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BAY AREA TECH WIRE -- Oct. 20, 2016
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Campaigns & Marketing Summit - Dec. 1 - D.C.
www.camsummitdc.com
o San Francisco-Based Verdigris Lands $6.7 Million in New Funding
o Menlo Park-Based Redpoint Ventures Closes $180 Million China Fund
o San Francisco-Based Mainsail Partners Invests $28M in Nexus Systems
o San Mateo-Based Atipica Raises $2 Million in Seed Funding, Hires CTO
o White House Launches New Privacy Office in Bid to Protect Information
> Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.
o Briefly Noted: Navis, Scality, Ignition Partners
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Unanet Lunch and Demonstration of Unanet Project Financials - November 2
--Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.
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 San Francisco-Based Verdigris Lands $6.7 Million in New Funding
San Francisco -- Verdigris, the San Francisco-based developer of an artificial intelligence and IoT platform used in buildings, said on Thursday it has secured $6.7 million in a new round of funding led by Jabil. Verizon Ventures, Stanford StartX Fund and angels also took part in the round, which the company will use to expand its manufacturing and customer operations. In addition to investing, Jabil plans to roll out Verdigris' AI energy sensor platform in a number of its largest manufacturing sites. Verdigris' sensors wirelessly stream thousands of samples per second from a building's electrical panel into the cloud. The company's artificial intelligence platform then analyzes them to automatically optimize building controls, predict future breakdowns and send users notifications about energy use. Customers include Autodesk, Honeywell, Hyatt Hotels, Intercontinental Hotels, Jabil, JBS, Marriott, Megabess, NRG and Starwood Hotels.
http://www.verdigris.co
http://www.prnewswire.com/news-releases/verdigris-announces-67m-funding-round-with-investments-by-jabil-and-verizon-300348094.html
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o Menlo Park-Based Redpoint Ventures Closes $180 Million China Fund
Menlo Park, Calif. -- Redpoint Ventures, the Menlo Park-based venture capital firm, said on Thursday it has closed a new $180 million fund focused on early-stage tech companies in China. The fund, Redpoint China, will invest in about 25 companies with initial investments expected to average $1-4 million. "China's startup ecosystem has never been more promising due to the growing class of serial entrepreneurs, strong government support and accelerating global technology developments," said David Yuan, partner at Redpoint. Since 2005, Redpoint has actively invested in more than 35 companies in China. Exits include CGEN Digital Media (acquired by Focus Media), Qihoo360 (NYSE IPO), iDreamSky (Nasdaq IPO) and Domob (acquired by Blue Focus).
http://www.redpoint.com/
http://www.businesswire.com/news/home/20161020005555/en/Redpoint-Ventures-Closes-180-Million-Fund-Dedicated
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o San Francisco-Based Mainsail Partners Invests $28M in Nexus Systems
San Francisco -- Mainsail Partners, a San Francisco-based investment firm that backs bootstrapped companies in the software, technology-enabled services and healthcare sectors, said it has invested $28 million in Virginia-based Nexus Systems, a developer of software that automates the traditionally paper intensive accounts payable process. The 17-year-old company said it will use the capital to accelerate product development, sales and marketing activities, while also growing its onboarding and client services teams. "The time was right for our company to take advantage of the many opportunities that are available with proper funding," said CEO Tom Coolidge. "As more companies look to automate and tightly manage the process from procurement to payment, the demand for our software has increased." Nexus Systems' flagship product, NexusPayables, is designed to automate and manage the entire accounts payable process from purchase to payment. Current customers include Tanger Factory Outlet Centers, Cushman & Wakefield, Colliers International and Extra Space Storage.
http://www.nexussystems.com
http://www.mainsailpartners.com
http://nexussystems.com/nexus-systems-secures-28m-investment-to-drive-growth/
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o San Mateo-Based Atipica Raises $2 Million in Seed Funding, Hires CTO
San Mateo, Calif. -- Atipica, the San Mateo-based developer of a talent discovery engine, said on Thursday it has raised $2 million in a new round of seed funding, led by True Ventures. Kapor Capital and Precursor Ventures also participated, as well as several angel investors. The company's data mining and machine learning technology is designed to help clients resurface applicants, analyze trends in their databases and predict future business needs, all while cutting external sourcing costs. Atipica also said it has hired Mike Sela as its chief technology officer (CTO). Sela previously worked at SurveyMonkey, leading that company's natural language processing and machine learning teams.
