Automated posts from the Silicon Valley SF Bay Area Technology News Wire
Tuesday, February 28, 2017
Bay Area Tech Wire - Feb. 28
========================================== BAY AREA TECH WIRE -- Feb. 28, 2017 ========================================== Sponsor: Bluetooth World 2017, March 28-29, Santa Clara Convention Center https://bluetoothworldevent.com o San Francisco-Based Fortscale Security Raises $7 Million in New Funding o San Francisco-Based LocusLabs Lands $3.5 Million in First Round o Mountain View-Based Mozilla Acquires Pocket-Developer Read It Later o Redwood City-Based Equinix to Acquire Data Center Business in Zurich o San Jose-Based MapR Technologies Names Tom Fisher as CTO > Bluetooth World 2017, March 28-29, Santa Clara Convention Center o Briefly Noted: Juniper Networks, Square, Promapp Solutions, Shutterfly _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
o San Francisco-Based Fortscale Security Raises $7 Million in New Funding
San Francisco -- Fortscale Security, a San Francisco-based developer of machine learning-based user and entity behavior analytics, said on Tuesday it has raised $7 million in a new round of funding, co-led by Evolution Equity Partners and Valor Capital Group. Previous backers Intel Capital, Blumberg Capital, Swarth, CME ventures and UST Global also took part in the round, which increased the company's total funding to $23 million. Fortscale said it will use the latest proceeds to expand into the European and Latin American markets, while also bolstering its research and development operations and team located in Israel. Fortscale's platform is designed to uncover insider threats and reduce data breaches by automatically finding compromised credentials of employees and rogue users, while identifying real-time risk levels. http://www.fortscale.com http://www.businesswire.com/news/home/20170228005521/en/Fortscale-Secures-7-Million-Latest-Funding-Led _____________________________________________
o San Francisco-Based LocusLabs Lands $3.5 Million in First Round
San Francisco -- LocusLabs, the San Francisco-based developer of an indoor mapping and location platform for airports, said on Tuesday it has raised $3.5 million in its first round of funding from SITA and Acorn Pacific Ventures. With the proceeds, the company plans to take its technology into other large venues, as well as expand its team. Launched in 2015 by Campbell Kennedy, who previously led the startup that developed the original Google Street View technology, LocusLabs has developed a platform designed to help passengers use detailed 3D maps to better navigate more than 70 airports. The technology also is integrated into the mobile apps of American Airlines, United Airlines, Lufthansa, JetBlue, Delta and Dallas-Fort Worth Airport. LocusLabs uses depth cameras, lasers and other sensors to produce interior maps of buildings in a matter of days. "Airports are mini-cities where millions of people eat, shop and work, so there is a need to help passengers find what they are looking for," said Kennedy, the company's co-founder and CEO. "Traditional mapping platforms… do not address needs of everything going on inside venues and buildings. Indoor spaces are more about 'things' than places. LocusLabs brings indoor location down to the `things' level." http://locuslabs.com/ http://www.businesswire.com/news/home/20170228005660/en/LocusLabs-Raises-Series-Scale-Indoor-Street-View-Like _____________________________________________
o Mountain View-Based Mozilla Acquires Pocket-Developer Read It Later
Mountain View, Calif. -- Mozilla, the Mountain View-based developer of open source web applications, said it has acquired San Francisco-based Read It Later, the developer of Pocket, a tool that lets users save content on apps like Flipboard and Twitter for viewing later. Financial terms of the deal were not disclosed. Mozilla said the acquisition will grow its mobile presence and help accelerate its broader Context Graph initiative. The company plans to offer Pocket as a stand-alone product, alongside its core Firefox web browsers. "We believe that the discovery and accessibility of high quality web content is key to keeping the internet healthy by fighting against the rising tide of centralization and walled gardens," said CEO Chris Beard. The two companies had partnered over the past year, integrating Pocket into Firefox. Pocket will become a subsidiary of Mozilla, as well as part of the Mozilla open source project. http://www.mozilla.org http://www.getpocket.com http://www.businesswire.com/news/home/20170227006699/en/Mozilla-Buys-Pocket-Enhanced-Focus-Mobile-and%C2%A0Content _____________________________________________
o Redwood City-Based Equinix to Acquire Data Center Business in Zurich
Redwood City, Calif. -- Expanding its presence in Switzerland, Redwood City-based Equinix, an owner and operator of data centers, said on Tuesday it will pay less than $5 million to acquire ICT-Center Zurich's data center business. The deal is expected to close in early April. The company said the facility, which is adjacent to its two existing data centers in Zurich, will give it the ability to further expand in a key European market. The acquisition will add approximately 60 cabinets of sold capacity and a total colocation space of approximately 230 cabs. Equinix currently operates 150 data centers in 41 markets. http://www.equinix.com http://www.equinix.com/newsroom/press-releases/pr/123528/equinix-to-acquire-ict-center-zurich-s-data-center-business/ _____________________________________________
o San Jose-Based MapR Technologies Names Tom Fisher as CTO
San Jose, Calif. -- MapR Technologies, the San Jose-based developer of a converged data platform, on Tuesday named Tom Fisher as its chief technology officer (CTO). Fisher most recently was a senior executive in engineering and operations for more than five years with Oracle. and also served as the chief information officer (CIO) and vice president of cloud computing at SuccessFactors, now SAP. "Tom's background with eBay, SuccessFactors, Qualcomm and Oracle provide a deep, diverse technology and customer foundation for helping drive our agenda," said CEO Matt Mills. http://www.mapr.com https://www.mapr.com/company/press-releases/mapr-names-software-and-cloud-veteran-tom-fisher-chief-technology-officer _____________________________________________ ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bluetooth World 2017, 28-29 March, Santa Clara Convention Center
Join us to get inspired and discover the future of connectivity and IoT.
