Tuesday, December 13, 2016

Bay Area Tech Wire - Dec. 13

BAY AREA TECH WIRE -- Dec. 13, 2016
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o San Francisco-Based Inkling Lands $25 Million in Fifth Round of Funding
Menlo Park-Based Clear Labs Raises $13 Million in Second Round
Mountain View-Based Symantec Sues Zscaler for Patent Infringement
o Newark-Based Zephyr Names Robb Ellis as New CFO
Study: Nearly Half of Websites Are Vulnerable to Malware
o Briefly Noted: Theranos, Sysorex

> 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

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o San Francisco-Based Inkling Lands $25 Million in Fifth Round of Funding

San Francisco -- Inkling, the San Francisco-based developer of a mobile communication platform designed to let clients convey critical information to their workers in the field, said on Tuesday it has raised $25 million in its fifth round of funding, increasing the company's total backing to $95 million. Sapphire Ventures led the round, which also included participation from previous investors Sequoia Capital and Tenaya Capital. The company said it will use the latest proceeds to expand its product and sales efforts internationally. "Mobile devices are finally poised to change the work lives of tens of millions of deskless employees, so the opportunity is massive," said CEO Matt MacInnis. McDonald's, for example, recently rolled out Inkling to roughly 15,000 restaurants. Nino Marakovic, the CEO and managing director of Sapphire Ventures, has joined the company's board of directors.

o Menlo Park-Based Clear Labs Raises $13 Million in Second Round

Menlo Park, Calif. -- Clear Labs, the Menlo Park-based developer of a food analytics platform for retailers and manufacturers, said on Tuesday it has raised $13 million in its second round of funding, led by Wing VC. Google Ventures, Tencent, Khosla Ventures and Felicis Ventures also took part in the round, which the company will use to bolster its software offerings, build out its family of food tests and expand commercial operations. Clear Labs uses proprietary Next-Generation Sequencing (NGS) techniques to help clients ensure food safety and quality. The technology is designed to translate quantifiable molecular tests into actionable information for food brands. "This new funding will help us reach food companies on a global scale," said co-founder and CEO Sasan Amini. Clear Labs also announced that Michael Taylor, the former FDA Deputy Commissioner for Foods and Veterinary Medicine, has joined its board of directors.

o Mountain View-Based Symantec Sues Zscaler for Patent Infringement

Mountain View, Calif. -- Symantec, the Mountain View-based Internet security giant, said late Monday it has filed a patent infringement lawsuit against smaller San Jose-based-rival Zscaler. The suit, filed in the U.S. Federal District Court for the District of Delaware, alleged that Zscaler violated seven of the company's patents covering a variety of network security technologies, including web security, data loss prevention, threat prevention, access control and antivirus techniques. The company didn't say how much it is seeking in damages. "The lawsuit filed against Zscaler is intended to stop them from copying our pioneering technologies in network security," said Scott Taylor, Symantec's executive vice president, general counsel and secretary. Symantec said it has invested more than $10 billion in research and development since 2004, and currently owns over 2,000 patents.

o Newark-Based Zephyr Names Robb Ellis as New CFO

Newark, Calif. -- Zephyr, a Newark-based developer of enterprise test management software, on Tuesday named Robb Ellis as its new chief financial officer (CFO). Ellis most recently served as the CFO of Greenway Health and previously was managing director at Vista Equity Partners. He is the fifth executive hire this yea for a company that said it's been adding roughly 300 new customers a month.

o Study: Nearly Half of Websites Are Vulnerable to Malware

Menlo Park, Calif. -- Nearly half (46%) of the Internet's top 1 million websites are vulnerable to malware, according to a new study by Menlo Park-based Menlo Security. The company said the number is largely due to vulnerable software running on web servers and on underlying ad network domains. Of the 1 million sites, the company said that 355,804 were either running vulnerable software or accessing background domains running vulnerable software; 166,853 fell into known bad categories; and 31,938 experienced a recent security incident. Another key finding was that background requests sending content to web browsers outnumbered user requests by a ratio of 25:1. "Browsing the web is a leap into the unknown," said CTO Kowsik Guruswamy. "We already knew that ad networks present risk to the public and businesses, but the extreme levels reached in 2016, affecting 46% of the most visited websites, mean that enterprises must address the problem." The full report is available at the link below.

o Briefly Noted:

(Palo Alto, Calif.) Palo Alto-based health technology company Theranos has named John McChesney as its senior vice president of operations and Tali Mackay as its senior vice president of corporate communications and investor relations. The company also has promoted David Taylor to the role of general counsel. Background on each is available at the link below.

(Palo Alto, Calif.) Palo Alto-based Sysorex, a developer of big data analytics software, said it has entered into agreements with institutional investors to sell $2 million worth of stock in a registered direct offering. The company said it will sell 5 million shares for $0.40 each in the offering, which is expected to close on Dec. 15.

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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.


> 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.


> 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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