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BAY AREA TECH WIRE -- Oct. 28, 2016
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Campaigns & Marketing Summit - Washington, D.C. - Dec. 1
http://www.camsummitdc.org
o Fremont-Based Quantenna Communications Raise $107.2 Million in IPO
o San Francisco-Based Twitter to Shut Down Vine Service
o San Francisco-Based Postmates Files to Raise $190 Million in New Funding
o Study: More Than 1/3 of Social Media Users Worn Out by Political Content
> Campaigns & Marketing Summit - Washington, D.C. - Dec. 1
o Briefly Noted: Tradeshift, Space Systems Loral
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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 Fremont-Based Quantenna Communications Raise $107.2 Million in IPO
Fremont, Calif. -- Shares of Fremont-based Quantenna Communications fell 5% by late Friday, hours after the developer of Wi-Fi technology raised $107.2 million in its initial public offering (IPO). The company on Thursday night priced 6.7 million shares at $16 each, the high end of its expected range of $14-$16. The stock began trading Friday under the symbol "QTNA" on the NASDAQ. Quantenna's products combine semiconductor architecture with system-level software and cloud analytics to improve the speed and performance of Wi-Fi networks. This marks the fifth technology IPO by a Bay Area company this year.
http://www.quantenna.com/
http://www.quantenna.com/2016/10/quantenna-communications-inc-announces-pricing-of-initial-public-offering/
https://www.sec.gov/Archives/edgar/data/1370702/000162828016020423
/quantennafinalprospectus.htm (IPO filing)
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o San Francisco-Based Twitter to Shut Down Vine Service
San Francisco -- Twitter said on Thursday it will discontinue Vine, the three-year-old social network that lets users post six-second videos. The San Francisco-based company broke the news as it also announced plans to cut 9% of its staff amid a company-wide restructuring. "Nothing is happening to the apps, website or your Vines today," the company said. "We'll be keeping the website online because we think it's important to still be able to watch all the incredible Vines that have been made. You will be notified before we make any changes to the app or website." Twitter, which launched Vine in 2013, did not offer a specific explanation as to why it is shuttering the service.
https://vine.co/
https://medium.com/@vine/important-news-about-vine-909c5f4ae7a7#.1hzusn8sv
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o San Francisco-Based Postmates Files to Raise $190 Million in New Funding
San Francisco -- Postmates, the San Francisco-based provider of an on-demand food delivery service, has filed to raise $190 million in a new round of funding, Forbes reported. The company's valuation, however, remains at $5.27 a share, the same as when it raised $80 million in mid-2015. All told, the company has raised about $138 million in funding since its founding in 2011, from investors including Spark Capital, Slow Ventures, Matrix Partners and Founders Fund. Postmates has developed logistics software that dispatches and guides couriers through major cities to deliver local goods, including prepared food, groceries and retail goods. The company operates in more than 200 cities through partnerships over 4,000 businesses.
https://postmates.com/
http://www.forbes.com/sites/briansolomon/2016/10/27/postmates-files-to-raise-up-to-190-million-at-flat-valuation/#403ecd447111
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o Study: More Than 1/3 of Social Media Users Worn Out by Political Content
Washington, DC -- A growing number of social media users now say they are annoyed and aggravated by the tone of the political interactions they view on platforms such as Facebook and Twitter, according to a report by the Pew Research Center. A new survey of more than 4,500 U.S. adults found that 37% of social media users are worn out by the amount of political content they encounter -- nearly double the amount (20%) that likes seeing lots of political information on these platforms. Meanwhile, more than half (59%) describe their online interactions with those they disagree with politically as stressful and frustrating, and 64% say their online encounters with people on the other side leave them feeling as if they have even less in common than they thought. Some 40% of respondents strongly agree that social media platforms are places where people say things while discussing politics that they would never say in person, and 83% say they try to ignore friends' political posts that they disagree with. The complete study is at the link below.
http://www.pewinternet.org/2016/10/25/the-political-environment-on-social-media/?utm_source=adaptivemailer&utm_medium=email&utm_campaign=10/25/2016%20social%20tone%20of%20politics&org=982&lvl=100&ite=455&lea=76617&ctr=0&par=1&trk=
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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:
(San Francisco) San Francisco-based Tradeshift, developer of a business commerce platform, said it has opened a new office in Sydney, Australia. The company said it will use office to deliver trade and financial capabilities to businesses headquartered in Australia and New Zealand, as well as multinational companies.
http://www.businesswire.com/news/home/20161027005557/en/Tradeshift-Expands-Australia-Zealand
(Palo Alto, Calif.) Palo Alto-based Space Systems Loral (SSL), a developer of satellites and spacecraft systems, has named Richard White as its senior vice president of business development for government systems. White was previously the CEO of Capstone, and earlier served in senior management roles at Harris Corp.
http://www.sslmda.com/html/pressreleases/pr20161027.html
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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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