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BAY AREA TECH WIRE -- Nov. 17, 2016
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Campaigns & Marketing Summit - Washington, D.C. - Dec. 1
http://www.camsummitdc.org
o San Francisco-Based Particle Raises $10.4 Million in New Funding
o Berkeley-Based Wearhaus Lands $4 Million in First Round of Funding
o Tipalti Moves to Larger Headquarters in San Mateo, Hires COO
o Larkspur-Based Power Factors Acquires Canada's Ekhosoft
o Report: FTC Leary About Over-Regulating Sharing Economy
> Campaigns & Marketing Summit - Washington, D.C. - Dec. 1
o Briefly Noted: Asterias Biotherapeutics
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o San Francisco-Based Particle Raises $10.4 Million in New Funding
San Francisco -- Particle, the San Francisco-based developer of an Internet of Things (IoT) platform, said on Thursday it has raised $10.4 million in its first round of funding, co-led by Root Ventures, O'Reilly Alpha Tech Ventures and Rincon Venture Partners. The company said it will use the proceeds to expand its sales and support teams, as well as to help guide its community of more than 90,000 developers toward IoT initiatives and connected products. Particle, which launched with a Kickstarter campaign in 2013, now has raised $14.6 million since its inception. Earlier this year, the company announced its enterprise platform, Particle Cloud, which is designed to help users build and ship IoT products in as little as six months. The platform is now used by companies ranging in size from startups like Grove and CleverPet to Fortune 500 companies like Keurig and Briggs Healthcare.
http://www.particle.io/
http://www.marketwired.com/press-release/particle-announces-104-million-series-a-funding-2176654.htm
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o Berkeley-Based Wearhaus Lands $4 Million in First Round of Funding
Berkeley, Calif. -- Wearhaus, a Berkeley-based developer of hardware and software designed to share sound between headphones, said on Thursday it has raised $4 million in its first round of funding, led by Tellus International. Xiaoxiang Capital and China Southern Media also participated in the round. The company also announced the general availability of its flagship Wearhaus Arc, a $199 Bluetooth headset built to let users listen to music or watch video together, wirelessly and in sync. "We've all had moments, whether sitting in a coffee shop listening to music or watching a movie on an airplane, where we want to share what we are listening to with friends," said co-founder and CEO Richie Zeng. "You can't just start blaring your speakers. You don't have a splitter, and so you awkwardly stretch an earbud across the table or your seat. The Wearhaus Arc puts an end to that." Companion iOS and Android apps allow the product to deliver new features and functionality through software and firmware updates.
http://www.wearhaus.com/
http://www.businesswire.com/news/home/20161117005481/en/Wearhaus-Raises-4MM-Series-Flagship-Wearhaus-Arc
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o Tipalti Moves to Larger Headquarters in San Mateo, Hires COO
San Mateo, Calif. -- Tipalti, developer of a supplier payments automation platform, said it has relocated its headquarters from Palo Alto to a larger facility in San Mateo, and also named Manish Vrishaketu as its chief operating officer (COO). The company said the new space triples the size of its previous location. "Tipalti has grown exceptionally over the last year, so much so that we need a bigger space to keep with the new additions and planned hires to our sales, marketing and operations teams," said CEO Chen Amit. Vrishaketu most recently served as the president of Americas at GoSwiff, and previously was the vice president of business development and product strategy at Fiserv. The latest news comes two months after the company announced $14 million I a new round of funding, led by SGVC.
http://tipalti.com
https://tipalti.com/tipalti-names-manish-vrishaketu-coo-san-mateo-office/
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o Larkspur-Based Power Factors Acquires Canada's Ekhosoft
Larkspur, Calif. -- In a deal uniting two makers of clean energy software, Larkspur-based Power Factors, a developer of software used to monitor, manage and optimize renewable energy assets, said on Thursday it has acquired Canada's Ekhosoft, a developer of operational management software, from owner Bay4 Energy Services. Financial terms of the deal were not disclosed. "This acquisition gives us a deep development bench which will continue to innovate and push forward what we believe is already the most fully integrated and robust set of tools in the industry," said Steve Scales, the co-founder and executive vice president of Power Factors. "This acquisition is significant." With the acquisition, more than 20 GW of solar and wind projects will run on the combined company's software platforms going into 2017.
http://powerfactorscorp.com/
http://www.prnewswire.com/news-releases/power-factors-llc-acquires-ekhosoft----leading-software-developer-with-15gw-global-clean-energy-portfolio-300364728.html
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o Report: FTC Leary About Over-Regulating Sharing Economy
Washington, DC -- The Federal Trade Commission (FTC) said on Thursday it plans to be extremely careful not to over-regulate Internet and app-based "sharing economy" platforms, such as Uber and Airbnb. The report, released on Thursday, stresses that regulation should address particular problems, but avoid actions that "are likely to hinder competition and are either not necessary or broader than necessary." Some state and local regulators have expressed concerns that sharing economy platforms let new entrants evade regulations designed to protect consumers and promote public safety. The FTC, however, stressed there needs to be a balance. "It is important to allow competition and innovation to continue to flourish, while at the same time ensuring that consumers using these online and app-enabled platforms are adequately protected," said FTC Chairwoman Edith Ramirez.
https://www.ftc.gov/news-events/press-releases/2016/11/ftc-sharing-economy-report-explores-evolving-internet-app-based?utm_source=govdelivery
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o Briefly Noted:
(Fremont, Calif.) Fremont-based Asterias Biotherapeutics, a biotechnology company focused on the field of regenerative medicine, on Thursday named Ryan Chavez to the expanded role of chief financial officer (CFO). Chavez, who also will retain his role of general counsel, joined the company in July as its executive vice president of finance and general counsel.
http://asteriasbiotherapeutics.com/ryan-chavez-appointed-chief-financial-officer-of-asterias-biotherapeutics/
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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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