There's nothing more inspirational than seeing, playing and experiencing amazing IoT gadgets that have successfully gone to market and made it big.
Entry is FREE and you will be able to visit the various zones including Automotive, Audio, Smart Home and Health & Fitness, test your innovations at the Testing Stations and meet a range of suppliers.
For just $50 you also have access to a wide range of developer sessions as well as hear from inspirational keynotes from big brands including Garmin, Google, Zipcar and Plantronics.
(Sunnyvale, Calif.) Sunnyvale-based networking equipment giant Juniper Networks said on Tuesday it has hired David Mihelcic to work in an unspecified role within its federal division. Mihelcic is the former chief technology officer (CTO) of the Defense Information Systems Agency (DISA), retiring from that role earlier this month. Earlier, he headed the network security section of the U.S. Naval Research Laboratory and worked as a senior consultant with SRI Consulting. http://newsroom.juniper.net/
(San Francisco) San Francisco-based Square, a developer of mobile payments technology, said it plans to raise $350 million through an offering of convertible senior notes due in 2022. In connection with the deal, the company said it expects to enter into privately negotiated convertible note hedge transactions with one or more of the initial purchasers or other financial institutions. https://squareup.com/about/investors/press/1abe1ed9-7b13-42ee-880b-a620a9276b87
(Redwood City, Calif.) Redwood City-based Shutterfly, a manufacturer and online retailer of personalized photo products and services, on Tuesday named Michele Anderson as its senior vice president of retail. Anderson most recently served as the chief operating officer (COO) and managing director of specialist advisory firm Activate. http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=1014904
=================================================== Job/Event/Services Listings: =================================================== To Post in Job/Event/Marketplace: http://www.bayareatechwire.com 7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300
> Bluetooth World 2017, 28-29 March, Santa Clara Convention Center
Join us to get inspired and discover the future of connectivity and IoT. There's nothing more inspirational than seeing, playing and experiencing amazing IoT gadgets that have successfully gone to market and made it big. Entry is FREE and you will be able to visit the various zones including Automotive, Audio, Smart Home and Health & Fitness, test your innovations at the Testing Stations and meet a range of suppliers. For just $50 you also have access to a wide range of developer sessions as well as hear from inspirational keynotes from big brands including Garmin, Google, Zipcar and Plantronics. Register for FREE entry or purchase an 'Access all areas pass' for just $50! For more information: https://bluetoothworldevent.com _____________________________________________ > Private VC Event with 3Q Digital at Google San Francisco
When can three hours make you millions of dollars? When 3Q Digital and Google host you as part of an exclusive focus group of VCs to explain two things: what makes a start-up viable; and what digital tools they can and should use to recognize their potential. On Feb. 28, from 4-7 pm at Google's San Francisco office, join 3Q Digital CEO David Rodnitzky and select Google experts to hear how 3Q has grown some of the Bay Area's biggest companies (Eventbrite, GoPro, SurveyMonkey, Square, and more) from seed money to household brand -- and what those companies had in common at the beginning. You'll also learn why we've turned down partnerships with so many start-ups seeking digital marketing over the years, and you'll get a first-hand look at Google's most current suite of digital growth tools. The event is intimate (and so exclusive we're holding it in a secret room). If you'd like to claim your spot, please claim your spot here, https://3qdigital.com/private-vc-event-3q-digital-google-san-francisco/ _____________________________________________
> The Shifting Sands of Employee Motivation
The old "if-then motivators" of giving bonuses for the achievement of goals no longer work. Work has become too complex and is changing too rapidly for such simple formulas to be relevant and to motivate performance. Here, we summarize research on shifts in employee motivators. http://www.fairfaxcountyeda.org/bay-area-tech-wire _____________________________________________ > Director of the Department of Technology/Chief Information Officer
The City and County of San Francisco is conducting a national search for an engaging, customer-service driven executive to oversee the award-winning Department of Technology with over 220 employees and an annual operating budget of nearly $100 million. The Director of the Department of Technology/Chief Information Officer (Director of DT/CIO) is at-will management-level position reporting to the Mayor with functional reporting to the City Administrator. Interested candidates should apply by by submitting a compelling cover letter, comprehensive resume, and current salary to email@example.com. Confidential inquiries welcomed to Ms. Heather Renschler at (916) 630-4900. Detailed brochure available at www.ralphandersen.com. _____________________________________________ > Advertising on Bay Area Tech Wire
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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