Monday, December 12, 2016

Bay Area Tech Wire - Dec. 12

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BAY AREA TECH WIRE -- Dec. 12, 2016
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To subscribe: www.bayareatechwire.com

o San Bruno-Based Dynamic Signal Raises $25 Million in Funding
o President-Elect Trump to Meet with Silicon Valley Tech Leaders
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Palo Alto-Based Solvvy Lands $4.5 Million in Seed Funding
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San Francisco-Based First Republic Bank Acquires Gradifi
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FTC Settles with Maker of Blood Pressure App Over Inaccurate Readings
o Briefly Noted: Gigaom - Startup Competition
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--Job Listing: California-based Marketing Representative - Fairfax County EDA
--Job Listing: Vice President Product Management - Los Angeles
--Proven, Cost-effective IN-MARKET Support for Federal Contractors

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 Bruno-Based Dynamic Signal Raises $25 Million in Funding

San Bruno, Calif. -- Dynamic Signal, the San Bruno-based developer of a company communications platform, said on Monday it has raised $25 million in a new round of funding. New investors Akkadian Ventures, Microsoft Ventures and Focus Ventures joined previous backers Trinity Ventures, Venrock, Rembrandt and Time Warner in the round, which increased the company's total funding to $68.3 million since its inception in 2010. Dynamic Signal said it will use the latest proceeds to expand its international operations and further strengthen its investments in engineering, sales, marketing, and customer success. "Organizations are recognizing the need to communicate with employees in a way that mirrors how we communicate in our everyday lives," said co-founder and CEO Russ Fradin. "Informed employees are more productive, engaged, and more likely to become advocates; profoundly impacting a company's top and bottom line." Clients use the company's platform to help launch, scale and measure their company communications in 21 countries. This news comes on the heels of Dynamic Signal's integrations with Facebook Messenger, Slack and Yammer.
http://www.dynamicsignal.com 
http://www.businesswire.com/news/home/20161212005299/en/Dynamic-Signal-Raises-25-Million-Organizations-Increase 
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o President-Elect Trump to Meet with Silicon Valley Tech Leaders

Washington, DC -- Trying to mend fences and build relationships with the technology community, President-elect Donald Trump has invited several of the nation's most powerful tech executives to meet with him in New York Wednesday, CNN reported. Those expected to attend include Apple CEO Tim Cook; Larry Page, the CEO of Google-parent Alphabet; Facebook COO Sheryl Sandberg, Microsoft CEO Satya Nadella; Intel CEO Brian Krzanich; Cisco CEO Chuck Robbins and Oracle co-CEO Safra Catz. CNN reported that billionaire tech investor Peter Thiel, one of the few Silicon Valley technology luminaries to support Trump, helped facilitate the meetings. A large number of top tech executives openly campaigned against Trump, clashing with the real estate mogul on issues such as immigration and net neutrality.
http://money.cnn.com/2016/12/11/technology/donald-trump-tech-meeting/ 
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o Palo Alto-Based Solvvy Lands $4.5 Million in Seed Funding

Palo Alto, Calif. -- Solvvy, a Palo Alto-based machine learning startup, said on Monday it has raised $4.5 million in a round of seed funding, led by True Ventures. Pear Ventures, Carnegie Mellon University, Signatures Capital, Investment Group of Santa Barbara and angel investors also participated. The company's core technology is a result of seven years of research conducted by co-founders Mehdi Samadi and Justin Betteridge, who met while pursuing PhDs in artificial intelligence at Carnegie Mellon University. "By combining advanced machine learning technology and natural language sciences, we make a true self-service platform instantly available for the enterprise," said Samadi. "Our algorithms learn from every successful interaction and deliver specific, pinpoint solutions to answer natural language inputs."
http://www.solvvy.com/ 
http://www.prnewswire.com/news-releases/solvvy-raises-45-million-to-bring-machine-learning-to-customer-support-300376571.html 
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o San Francisco-Based First Republic Bank Acquires Gradifi

San Francisco -- Months after becoming a client of the company, San Francisco-based First Republic Bank said on Monday it has acquired Boston-based Gradifi, developer of a student loan repayment technology platform. Financial terms of the deal were not disclosed. Gradifi will operate as a subsidiary of First Republic Bank, and founder Tim DeMello will remain CEO. Gradifi will remain headquartered in Boston and have employees based in New York, Los Angeles, Palo Alto and San Francisco. Gradifi has developed an online platform used by employers to make direct contributions to employees' student loans, reducing their overall repayment time and lowering the total cost of the loan. Earlier this year, First Republic implemented a student loan repayment assistance benefit for its employees, utilizing the Gradifi platform. Other clients include PricewaterhouseCoopers, Natixis Global Asset Management and Penguin Random House.
http://www.firstrepublic.com
https://www.gradifi.com/
http://www.businesswire.com/news/home/20161212005327/en/Republic-Bank-Acquires-Gradifi 
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o FTC Settles with Maker of Blood Pressure App Over Inaccurate Readings

