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BAY AREA TECH WIRE -- April 7, 2016
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Mid-Atlantic Marketing Summit - April 22 - Washington, D.C.
http://www.mamsummit.com
o Los Altos-Based Electric Imp Raises $21 Million in Third Round
o Palo Alto-Based Accel Leads $12.5 Million Round for Luma
o S.F.-Based Astound Commerce Acquires e-tailing group and Site9
o Los Altos-Based Unwired Planet to Sell IP Licensing Business
> Mid-Atlantic Marketing Summit - April 22 - Washington, D.C.
o Briefly Noted: NSFOCUS IB, BlueVine
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Field Marketing Senior Manager, North America - 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 Los Altos-Based Electric Imp Raises $21 Million in Third Round
Los Altos, Calif. -- Electric Imp, the Los Altos-based developer of an Internet of Things platform that connects devices to advanced cloud computing resources, said on Thursday it has raised $21 million in its third round of funding. Rampart Capital led the round alongside company insiders and previous backer Redpoint Ventures. The company, which now has raised $43 million since its inception in 2011, said it will use the new capital to accelerate expansion, particularly in the commercial and industrial markets. Electric Imp's platform is designed to help manufacturers manage and quickly scale their connected products and services to millions of users.
https://electricimp.com
http://www.businesswire.com/news/home/20160407005452/en/Electric-Imp-Announces-21-Million-Series-Funding
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o Palo Alto-Based Accel Leads $12.5 Million Round for Luma
Palo Alto, Calif. -- Accel, the Palo Alto-based venture capital firm, said on Thursday it has led a new $12.5 million round of funding for Atlanta-based Luma, a developer of home networking technology with West Coast offices in San Francisco. The Amazon Alexa Fund also participated in the company's first round, along with previous backers Felicis Ventures, Base Ventures, BIP Capital, Relay Ventures and Webb Investment Network. The company said it will use the funds to fulfill the demand for its flagship product, as well as expand global operations and continue research and development. Luma said its "Surround WiFi" system is faster than currently available systems, and also offers cybersecurity and parental controls. The company has taken more than 30,000 pre-orders, with units expected to start shipping in June. Accel partner Brian O'Malley will join Luma's board of directors. "We now have video streaming, cameras, garage doors and even toasters connected to our home networks, but there has been close to zero innovation in the space," said O'Malley. "Luma is the first company to essentially reimagine home networking."
http://www.getluma.com
http://www.accel.com/
http://www.businesswire.com/news/home/20160407005423/en/Luma-Announces-12.5-Million-Series-Funding-Accel
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o S.F.-Based Astound Commerce Acquires e-tailing group and Site9
San Francisco -- Astound Commerce, a San Francisco-based provider of cross-platform e-commerce services, said it has completed the acquisitions of Chicago-based e-tailing group and Portland-based Site9. Financial terms of the deals were not disclosed. e-tailing is a provider of e-commerce and retail consulting services, with a client list that includes Staples, Crate and Barrel, Toys"R"Us, MoMA, Under Armour and Lenovo. Site9 is the maker of ProtoShare, a web-based prototyping platform used by thousands of web, mobile app and mobile site developers. e-tailing founder Lauren Freedman will join Astound as senior vice president of digital strategy and chief merchant, while Site9 founder and CEO Andrew Mottaz will become senior director of interactive design and user experience.
http://www.astoundcommerce.com
http://www.prnewswire.com/news-releases/astound-commerce-acquires-site9---maker-of-protoshare-web-and-mobile-prototyping-software-300246982.html
http://www.prnewswire.com/news-releases/astound-commerce-acquires-ecommerce-consultancy-the-e-tailing-group-300246971.html
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o Los Altos-Based Unwired Planet to Sell IP Licensing Business
Los Altos, Calif. -- Unwired Planet, a Los Altos-based developer of mobile Internet technology, said on Thursday it will sell its intellectual property licensing business, known as Unwired Planet LLC, to Optis UP Holdings. Under the agreement, the company will receive $30 million in cash at closing, and up to an additional $10 million in cash on the second anniversary of the closing. Unwired Planet said the deal is part of its plan to "evaluate its strategic alternatives and focus the company on reinventing itself." The deal is expected to close in the second or third quarter, when Boris Teksler will step down as its CEO. "My team and I joined Unwired Planet 10 months ago, and in that time we have replaced a record of losses with several litigation victories," said Teksler. "However, after assessing the company's financial situation, we felt it prudent to develop a range of alternatives for our IP business."
http://www.unwiredplanet.com/
http://investor.unwiredplanet.com/releasedetail.cfm?releaseid=963875
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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:
(Santa Clara, Calif.) Santa Clara-based NSFOCUS IB, a provider of enterprise network security products, has named Aftab Afzal as its senior vice president and general manager of the EMEA region. Afzal most worked at Akamai Technologies, where he was sales director for Southern Europe and emerging markets within the company's security division.
http://nsfocusglobal.com/nsfocus-continues-emea-expansion-appointment-industry-veteran/
(Palo Alto, Calif.) Palo Alto-based BlueVine, an online provider of working capital financing to small businesses, on Thursday named private equity executive Ana Sirbu as its vice president of finance and strategy. Sirbu most recently served as a manager at Google Capital, leading the firm's efforts in the fintech sector.
https://www.bluevine.com/
http://www.businesswire.com/news/home/20160407005169/en/BlueVine-Announces-Flex-Credit-Small-Businesses-Adds
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Job/Event/Marketplace Listings:
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> Field Marketing Senior Manager, North American Higher Education - D.C.
The Field Marketing Senior 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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> 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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> 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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