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BAY AREA TECH WIRE -- April 13, 2017
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Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire
o San Francisco-Based PagerDuty Lands $43.8 Million in Third Round
o San Francisco's BestMile Raises Additional $2 Million in Seed Round
o San Francisco-Based Breakout Labs Invests in Four Deep Tech Startups
o California Ranks No. 8 on MoveHub's Best States for Women List
o Study: 89% of Top U.S. Advertisers Maintain Poorly Written Websites
> 8 Habits of Effective Critical Thinkers
o Briefly Noted: E8 Security, Centric Software
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Baird Global Technology Investment Banking
--8 Habits of Effective Critical Thinkers
--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 PagerDuty Lands $43.8 Million in Third Round
San Francisco -- PagerDuty, the San Francisco-based developer of a digital operations management platform for businesses, said on Thursday it has raised $43.8 million in its third round of funding, led by Accel. Previous backers Andreessen Horowitz, Bessemer Venture Partners, Baseline Ventures and Harrison Metal also took part. Jennifer Tejada, the CEO of PagerDuty, said her company will use the proceeds to bolster its "industry partnerships, continued product innovation and customer success." PagerDuty's platform is designed to provide developer and IT operations teams with insights that help manage incidents and improve customer experiences. The platform currently supports more than 8,700 organizations and nearly 200,000 users.
https://www.pagerduty.com/
https://www.pagerduty.com/newsroom/2017q1-company-momentum/
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o San Francisco's BestMile Raises Additional $2 Million in Seed Round
San Francisco -- BestMile, the Swiss developer of a fleet automation platform with U.S. headquarters in San Francisco, said on Thursday it has raised an additional $2 million in seed funding from Partech Venture, Serena Capital and Airbus Venture, closing the round at $5.5 million. The company said it will use the proceeds to accelerate the deployment of its platform internationally, as well as to bolster its technology, sales and marketing activities across Europe and the U.S. Reza Malekzadeh and Jean-Baptiste Dumont, general partners at Partech Venture and Serena Capital, respectively, will join the company's board of directors. BestMile also has named Zhao Lu as its chief technology officer (CTO). Lu previously led the development and deployment of Easy Taxi, a taxi platform available in 30 countries and used by more than 20 million people. BestMile's platform enables autonomous vehicles to work together as a fleet, while also helping mobility providers to operate autonomous mobility services.
https://bestmile.com/
https://bestmile.com/2017/04/13/bestmile-raises-2m-from-partech-ventures-serena-capital-and-airbus-ventures-company-also-appoints-a-new-chief-technology-officer/
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o San Francisco-Based Breakout Labs Invests in Four Deep Tech Startups
San Francisco -- Breakout Labs, the Thiel Foundation's seed-stage fund for deep technology companies, said on Thursday it has made four new investments, sinking an unspecified amount into New York-based Envisagenics, Boston-based Gel4Med, San Francisco-based LogicInk and Milpitas-based SciBac. Breakout provides up to $350,000 for companies to achieve specific milestones critical to their development, as part of a larger two-year program. Envisagenics is a bioinformatics firm whose technology analyzes large amounts of transcriptomic data from patients to discover genes affected by errors in alternative splicing found in cancer and genetic diseases. Gel4Med is a regenerative medicine company engineering smart biomaterials to guide tissue regeneration. LogicInk makes electronics-free temporary tattoos that can transform their shape and color to convey specific health information about their user, and SciBac is a biotherapeutics firm targeting the growing problem of antibiotic resistant diseases while fortifying the microbiome in the gut, lungs and skin. The new awards bring the total number of companies backed by Breakout to 34 since the program's first investments in 2012.
http://www.breakoutlabs.org/
http://www.businesswire.com/news/home/20170413005325/en/Breakout-Labs-Funds-Companies-Forefront-Science-Medicine
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o California Ranks No. 8 on MoveHub's Best States for Women List
California ranks No. 8 on MoveHub's newly released list of The Best and Worst U.S. States for Women in 2017. The rankings consider data such as gender pay gap, political representation in the state legislature, equality in education, accessibility to health insurance, reproductive rights and the number of incidents of violence against women at the hands of men. Hawaii, Vermont, Minnesota, Illinois and Maryland top the rankings, which are available at the link below. Overall, the study found that states scoring poorly in terms of political representation also did badly on factors such as equal pay and women's reproductive rights, suggesting that the quality of women's lives is somewhat determined by inequality in government.
http://www.movehub.com/blog/the-best-and-worst-us-states-for-women-in-2017
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o Study: 89% of Top U.S. Advertisers Maintain Poorly Written Websites
Baltimore -- Eighty-nine percent of the top-spending U.S. advertisers fail to use clear, plain language on their websites, according to a new study by VisibleThread. The company analyzed websites operated by Advertising Age's top 200 national advertisers, based on 2016 ad spend, grading them for the readability of content, use of passive language, length of sentences and proportion of complex words relative to total word count. "A large percentage of advertising spend is designed to drive traffic to company websites that are poorly written," VisibleThread wrote. "Increasingly, the point-of-sale is through a company's website. Failure to use clear language that is readable will reduce potential lead capture, conversion and sales." Top overall scores went to Dish Network, Clorox, Mattel, Expedia and Home Depot. The complete list is available through the link below.
http://www.visiblethread.com/top-us-advertisers
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8 Habits of Effective Critical Thinkers
Critical thinking - the ability to make decisions, solve problems, and take appropriate action - has been identified as a key skill by educators, business leaders and governments. Here are eight ways to become a better critical thinker at work and in life.
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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o Briefly Noted:
(Redwood City, Calif.) Redwood City-based E8 Security, a developer of behavioral intelligence technology for cybersecurity, has named Madhukar Govindaraju as its senior vice president of engineering, a newly created role. Govindaraju most recently was at Microsoft, where he led and managed a product engineering organization that developed the company's AI machine learning data platforms and services.
http://e8security.com/pressrelease/madhukar-govindaraju/
(Campbell, Calif.) Campbell-based Centric Software, a developer of product lifecycle management technology, said on Thursday it has opened a new office in Hong Kong. The company said the new office, which compliments other recent office openings in Tokyo and Shanghai, is a result of its strong growth in the Asian market.
https://www.centricsoftware.com/centric-software-opens-new-office-hong-kong/
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Job/Event/Services Listings:
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> 8 Habits of Effective Critical Thinkers
Critical thinking - the ability to make decisions, solve problems, and take appropriate action - has been identified as a key skill by educators, business leaders and governments. Here are eight ways to become a better critical thinker at work and in life.
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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> Baird Commentary: How the IoT Revolution Is Driving Consolidation
In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation. Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space. Read Baird's insights into this rapidly evolving space and the related M&A activity: http://www.rwbaird.com/news/Unlocking-Intelligence
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