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BAY AREA TECH WIRE -- March 22, 2017
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To sponsor: www.bayareatechwire.com
o San Francisco-Based Casetext Raises $12 Million in Second Round
o Bay Area Investors Take Part in New $14 Million Round for Avere Systems
o Newark-Based Kaiam to Acquire U.K. Manufacturing Facility from CP
o Santa Clara-Based Intel to Provide Virtual Reality for NCAA Tournament
o Fremont Ranks No. 6 in SmartAsset's Best Cities for Women in Tech List
o Briefly Noted: Cint, Move Guides, Linden Lab
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Bluetooth World 2017, 28-29 March, Santa Clara Convention Center
--Job Listing: Director of the Department of Technology/Chief Information Officer
--Mid-Atlantic Marketing Summit - April 21 - DC
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 Francisco-Based Casetext Raises $12 Million in Second Round
San Francisco -- In one of the largest investments to date in the legal tech industry, San Francisco-based Casetext, a developer of artificial intelligence legal research technology for lawyers, said on Wednesday it has raised $12 million in its second round of funding. Canvas Ventures led the round, which also included participation from previous backers Union Square Ventures, 8VC and Red Sea Ventures. The company said it will use the proceeds to further develop its software platform expand its staff and bolster the capabilities of its CARA automated research assistant for lawyers. "As technology has become more ubiquitous, we see lawyers facing conflicting pressures: to spend less time researching, but also to find every precedent that could help your client win," said founder and CEO Jake Heller. "CARA enables users to carry out the most comprehensive search of the law and uncover the highest quality information possible." Law firms such as Quinn Emanuel, Fenwick & West, DLA Piper, Ogletree Deakins and Greenberg Traurig all recently have partnered with the firm to use the technology.
http://www.casetext.com
http://www.businesswire.com/news/home/20170322005380/en/AI-Based-Legal-Research-Firm-Casetext-Closes-12
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o Bay Area Investors Take Part in New $14 Million Round for Avere Systems
Pittsburgh -- Several Bay Area venture capital firms, including Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners and new investor Google, have taken part in a new $14 million funding round for Pittsburgh-based Avere Systems, a developer of data storage technology. Tenaya Capital and Western Digital Capital also participated in the company's fifth round, which increased its total funds raised to $97 million. Avere said it will use the proceeds to expand its hybrid cloud product offerings. The company's FXT Edge filer technology is designed to help clients integrate applications requiring file systems into the public cloud.
http://www.averesystems.com
http://www.averesystems.com/news-and-events/avere-systems-closes-14-million-series-e-to-expand-cloud-offerings
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o Newark-Based Kaiam to Acquire U.K. Manufacturing Facility from CP
Newark, Calif. -- Kaiam, a Newark-based maker of data center transceivers, said on Wednesday it will acquire the U.K. manufacturing facility of Compound Photonics (CP). As part of the deal, CP will invest in Kaiam to further develop the 300,000-square-foot facility. Kaiam said the large space will allow it to expand its datacom transceiver manufacturing capacity, while also giving it a cleanroom for processing III-V devices, including pHEMTs, HBTs, photodetectors and lasers. "This acquisition not only allows us to ramp product in the short term, but gives us access to advanced Integrated InP PICs at low cost that we will need in the long term," said CEO Bardia Pezeshki. Financial terms of the deal, expected to close in the next quarter, were not disclosed.
http://www.kaiam.com
http://www.businesswire.com/news/home/20170322005424/en/Kaiam-Intends-Expand-Manufacturing-Capacity-UK-Acquisition
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o Santa Clara-Based Intel to Provide Virtual Reality for NCAA Tournament
Santa Clara, Calif. -- Intel, the Santa Clara-based chipmaker, said it has signed a multi-year deal with Turner Sports, CBS Sports and the NCAA to become the official virtual reality (VR) provider of the NCAA Division I Men's Basketball Championship. The VR experience will be available through a new NCAA March Madness Live VR app, powered by Intel, available for download at the Oculus store. It will allow fans to purchase a premium ticket for a virtual courtside seat experience, where they'll have the option to control the viewing perspective or opt for a produced VR broadcast in their headset. The livestream technology will launch with the Sweet 16 and Elite 8 in San Jose.
https://newsroom.intel.com/news-releases/intel-turner-sports-cbs-ncaa-mens-basketball-championship/
http://www.ncaa.com/news/basketball-men/article/2017-03-20/ncaar-march-madnessr-livetm-vr-app-offer-enhanced-virtual
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o Fremont Ranks No. 6 in SmartAsset's Best Cities for Women in Tech List
Fremont, Calif. -- Buoyed by the nation's highest median annual salary for women in computer and math occupations, Fremont ranks No. 6 in SmartAsset's newly released list of the Best Cities for Women in Tech. Washington, DC tops the list, followed by Kansas City, Mo.; Baltimore; Indianapolis; and New Orleans. There are no other Bay Area cities among the top 15. Females in technology occupations in Fremont make a median salary of $68,180 (after housing costs), and the city has seen four-year tech employment growth of 28% for women, one of the nation's highest figures. Overall, however, women make up only 27% of mathand computer jobs in Fremont and on average earn 16% less than their male counterparts. Complete details and rankings Are available at the link below.
https://smartasset.com/mortgage/best-cities-women-in-tech-2017
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o Briefly Noted:
(San Francisco) Sweden-based Cint, a developer of software that lets users access online consumer panels, has named Michael Teng as vice president of partner solutions for its Data & Technology business unit. Teng, who will be based in San Francisco, most recently served as the vice president of global publisher services at YuMe, and previously spent six years leading partner teams at Yahoo.
https://www.cint.com
http://www.businesswire.com/news/home/20170321006095/en/Cint-Appoints-Michael-Teng-Vice-President-Partner
(San Francisco) Move Guides, a U.K.-based, developer of a platform designed to help companies move talent around the world for new jobs, relocations, projects and expatriate assignments, has named Todd Wilms as its vice president of marketing, based in San Francisco. Wilms most recently served as the vice president of corporate marketing at Verisign, and previously held corporate communications and digital marketing leadership positions at Neustar, SAP, IBM (formerly Emptoris) and PayPal.
https://www.moveguides.com/press/press-release-move-guides-appoints-todd-wilms-as-vice-president-of-marketing-to-support-continued-growth
(San Francisco) San Francisco-based Linden Lab, the creator of Second Life that currently is developing a new platform that lets users create, share and monetize their own social VR experiences, has named Bing Gordon to its board of directors. Gordon is the chief product officer of venture capital firm Kleiner Perkins Caulfield & Byers (KPCB).
https://www.lindenlab.com/
http://www.businesswire.com/news/home/20170321006163/en/Bing-Gordon-Joins-Linden-Lab-Board-Directors
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Job/Event/Services Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> 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
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> 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
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> 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 apply@ralphandersen.com. Confidential inquiries welcomed to Ms. Heather Renschler at (916) 630-4900. Detailed brochure available at www.ralphandersen.com.
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> 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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