http://www.atipica.co
http://www.prnewswire.com/news-releases/atipica-raises-2-million-in-seed-funding-and-hires-long-time-surveymonkey-executive-as-its-cto-300347910.html
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o White House Launches New Privacy Office in Bid to Protect Information
Washington, DC -- Looking to increase the use of emerging technologies to improve the way the federal government protects sensitive private information, the White House on Wednesday announced a new privacy office within the Office of Information and Regulatory Affairs (OIRA). The office, to be headed by a dedicated senior official still to be named, will lead efforts to develop federal privacy practices, collaborate with other privacy leaders to find government-wide solutions to issues and oversee policies that impact the privacy of information about people. "If we don't invest in privacy today, the issues will only be more challenging tomorrow," wrote Shaun Donovan, director of the Office of Management and Budget (OMDB), in a blog post. "And while the role and responsibilities of the new office may evolve to keep pace with ever-changing technologies and advancements in information analytics, the new office -- and the career position created to lead it -- are here to stay not just in the months ahead, but for years to come."
https://www.whitehouse.gov/blog/2016/10/19/announcing-new-privacy-office-within-oira
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> Unanet Lunch and Demonstration of Unanet Project Financials - November 2 at 11 AM!
If your project-driven business is still using disparate, legacy ERP software packages to manage service projects, this complimentary informational session is not to be missed. Enjoy lunch while you hear first-hand from Unanet customers who have chosen our affordable, scalable software to reduce administrative costs, lower risk, and support decision-making with real-time analytics, dashboards, and KPIs. See for yourself how you can foster successful project management -- from bid-to-bill -- and increase employee satisfaction and productivity through one easy-to-use, "live" system. Join us on Wednesday, November 2 at Il Fornaio in Burlingame. See details and register today at http://unanet.com/bayarea or contact Morgan Franklin at mfranklin@unanet.com
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o Briefly Noted:
(Oakland) Oakland-based Navis, a provider of operational technologies and services to terminal operators, on Thursday named Raj Gupta as its senior vice president of engineering and chief technology officer (CTO). Gupta most recently served as the senior vice president of engineering at Nice Systems, and earlier was the vice president of engineering and operations at Oracle.
http://www.navis.com
http://www.businesswire.com/news/home/20161020005318/en/Navis-Appoints-Raj-Gupta-Chief-Technology-Officer
(San Francisco) San Francisco-based Scality, a developer of object and cloud storage technology, on Thursday named Paul Turner as its chief marketing officer (CMO) and Pierre Derome as its vice president of engineering. Turner previously served as the CMO of Cloudian, and Derome was the CTO of T-Online. The company also promoted Claire Forest to chief people officer.
http://www.scality.com/about-us/press/scality-executive-appointments/
(Los Altos, Calif.) Ignition Partners, an early stage business software venture capital firm, on Thursday named Scott Coleman as a business development partner in its new Los Altos office. Coleman, who most recently served as the general manager of Microsoft Startup Growth Ventures identify technical and go-to-market opportunities, as well as drive strategic partnerships for the firm's portfolio companies.
http://www.ignitionpartners.com
http://www.businesswire.com/news/home/20161020005497/en/Ignition-Partners-Names-Scott-Coleman-Business-Development
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> Unanet Lunch and Demonstration of Unanet Project Financials - November 2 at 11 AM!
If your project-driven business is still using disparate, legacy ERP software packages to manage service projects, this complimentary informational session is not to be missed. Enjoy lunch while you hear first-hand from Unanet customers who have chosen our affordable, scalable software to reduce administrative costs, lower risk, and support decision-making with real-time analytics, dashboards, and KPIs. See for yourself how you can foster successful project management -- from bid-to-bill -- and increase employee satisfaction and productivity through one easy-to-use, "live" system. Join us on Wednesday, November 2 at Il Fornaio in Burlingame. See details and register today at http://unanet.com/bayarea or contact Morgan Franklin at mfranklin@unanet.com
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> Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.
The Campaigns & Marketing Summit on December 1 at the National Press Club brings together 300+ brand marketers, PR and advocacy professionals, and political campaign strategists to discuss their common tactics, strategies, tools and platforms. It is the only conference to bring together both brand and political marketers. This unique fusion in both speakers and attendees produces fresh insights and empowers attendees to push the boundaries of what's possible in their own fields. One thing you're guaranteed to take away from CAM Summit: actionable strategies and tactics that set you apart from peers. www.camsummitdc.com
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