Friday, December 2, 2016

Bay Area Tech Wire - Dec. 2

BAY AREA TECH WIRE -- Dec. 2, 2016
Job of the Day: California-based Marketing Representative - Fairfax County EDA

o Menlo Park-Based Bullpen Capital Closes New $75 Million Fund
o Daly City-Based Genesys Completes Deal for Interactive Intelligence Group
Online Donations on "Giving Tuesday" Rise 20% Over 2015 Levels
o White House Releases Augmented Reality App for Smartphones
o Briefly Noted: Yes Health - Solera Health, A10 Networks - Silicon Valley Bank

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--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

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o Menlo Park-Based Bullpen Capital Closes New $75 Million Fund

Menlo Park, Calif. -- Bullpen Capital, a Menlo Park-based venture capital firm focused on tech startups between seed and Series A rounds, said on Friday it has closed a new $75 million investment fund, the third since its inception in 2010. The fund, known as Bullpen III, included participation from Greenspring Associates, Venture Investment Associates (VIA), Oberlin College and other institutional and individual investors. "Bullpen seeks out startups that have excellent early operating metrics but that are frequently overlooked by the rest of the venture ecosystem," said Paul Martino, a general partner. "Many Bullpen companies are in under-invested categories and geographies or have founders with unusual backgrounds." Bullpen has invested in more than 50 companies, including Fanduel, Ipsy, SpotHero, Namely, Classy and AirMap. 

o Daly City-Based Genesys Completes Deal for Interactive Intelligence Group

Daly City, Calif. -- Genesys, a Daly City-based developer of omnichannel customer experience and contact center software, said it has completed its $1.4 billion acquisition of Indianapolis-based counterpart Interactive Intelligence Group. The deal, which gave Interactive Intelligence shareholders $60.50 a share in cash, was first announced in August. Genesys now has counts more than 10,000 customers, supporting over 25 billion customer interactions a year. Paul Segre will continue to serve as CEO, and Genesys will maintain its headquarters in Daly City, as well as key offices in Indianapolis, Indiana and North Carolina. Interactive Intelligence has ceased to be a publicly traded company, and its stock will no longer trade on the Nasdaq. 

o Online Donations on "Giving Tuesday" Rise 20% Over 2015 Levels

Charleston, S.C. -- Online charitable donations on "Giving Tuesday" increased 20% over 2015 levels, according to Blackbaud, whose systems process a majority of online donations made in the U.S. The company said it processed more than $47.7 million from over 6,700 organizations that received at least one online donation on the day. "2016 is the biggest year yet for #GivingTuesday," said Steve MacLaughlin, Blackbaud's vice president of data and analytics. "As we predicted, the movement continues to drive year-over-year growth. The positive trends displayed in our data proves the strength of the holiday's message as more donors embrace the simplicity of using smartphone technology to contribute. About 22% of donations were made online and we expect that number to grow as time goes on." Since the inception of the one-day campaign in 2012, online giving has frown by 317%. 

o White House Releases Augmented Reality App for Smartphones

Washington, DC -- The White House has launched a new augmented reality app designed to let smartphone users learn about and explore 1600 Pennsylvania Ave. The "1600" app, available for Apple and Android devices, opens a virtual White House scene when users point their cameras at the front of a $1 bill. The interactive, 3D video, developed by the White House Historical Association and Nexus Studios, takes users through a year of events, from the annual Easter Egg Roll to a State Arrival Ceremony. It is available for free from the link below. 

o Briefly Noted:

(Mill Valley, Calif.) Mill Valley-based Yes Health, developer of an all-mobile program to prevent type 2 diabetes, said it has partnered with Arizona-based Solera Health, an integrator of chronic disease prevention and management technology. Under the deal, Yes Health will join Solera's integrated network of partners, giving more people access to the company's platform.
(San Jose, Calif.) San Jose-based A10 Networks, a developer of technology designed to help clients accelerate, optimize and secure their applications, said on Friday it has landed a new $25 million revolving credit line from Silicon Valley Bank. The company said the line will give it access to additional working capital when needed for general corporate purposes. 

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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 or contact Flor Morrobel at 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


> 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 For an introductory call, please contact Kevin at 703-794-1100 or

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