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BAY AREA TECH WIRE -- May 4, 2016
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Featured Event: Blue University LIVE Empowers Developers to Reimagine the IoT (San Jose)
https://www.bluetooth.com/blue-u-live
o Campbell-Based ChargePoint Raises $50M to Expand EV Charging Network
o San Francisco-Based ON24 Lands $25M Investment from Goldman Sachs
o San Francisco-Based Prosper Marketplace Cuts 28% of Staff
o San Jose-Based Adobe to Acquire San Francisco-Based Livefyre
o Zendesk Hires First Chief Revenue Officer, Chief Information Officer
> Blue University LIVE Empowers Developers to Reimagine the IoT
o Briefly Noted: Decker Communications, New Relic, Xactly
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Blue University LIVE Empowers Developers to Reimagine the IoT on May 24 in San Jose
--11 Fatal Errors Not to Make in Your Job Search
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 Campbell-Based ChargePoint Raises $50M to Expand EV Charging Network
Campbell, Calif. -- ChargePoint, the Campbell-based developer of an electric vehicle (EV) charging network, said on Wednesday it has secured an additional $50 million in a new round of funding led by Linse Capital. Previous backers Braemar Energy Ventures and Constellation Energy also participated in the round, which increased the company's total funding to more than $164 million. "[The funding] will allow us to scale to service the needs of future EV drivers and companies wishing to install EV charging in their parking lots," said CEO Pasquale Romano. ChargePoint's network includes more than 28,000 charging spots in North America. All stations are independently owned and operated, giving station owners the freedom of flexible pricing and access control. ChargePoint also on Wednesday elevated current board member Bruce Chizen, the former CEO of Adobe, to chairman.
http://www.chargepoint.com
http://www.chargepoint.com/news/2016/0504/chargepoint-raises-50-million-to-extend-market-leadership-drive-electric-vehicles-into-mainstream/
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o San Francisco-Based ON24 Lands $25M Investment from Goldman Sachs
San Francisco -- ON24, the San Francisco-based developer of a webinar marketing platform, said on Wednesday it has landed a new $25 million investment from Goldman Sachs' Private Capital Investing Group. The company, which saw 70% year-over-year subscription revenue growth in 2015, said it will use the proceeds to accelerate both domestic and international expansion, as well as to bolster the capabilities of its core platform. Holger Staude, the vice president in Goldman Sachs' Private Capital Investing Group, has joined the company's board of directors. ON24's cloud-based platform lets companies deliver live and on-demand webinars for demand generation, lead qualification and customer engagement. The company currently boasts more than 1,500 customers, including IBM, CA Technologies, Merck, JPMorgan Chase, Credit Suisse and SAP.
http://www.on24.com
http://www.prnewswire.com/news-releases/on24-closes-25-million-in-funding-from-goldman-sachs-300262164.html
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o San Francisco-Based Prosper Marketplace Cuts 28% of Staff
San Francisco -- Struggling with a decline in loan volume, San Francisco-based Prosper Marketplace, the operator of an online marketplace that connects borrowers and investors, is cutting 28% of its staff, or about 171 jobs, The Wall Street Journal reported. The cuts include about 14% of the company's combined staff in San Francisco and Phoenix, as well as the closing of an entire office in Utah. Some of the company's top management, including Josh Tonderys, its chief risk officer, and business development executive Itzik Cohen also will depart, The Journal reported. Prosper was valued at about $1.9 billion when it raised $165 million in funding last year, but has yet to turn a profit. The company's loan volume shrunk to $973 million during the first quarter, down 12% from the prior quarter.
https://www.prosper.com
http://www.wsj.com/articles/prosper-marketplace-to-cut-jobs-and-shuffles-executives-1462308893#:ai63M8wi7luLCA
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o San Jose-Based Adobe to Acquire San Francisco-Based Livefyre
San Jose, Calif. -- Adobe, the San Jose-based maker of web publishing software, said it will acquire San Francisco-based Livefyre, developer of a real-time content marketing and engagement platform. Financial terms of the deal, expected to close within the next several months, were not disclosed. Adobe had been a prominent investor in the company, which in early 2015 announced $47 million in funding. Livefyre's platform is designed to give brands and publishers instant access to billions of pieces of user generated content that can be streamed in real-time to their sites, ads, emails, TV, digital billboards and apps. Clients include CNN, Coca-Cola, Cox Media Group, Dow Jones Wall Street Journal, Hallmark, Intel, Kimberly-Clark, Major League Baseball, Mashable, National Geographic, News Corp, the PGA Tour, Sears, Univision and Warner Music Group. Adobe said it will make Livefyre part of its Experience Manager product, and integrate it across its Marketing Cloud. "With this acquisition our customers will be able to unify the best social media content with branded experiences created in Adobe Creative Cloud and community-driven content in Adobe Behance and Adobe Stock," said Aseem Chandra, the vice president of Adobe Experience Manager and Adobe Target.
