Thursday, March 30, 2017

Bay Area Tech Wire -- March 30

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BAY AREA TECH WIRE -- March 30, 2017
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Mid-Atlantic Marketing Summit (April 21st) - Speakers & Agenda Released
http://mamsummit.com/agenda/

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San Francisco-Based MapD Technologies Raises $25 Million in Second Round
o Extreme Networks to Acquire Brocade's Data Center Networking Business
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AT&T to Build Long-Needed Wireless Network for First Responders
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Survey: More Than 80% of Experts Expect Poor Online Behavior to Get Worse
o Briefly Noted:
Thumbtack, Silicon Valley Insurance Accelerator
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--The Shifting Sands of Employee Motivation
--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 MapD Technologies Raises $25 Million in Second Round

San Francisco -- MapD Technologies, the San Francisco-based developer of a platform designed to let users interactively explore massive data sets, said it has raised $25 million in its second round of funding, led by New Enterprise Associates (NEA). Previous backers NVIDIA, Vanedge Capital and Verizon Ventures also participated. The company said its platform utilizes the processing power of graphics processing units (GPUs), which are increasing being used to power enterprise applications like machine learning, numerical computation and data analytics. "This investment will enable us to advance our vision of making GPU analytics a dominant technology in the enterprise," said co-founder and CEO Todd Mostak. The company plans to use the funds to accelerate the development of its technology and increase customer adoption. Its platform is currently used by customers across the advertising, energy, financial services, government, retail, social media and telecom sectors. The news comes a year after MapD announced its first round of funding, which included participation from In-Q-Tel, a venture fund backed by the CIA.
https://www.mapd.com/ 
http://www.prnewswire.com/news-releases/mapd-technologies-secures-25m-series-b-funding-from-investors-including-nea-and-nvidia-to-advance-gpu-analytics-300430927.html 
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o Extreme Networks to Acquire Brocade's Data Center Networking Business

San Jose, Calif. -- Extreme Networks, a San Jose-based developer of software-driven networking tools, said it will pay $55 million in cash to acquire the data center switching, routing and analytics business of Brocade Communications Systems, the San Jose-based developer of data and storage networking products. The deal is expected to close by the end of September, within 60 days of Broadcom's pending acquisition of Brocade. It includes $35 million at closing and $20 million in deferred payments, as well as additional potential performance-based payments over a five-year term. "The addition of Brocade's data center networking business significantly strengthens our position in the expanding high-end data center market and reinforces our strategy of delivering software-driven networking solutions focused on enterprise customers," said Ed Meyercord, the president and CEO of Extreme. The company said it expects to generate more than $230 million in annual revenue from the acquired assets. Extreme has been on a buying spree in recent months, acquiring the wireless LAN business of Zebra Technology in October and announcing a deal for the networking business of Avaya earlier this month.
http://www.extremenetworks.com/ 
http://investor.extremenetworks.com/releasedetail.cfm?ReleaseID=1019294  
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o
AT&T to Build Long-Needed Wireless Network for First Responders

Washington, DC -- In a long-awaited move to improve the communication of police, fire and emergency medical personnel, the Department of Commerce on Thursday tabbed AT&T to build the first nationwide wireless broadband network dedicated to first responders. The high-speed network will aim to eliminate communications barriers between departments and jurisdictions, which have run into problems with overloaded and inaccessible networks during large-scale emergencies. It also will bring to fruition a key recommendation made by the 9/11 Commission more than 12 years ago. Under the deal, the department's First Responder Network Authority (FirstNet) will provide 20 MHz of telecom spectrum for the network, investing $6.5 billion -- raised from previous FCC spectrum auctions -- over the next five years to support its buildout. AT&T also will spend about $40 billion to build, operate and maintain the network over the next 25 years, and connect FirstNet users to its network assets. "Today is a landmark day for public safety across the nation," said Commerce Secretary Wilbur Ross. "FirstNet is a critical infrastructure project that will give our first responders the communications tools they need to keep America safe and secure."
http://firstnet.gov
https://www.commerce.gov/news/press-releases/2017/03/firstnet-partners-att-build-465-billion-wireless-broadband-network 

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o Survey: More Than 80% of Experts Expect Poor Online Behavior to Get Worse

Washington, DC -- Uncivil acts and manipulative behaviors online will continue and possibly expand over the next decade, according to a new survey of more than 1,500 technologists, futurists and scholars by Pew Research Center and Elon University's Imagining the Internet Center. More than 80% of the experts said they expect the tone of online discourse to stay the same or get worse between now and 2026. "The vast majority of these experts believe the online environment will continue to be shaped by trolling and other anti-social behaviors and struggles over phony or semi-phony information sometimes presented in `weaponized' forms," said Lee Rainie, Pew's director of Internet, science and technology research. "They predict that human and technological fixes will be implemented, but that an arms race with bad actors will persist that could fundamentally hurt the open internet that many of these experts helped create." The full report is available at the link below.
http://www.pewinternet.org/2017/03/29/the-future-of-free-speech-trolls-anonymity-and-fake-news-online/?utm_source=adaptivemailer&utm_medium=email&utm_campaign=3-29-17%20social%20climate&org=982&lvl=100&ite=891&lea=190814&ctr=0&par=1&trk=  
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o Briefly Noted:

(San Francisco) San Francisco-based Thumbtack, developer of a local services marketplace that connects customers with skilled professionals, on Thursday named Justin Angsuwat as its vice president of people. Angsuwat previously was a member of Google's people operations leadership team, most recently as the head of human resources for the company's go-to-market functions.
https://www.thumbtack.com/ 
http://www.businesswire.com/news/home/20170330005256/en/Thumbtack-Names-Google-Human-Resources-Leader-Vice

(San Mateo, Calif.) The San Mateo-based Silicon Valley Insurance Accelerator (SVIA), a provider of programs and events designed to help insurance companies and startups develop technology products, said it has launched its InsurTech Innovation Lab, a research, design and development center. The lab, available through SVIA's membership program, provides concept development and validation, design, development, hosting and outsourced business processes. It also plans to host "innovation bootcamps" throughout the year.
http://sviaccelerator.com
http://www.businesswire.com/news/home/20170330005317/en/Silicon-Valley-Insurance-Accelerator-Launches-InsurTech-Innovation 

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Job/Event/Services Listings:
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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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