device, as its advanced power capabilities and flexible leads will improve treatment outcomes compared to competing products," said Christopher Herr, senior managing director at Oxford.
http://www.oxfordfinance.com/
http://nuvectramedical.com/
http://finance.yahoo.com/news/oxford-finance-silicon-valley-bank-170000715.html
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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:
(San Mateo, Calif.) San Mateo-based Coupa Software, a developer of cloud-based spend management software, said it has formed a new executive advisory board comprised of business leaders from various industries. The board, led by Kendra Von Esh, Coupa's executive strategic advisor, will convene for the first time May 10 in San Francisco. A complete list of board members is at the link below.
http://www.coupa.com/newsworthy/press-releases/coupa-announces-executive-advisory-board/
(Pleasanton, Calif.) Pleasanton-based MegaPath, a provider of voice, data, security and cloud services in North America, has named Bram Slipakoff as its regional channel director in the southwestern U.S. Slipakoff most recently served as a channel executive at Vonage, and previously held key leadership roles with WiLine Networks, World Telecom Concepts and Integra Telecom.
https://www.megapath.com/about/press-releases/megapath-names-bram-slipakoff-channel-director-of-southwest-region/
(San Francisco) San Francisco-based LiquidSpace, developer of a real-time network for office space, has named Mark Rose to its board of directors. Rose is the chairman and CEO of commercial real estate services firm Avison Young.
http://www.liquidspace.com/
http://www.prnewswire.com/news-releases/mark-e-rose-joins-liquidspace-board-of-directors-300255594.html
(Fremont, Calif.) Fremont-based Soraa, a developer of LED lighting technology, on Friday named Todd Antes as its senior vice president of marketing. Antes most recently served as a vice president at Qualcomm, responsible for the strategy, product roadmap and go-to-market activities of the company's networking and connected home/office/IoT products.
http://www.soraa.com/
http://www.businesswire.com/news/home/20160422005254/en/Soraa-Hires-Todd-Antes-Senior-Vice-President
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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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