Monday, October 24, 2016

Bay Area Tech Wire - Oct. 24

==========================================
BAY AREA TECH WIRE -- Oct. 24, 2016
==========================================
Campaigns & Marketing Summit - Dec. 1 - D.C.
www.camsummitdc.com 

o San Francisco-Based Eaze Raises $13 Million in Second Round
o San Francisco-Based Benchling Lands $7 Million in New Funding
o S.F.-Based Francisco Partners Closes $600M Fund for Smaller Tech Deals
o
Emeryville-Based Art.com Names Kira Wampler as New CEO  
o
Southerland Global Services Acquires San Ramon-Based Nuevora
> Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.
o Briefly Noted: iTutorGroup, Propel(x) - Seatrec, Vevo
_____________________________________________

> 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

_____________________________________________

o San Francisco-Based Eaze Raises $13 Million in Second Round

San Francisco -- Eaze, a San Francisco-based developer of on-demand medical marijuana technology, said on Monday it has raised $13 million in its second round of funding, led by Fresh VC. DCM Ventures, Tusk Ventures, Winklevoss Capital and Rose Capital also took part in the round, which increased the company's total backing to more than $25 million. Eaze said it will use the proceeds to accelerate product development, grow its staff and expand its technology to additional markets. The company's technology is designed to connect patients with dispensaries, then enable delivery in less than 20 minutes. For patients in need of a medical marijuana recommendations, EazeMD connects California residents with board-certified doctors to receive an evaluation through its mobile and online platforms. Since launching in mid-2014, the company has powered on-demand dispensary deliveries to hundreds of thousands of medical marijuana patients in nearly 100 California cities. "Adult use [of marijuana] is on the precipice of becoming legal in California, the largest marijuana market in the United States," said CEO Keith McCarty. "[We] are poised to accelerate as the market hits an inflection point."
https://www.eazeup.com/ 
http://www.businesswire.com/news/home/20161024005553/en/Eaze-Funded-Marijuana-Technology-Company-25M-Total 
_____________________________________________

o San Francisco-Based Benchling Lands $7 Million in New Funding

San Francisco -- Benchling, a San Francisco-based developer of life sciences R&D software, said on Monday it has landed $7 million in a new round of funding, led by Thrive Capital. Andreessen Horowitz and several individuals also participated in the round, which increased the company's total backing to more than $13 million. Four-year-old Benchling said it plans to use the new funding to expand scientific operations, broaden development across more therapeutic areas and further expand its platform, including the release of a new product that bridges structured and unstructured scientific data. "The industry mostly runs on paper, spreadsheets and otherwise clunky and outdated software that's designed with little scientist input," said founder and CEO Sajith Wickramasekara. "Benchling develops its software with real scientist workflows in mind, so that scientists' tools can streamline their research rather than impede it." Benchling currently provides its cloud-based platform to more than 40,000 academic and industry scientists.
http://www.benchling.com
http://www.prnewswire.com/news-releases/benchling-announces-7m-in-new-funding-led-by-thrive-capital-300349537.html 
_____________________________________________


o S.F.-Based Francisco Partners Closes $600M Fund for Smaller Tech Deals

San Francisco -- Francisco Partners Management, a San Francisco-based technology private equity firm, said on Monday it has raised a new $600 million fund targeting smaller technology deals. The firm said its Agility Fund will focus on opportunities that "may be too small for our main funds," including investments of under $50 million. In the meantime, Francisco continues to invest FP IV, which includes investments such as Capsilon, Click Software, GoodRx and the pending acquisition of Dell Software Group.
https://www.franciscopartners.com/ 
http://www.businesswire.com/news/home/20161024005726/en/Francisco-Partners-Closes-600-Million-Agility-Fund 
_____________________________________________

