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BAY AREA TECH WIRE -- April 5, 2016
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Mid-Atlantic Marketing Summit - April 22 - Washington, D.C.
http://www.mamsummit.com
o San Mateo-Based Mintigo Raises $15 Million in New Funding Round
o Marvell Technology CEO and President Leave Company
o San Francisco-Based Virool Raises $12 Million in First Round
o S.F.-Based Twitter Wins Rights to Stream Thursday Night NFL Games
o Oakland-Based Veriflow Launches Out of Stealth After Raising $2.9M
o H.I.G. Capital Closes Acquisition of Menlo Park-Based Quicken
o San Francisco-Based Toptal Acquires Skillbridge
> Mid-Atlantic Marketing Summit - April 22 - Washington, D.C.
o Briefly Noted: Nuspay, Vigilant Solutions
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
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--Mid-Atlantic Marketing Summit - April 22
Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section
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o San Mateo-Based Mintigo Raises $15 Million in New Funding Round
San Mateo, Calif. -- Mintigo, a San Mateo-based developer of predictive marketing technology, said on Tuesday it has raised $15 million in a new round of funding, led by Sequoia Capital. The company, which saw both its revenue and platform usage grow more than 700% in 2015, said it will use the funds to support expansion. Mintigo is the developer of a cloud-based software platform designed to help sales and marketing teams use data and predictive analytics to increase sales. Clients, such as Oracle, Getty Images, TeleTech, Red Hat, Workfront, Equinix, SolarWinds, Time Warner Cable and Neustar, use the platform to discover their ideal customer profiles, target their most likely buyers and engage specific clients through micro-campaigns.
http://www.mintigo.com
http://www.prnewswire.com/news-releases/mintigo-raises-15-million-funding-led-by-sequoia-capital-after-700-percent-growth-300246027.html
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o Marvell Technology CEO and President Leave Company
Santa Clara, Calif. -- Marvell Technology Group, a Santa Clara-based febless semiconductor company that ships more than 1 billion chips a year, said on Tuesday that co-founders Sehat Sutardja and Weili Dai have relinquished their roles as CEO and president, respectively. Both will remain on the company's board of directors. "The board believes that the time has come to move in a new leadership direction," said Arturo Krueger, Marvell's lead outside director. "The company's highest priority is to leverage Marvell's strong core business and technology to drive the next stage of product innovation and profitable growth." The board, in conjunction with an executive search firm, will launch a search for their successors. The news comes days after Marvell warned that its fiscal 2016 net revenue is expected to be "significantly" lower and received a delisting warning form the Nasdaq for missing a deadline to file financial reports with the Securities and Exchange Commission (SEC).
http://www.marvell.com
http://investor.marvell.com/phoenix.zhtml?c=120802&p=irol-newsArticle&ID=2154191
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o San Francisco-Based Virool Raises $12 Million in First Round
San Francisco -- Virool, the San Francisco-based developer of a video distribution platform for marketers, said on Tuesday it has raised $12 million in its first round of funding from Menlo Ventures, Yahoo Japan, Flint Capital and 500 Startups. "The additional funding will accelerate our North America, Latin America and Europe plans, and extend Virool into APAC with the strategic sense of Yahoo Japan," said CEO Alex Debelov. Launched in late 2012 out of Y Combinator, Virool now powers more than 75,000 video campaigns for brands and their agencies. The company previously had raised $6.6 million in seed funding.
https://www.virool.com/
http://www.businesswire.com/news/home/20160405005649/en/Leading-Video-Advertising-Platform-Virool-Closes-12M
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o S.F.-Based Twitter Wins Rights to Stream Thursday Night NFL Games
San Francisco -- The National Football League (NFL) on Tuesday selected San Francisco-based Twitter to live-stream Thursday Night Football games over the Internet. The social media platform, which beat out bids from companies such as Facebook, Amazon and Verizon, will stream 10 games, all told. NFL Commissioner Roger Goodell announced the news Tuesday morning via a tweet. The league had been searching for a partner after a trial run last year when Sunnyvale-based Yahoo won the right to stream the Jacksonville Jaguars-Buffalo Bills game from London. "This is about transforming the fan experience with football. People watch NFL games with Twitter today," Twitter CEO Jack Dorsey said in a statement. "Now they'll be able to watch right on Twitter Thursday nights." In addition to live streaming the game, Twitter's partnership includes in-game highlights and pre-game Periscope broadcasts with players and teams. CBS and NBC each will broadcast five of the Thursday night games, which the NFL Network will simulcast and Twitter will stream. "There is a massive amount of NFL-related conversation happening on Twitter during our games and tapping into that audience, in addition to our viewers on broadcast and cable, will ensure Thursday Night Football is seen on an unprecedented number of platforms this season," Goodell said in a statement. "This agreement also provides additional reach for those brands advertising with our broadcast partners."