http://www.adobe.com
http://web.livefyre.com/
http://www.businesswire.com/news/home/20160503006866/en/Adobe-Announces-Agreement-Acquire-Livefyre
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o Zendesk Hires First Chief Revenue Officer, Chief Information Officer
San Francisco -- Zendesk, the San Francisco-based developer of a customer service software platform, has named Bryan Cox as its inaugural chief revenue officer and Tom Keiser as its first chief information officer. The hires come just days after the company named former Salesforce executive Elena Gomez as its new CFO, succeeding Alan Black. Cox is the former senior vice president of global customer operations at VMware, and Keiser is the former chief information officer and executive vice president of global product operations at Gap. Both will play key roles as Zendesk looks to broaden its enterprise reach and expand its products beyond customer service. "Their valuable industry insight and deep enterprise experience will help us reach our goal of $1 billion in revenue in 2020," said Mikkel Svane, Zendesk's founder, chairman and CEO.
http://www.zendesk.com
https://www.zendesk.com/company/press/zendesk-adds-chief-revenue-officer-chief-information-officer-leadership-team/
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> Blue University LIVE Empowers Developers to Reimagine the IoT - May 24 - San Jose
The Bluetooth SIG invites you to Blue University LIVE, a full-day training session for those new to Bluetooth technology that will show you how to significantly cut build time and bring products to market faster than ever. You will leave this in-person training session with the knowledge and resources needed to get a project off the ground and into the hands of consumers. Industry leaders and Bluetooth experts will lead working sessions on Bluetooth Developer Studio, creating sample code, implementing code, and building mobile applications. Attendees will receive free development kits and a download of the sample project used in the presentation. The training will be held at the San Jose Marriott on Tuesday, May 24.
Those interested can learn more about the trainings at https://www.bluetooth.com/blue-u-live
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o Briefly Noted:
(San Francisco) San Francisco-based Decker Communications, a provider of business communication training, coaching and consulting services, has named Scott Bender as its senior vice president of sales. Bender, who previously held roles with Veritiv and a division of International Paper, succeeds Terry Leem who will shift his focus to strategic partnerships and alliances.
https://decker.com/
http://www.prnewswire.com/news-releases/scott-bender-joins-decker-communications-to-lead-sales-team-300262266.html
(San Francisco) San Francisco-based New Relic, developer of a software analytics platform, has named Sohaib Abbasi and James Tolonen to its board of directors. Abbasi is the former chairman and CEO of Informatica, and Tolonen is the former CFO and senior vice president of finance and administration at Business Objects.
https://newrelic.com
http://www.businesswire.com/news/home/20160504005641/en/Relic-Appoints-Sohaib-Abbasi-James-Tolonen-Board
(San Jose, Calif.) San Jose-based Xactly, developer of a cloud-based incentive compensation platform designed to manage employee and sales performance, on Wednesday named Bernie Kassar as its inaugural chief customer officer. Kassar, who earlier spent two years as a senior vice president at Xactly, most recently served as the senior vice president of customer success and services at Mixpanel.
https://www.xactlycorp.com/press-releases/162488/
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Job/Event/Marketplace Listings:
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> Blue University LIVE Empowers Developers to Reimagine the IoT
The Bluetooth SIG invites you to Blue University LIVE, a full-day training session for those new to Bluetooth technology that will show you how to significantly cut build time and bring products to market faster than ever. You will leave this in-person training session with the knowledge and resources needed to get a project off the ground and into the hands of consumers. Industry leaders and Bluetooth experts will lead working sessions on Bluetooth Developer Studio, creating sample code, implementing code, and building mobile applications. Attendees will receive free development kits and a download of the sample project used in the presentation. The training will be held at the San Jose Marriott on Tuesday, May 24. Those interested can learn more about the trainings at https://www.bluetooth.com/blue-u-live
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> 11 Fatal Errors Not to Make in Your Job Search
Many well-meaning, enthusiastic job seekers unknowingly sabotage their efforts because they don't realize their strategy is full of mistakes. Fortunately, when you know which errors to avoid, you'll probably find that your stalled job search gains the forward momentum you want. If you've been trying to find a job with no success, here we share 11 common errors to avoid. http://fairfaxcountyeda.org/bay-area-tech-wire
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