Washington,. DC -- The Federal Trade Commission (FTC) said on Monday it has settled charges with the marketers of a mobile app designed to measure blood pressure. The FTC said that Irvine-based Aura Labs deceived consumers with claims that its Instant Blood Pressure (IBP) app was as accurate as a traditional blood pressure cuff, when in reality it was significantly less accurate. It also alleged that founder and co-owner Ryan Archdeacon rated the app as "five stars" in app stores without disclosing his connection to the company. "For someone with high blood pressure who relies on accurate readings, this deception can actually be hazardous," said Jessica Rich, director of the FTC's Bureau of Consumer Protection. "While the Commission encourages the development of new technologies, health-related claims should not go beyond the scientific evidence available to support them." Under the terms of the settlement, the company and Archdeacon are barred from making such unsupported claims in the future and must disclose any material connections between Aura and people who endorse its products. A judgment of $595.945 has been suspended, based on the defendants' inability to pay.
https://www.ftc.gov/news-events/press-releases/2016/12/marketers-blood-pressure-app-settle-ftc-charges-regarding?utm_source=govdelivery
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o Briefly Noted:

(San Francisco) San Francisco-based technology blog Gigaom said on Monday it will launch its first startup competition at a conference in San Francisco this February. The GAIN competition will search for the artificial intelligence (AI) start-up delivering the highest ROI to corporate customers. The competition is open to any AI start-up impacting corporate business functions, from sales and marketing to finance and HR. Details are at the link below.
https://docs.google.com/a/techwiremedia.com/forms/d/e/1FAIpQLSegZLayWr3Ij7KwBN-LkW3dzaHwDE5uwprrltVHzs0FMWwnng/viewform?c=0&w=1 

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Job/Event/Services Listings:
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> California-based Marketing Representative - Fairfax County EDA

The Fairfax County (Virginia) Economic Development Authority seeks a Los Angeles/Orange County-based marketing and business development representative. Responsibilities include promoting Fairfax County as a technology center to California companies considering expansion to the east coast. Fairfax County, home to approximately 9,000 technology companies is located just outside of Washington DC. For further details, visit the FCEDA web site at http://www.fairfaxcountyeda.org/about-fceda/contracting-opportunities or contact Flor Morrobel at fmorrobel@fceda.org Responses are due on December 30, 2016 by 2:00 p.m. ET. Proposals submitted via email and/or fax will not be considered. Qualified applicants will be interviewed in California the week of February 6, 2017.

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> Vice President Product Management

We are looking for a strong Vice President of Product Management who will play a major growth role for a nearly 1 BN dollar, high growth, publicly traded, online marketplace and information services company, one of the leading technology companies in the United States. This is our oldest commercial client, 11+ years, and we can provide exceptional insights into the company's culture, its people, and the opportunity. In addition to the tactical Product skill sets and experiences required below, this executive must offer significant experiences interacting with C-level leaders. He or she will play an instrumental role in defining and shaping the Product function across the company, working closely with both the Division President and the Corporate CEO, and interacting daily with multiple peers in different functional areas. The company continues to grow rapidly, both organically and through acquisition. This leader will have a history of scaling a world-class product capability and team. The role is headquartered in our client's beautiful Los Angeles office. Full relocation is offered. Benefits are comprehensive. Compensation ranges from 280k - 375k, plus upfront equity and annual equity grants. Candidates must have a history of job stability, have a strong educational background, and be a pleasure to work with. The pace is fast, the opportunity to make an impact is significant, the people are bright and motivated, politics are kept to a minimum; it's very much a meritocracy. For more information or to apply, contact  bill.hoffman@trustedforce.com.

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> Proven, Cost-effective IN-MARKET Support for Federal Contractors of all Sizes and Disciplines

KPYoung & Associates, Inc. provides proven, cost-effective support for Federal Contractors of all sizes and disciplines. Services include Growth Strategy; Marketing and Communications; Business Development; Capture Strategy / Proposal Response; and Business Management. Kevin Young is a long-time, Washington, DC-based resource as a Professional (IBM Federal, Unisys, SAIC); Management Consultant (Capgemini, CSC, Deloitte, Deltek, ITT, Leidos); Adjunct Professor (George Mason University's School of Business); and Thought Leader (Government Market Master™ Executive Education Program). Honors over 30-plus years include IBM Outstanding Achievement in Marketing Award, IBM Award of Excellence, and (as IBM site team) the Malcolm Baldrige National Quality Award. Federal clients and Contractor clients are available upon request; full credentials and references may be found via www.linkedin.com/in/kevinpyoung. For an introductory call, please contact Kevin at 703-794-1100 or kevinpyoung@earthlink.net.
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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/

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