o Emeryville-Based Art.com Names Kira Wampler as New CEO

Emeryville, Calif. -- Art.com, the Emeryville-based developer of an online destination for wall art and d├ęcor, on Monday named former Lyft executive Kira Wampler as its new CEO. She succeeds Chuck Kurth, who will return to his role as chief financial officer (CFO) after serving as interim CEO. Wampler most recently served as the chief marketing officer (CMO) at rideshare service Lyft, where she oversaw the company's expansion from 65 cities in March 2015 to more than 200 today. She also has been the CMO of online residential real estate site Trulia. "The board of directors and I are confident that, under Kira's leadership, Art.com will thrive and further capitalize on the enormous market opportunities that we have," said Chairman Dan Marriott.
http://www.art.com
http://www.prnewswire.com/news-releases/artcom-inc-appoints-kira-wampler-as-ceo-300349438.html 
_____________________________________________

o Southerland Global Services Acquires San Ramon-Based Nuevora

San Ramon, Calif. -- Sutherland Global Services, a New York-based provider of services designed to support the customer lifecycle, said on Monday it has acquired San Ramon-based data analytics firm Nuevora. Financial terms of the deal were not disclosed. The company said the acquisition will bolster its big data capabilities and strengthen its digital practice division. "Nuevora brings an immense competitive differentiator to Sutherland, giving our customers the ability to monetize their data assets, provision their analytic platforms and deliver new predictive and prescriptive insights," said Dilip Vellodi, Sutherland's chairman and CEO. Nuevora will continue to operate as a subsidiary of Sutherland, led by founder and CEO Phani Nagarjuna, who will also assume the role of chief analytics officer.
http://www.nuevora.com/ 
http://www.sutherlandglobal.com/aboutus-Press-2016-10-24.aspx 
_____________________________________________

||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

> 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

||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

_____________________________________________

o Briefly Noted:

(Santa Clara, Calif.) iTutorGroup, the Chinese developer of an online-learning platform with U.S. headquarters in Santa Clara, on Monday named Zhengrong Tang as its chief technology officer (CTO). Tang, the former CTO of Alibaba Japan, will lead the technology roadmap for the company, which was valued at more than $1 billion when it raised its $200 million third round of funding last November. He most recently served as the director of Taobao.com, AliPay and B2B. iTutorGroup's education language platform provides personalized language learning through millions of classes held annually. The company serves 100,000 active students and has more than 10,000 teaching consultants.
http://www.itutorgroup.com 
http://www.businesswire.com/news/home/20161024005010/en/iTutorGroup-Appoints-Zhengrong-Tang-Chief-Technology-Officer

(San Francisco) San Francisco-based Propel(x), developer of an online angel investment platform, said on Monday that Monrovia-based Seatrec, a renewable energy company that generates electricity from temperature differences in the ocean, is raising $1 million on its platform. Seatrec, founded as a spinoff from the NASA Jet Propulsion Laboratory (JPL) and the California Institute of Technology, already counts Breakout Labs and Schmidt Marine Technology Partners as seed investors.
http://www.propelx.com 
http://seatrec.com
http://www.businesswire.com/news/home/20161024005147/en/Seatrec-Raising-1M-Growth-Capital-Propel 

(San Francisco) Vevo, the New York-based music video and entertainment platform partially owned by two major record labels and Google, on Monday named Colleen McCreary as its chief people office, based in San Francisco. McCreary previously held HR leadership roles at Zynga and Microsoft. The news comes nearly a year after Vevo acquired San Francisco-based Showyou, developer of a mobile streaming video platform.
http://hq.vevo.com/colleen-mccreary-joins-vevo-chief-people-officer/ 

===================================================
Job/Event/Marketplace Listings:
===================================================
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300

> 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

_____________________________________________

> 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

_____________________________________________

> 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/

===================================================
Subscribe to other newsletters from Tech Wire Media Group:

Potomac Tech Wire: http://www.potomactechwire.com
Bay Area Tech Wire: http://www.bayareatechwire.com
New England Tech Wire: http://www.newenglandtechwire.com

Advertising: If you are interested in advertising in our newsletters, call
Paul Sherman at 1-301-656-0057 x1103 or send email to paul@techwiremedia.com

News tips, press releases. Send email to:
editorial@bayareatechwire.com

Tech Wire Mailing Address:
P.O. Box 15180
Washington, DC 20003

Copyright: CapWire Inc. 2016



 

 



To unsubscribe/change profile: click here

To subscribe: click here

No comments:

Post a Comment