http://www.nfl.com/news/story/0ap3000000650453/article/thursday-night-football-to-be-streamed-live-on-twitter
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o Oakland-Based Veriflow Launches Out of Stealth After Raising $2.9M
Oakland -- Veriflow, an Oakland-based developer of network breach and outage prevention software, said on Tuesday it has launched out of stealth with $2.9 million in a round of seed funding led by New Enterprise Associates (NEA). The National Science Foundation and the Department of Defense also contributed. The company's software, expected to become generally available after midyear, uses mathematical network verification to protect complex networks. Pete Sonsini, a general partner at NEA, said the technology "helps close the security gaps that are frequently attributed to human error, such as misconfigured devices, poor policy management and insider threats." The company is led by President and CEO James Brear, who served as the CEO of Procera until its acquisition by Francisco Partners last August.
http://www.veriflow.net/
http://www.nea.com
http://www.veriflow.net/press/veriflow-launches-stealth/
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o H.I.G. Capital Closes Acquisition of Menlo Park-Based Quicken
Menlo Park, Calif. -- Private equity firm H.I.G. Capital said on Tuesday it has completed its acquisition of Menlo Park-based Quicken, a developer of personal financial management software, from Mountain View-based owner Intuit. The companies announced the deal in August, after Intuit reportedly had been searching for a buyer for Quicken since last August. Fraser Preston, managing director at H.I.G, said his firm views the deal as "a chance to restore Quicken to technology leadership," and plans to work with the company's executive team to add new features to products and bolster customer care. Financial terms of the deal were not disclosed.
http://www.quicken.com
http://higcapital.com/news/release/906
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o San Francisco-Based Toptal Acquires Skillbridge
San Francisco -- Toptal, the San Francisco-based developer of a network of freelance software engineers and designers, said it has acquired New York-based Skillbridge, creator of a platform in the on-demand business talent space. Financial terms of the deal were not disclosed. With the acquisition, Toptal said it will represent the top 3% of freelance developers, designers and business professionals, connecting them with companies around the globe. "Companies are increasingly looking for expertise within the rapidly-growing on-demand business talent segment, and Skillbridge gives us the experience and knowledge to win in the space alongside our technology," said co-founder and CEO Taso Du Val. Skillbridge has screened more than 7,500 freelance professionals to-date, helping businesses quickly hire top consultants, accountants, statisticians and other specialists.
http://www.toptal.com
http://www.skillbridge.co
https://www.toptal.com/press-center/toptal-acquires-skillbridge
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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:
(Sunnyvale, Calif.) Sunnyvale-based Nuspay, developer of a global digital currency payment network, on Tuesday named Darrel Anderson to its board of advisors. Anderson is the president of Conformance Technologies, and earlier served as executive vice president at CSR, president of US Financial Services Group and senior vice president of strategic partnerships at TSYS.
http://www.nuspay.com/about/nuspay-headline-news/nuspay-appoints-disruptive-payments-expert-to-board-of-advisors.html
(Livermore, Calif.) Livermore-based Vigilant Solutions, a developer of intelligence technology for law enforcement, on Tuesday named facial recognition expert Roger Rodriguez as its manager of image analytics. Rodriguez previously spent more than 20 years with the New York City Police Department (NYPD), where he spearheaded the deployment of the department's first dedicated facial recognition unit.
http://www.vigilantsolutions.com
http://www.prnewswire.com/news-releases/world-renowned-facial-recognition-expert-roger-rodriguez-joins-vigilant-solutions-300246065.html
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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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