Friday, May 26, 2017

Bay Area Tech Wire - May 26

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BAY AREA TECH WIRE -- May 26, 2017
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Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire

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San Francisco's G2 Crowd Raises $30 Million in Second Round
o San Mateo-Based Reali Raises $5 Million, Expands Throughout Bay Area
o CTA: U.S. Smartphone Ownership Jumped 6% in Past Year
o Report: Federal Agencies Well Behind on Data Center Consolidation Plan
o Surey: Most U.S. Employees Optimistic That Technology Will Help Aid Careers
> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
o Briefly Noted: McorpCX, Small Business Administration
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
--Baird Global Technology Investment Banking

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's G2 Crowd Raises $30 Million in Second Round

San Francisco -- G2 Crowd, developer of a B2B review platform with offices in San Francisco and Chicago, said it has raised $30 million in its second round of funding, led by Accel. LinkedIn, Pritzker Group Venture Capital, G2's founders and other industry executives also participated in the round, which the company will use to accelerate the build-out of its platform across B2B categories and to further grow its community of contributors. To date, G2 Crowd has amassed more than 170,000 verified-user reviews of business software and services, which are made available for free to nearly 1 million site visitors a month. The site includes more than 25,000 products in over 800 categories. "B2B buyers are increasingly looking for real-time insights from peers, and we see an incredible opportunity to double down on our innovation and review collation to provide unique buying insights across a broad range of business technology and related services," said co-founder and CEO Tim Handorf.
https://www.g2crowd.com/ 
https://www.g2crowd.com/press-release/accel-leads-30m-series-b-g2-crowd-accelerate-growth-market-leading-b2b-review-platform/
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o San Mateo-Based Reali Raises $5 Million, Expands Throughout Bay Area

San Mateo, Calif. -- Reali, the San Mateo-based developer of a mobile real estate technology platform covering the buying, selling and home ownership experience, said it has raised $5 million in its first round of funding and expanded into all markets throughout the Bay Area. Signia Venture Partners led the round, which also included a group of prominent angel investors led by Warren Weiss. The company said it will use the proceeds to support technology development, brand marketing and market expansion. Reali also said it has launched an Android app, in addition to its existing iOS app. "We've experienced significant growth in a very short period of time and our scalable model is ready for new markets and platforms," said co-founder and CEO Amit Haller. "Reali's model has been particularly appealing to first time home buyers, and we're quickly gaining traction and repeat business from experienced homeowners." Ed Cluss, a partner at Signia Venture Partners, and Weiss have joined the company's board of directors. .
http://www.reali.com/
http://www.prnewswire.com/news-releases/reali-secures-funding-round--expands-in-sf-bay-area-to-provide-a-millennial-friendly-modern-real-estate-experience-300463521.html
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o CTA: U.S. Smartphone Ownership Jumped 6% in Past Year

Arlington, Va. -- Smartphones are now in 80% of U.S. homes -- a 6% increase from a year ago -- according to new research from the Consumer Technology Association (CTA). The organization also said that Americans now own 27 million more of the devices than they did just last year, with that trend expected to continue. "Three of the top five most frequently owned technology devices are products with screens -- televisions, smartphones and laptops -- and those numbers will continue to grow as one-third of consumers tell us they'll buy at least one smartphone in 2017, and one-fifth say they plan to buy a television or laptop in the coming year," said Steve Koenig, the CTA's senior director of market research. The complete report is available at the link below.
https://www.cta.tech/News/Press-Releases/2017/May/A-Smartphone-Surprise-U-S-Ownership-Hits-Record.aspx
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o Report: Federal Agencies Well Behind on Data Center Consolidation Plan

Washington, DC -- Just four federal agencies -- the departments of Commerce, Defense, Homeland Security and Treasury -- have accounted for about 90% of the government's $2.3 billion in data center consolidation savings since 2012, Nextgov reported, citing a report from the Government Accountability Office (GAO). Defense and Treasury, along with the Departments of Interior and Agriculture, also account for 84% of the roughly 4,400 data centers so far closed under the plan, the publication said. The majority of other agencies, however, have yet to make significant progress under the Data Center Optimization Initiative. As a result, the federal government estimates that it will save just $656 million between 2016-2018, or $3.3 billion less than estimated in late 2015. The full story is at the link below.
http://www.nextgov.com/cloud-computing/2017/05/gao-agencies-get-data-center-plan/138012/?oref=nextgov_today_nl
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o Survey: Most U.S. Employees Optimistic That Technology Will Help Aid Careers

Menlo Park, Calif. -- A new survey conducted by Harris Poll for venture capital firm IVP paints an optimistic picture of how U.S. employees view technology in their future careers. Over half of employed Americans (55%) say there will be significant technology improvements in the next five years to make them more productive in their job. And despite fears about technology automation threatening jobs, only 14% of employed Americans believe their job could be done by a machine within the next five years. In addition, roughly one in 10 people surveyed say they already use machine learning or artificial intelligence in their job. "This survey indicates most American employees feel optimistic that technology will help them in their jobs in the future," said Gina Bauman, IVP's senior vice president of marketing and investor relations. "In particular, most U.S. employees think technology-related skills will improve their future career prospects, and many are hungry for employers to provide training so they can use new technologies in their jobs." Complete details of the survey, which included responses from more than 1,100 employed U.S. adults, are at the link below.
https://www.ivp.com/news/press-release/new-ivp-survey-finds-majority-of-employed-americans-say-there-will-be-future-technology-improvements-in-next-five-years-to-make-them-more-productive-in-their-jobs/
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> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."

http://www.fairfaxcountyeda.org/bay-area-tech-wire


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o Briefly Noted:

(San Francisco) San Francisco-based McorpCX, a provider of customer experience technology and services, has named Chris Beltgens to its board of directors. Beltgens currently serves as the vice president of corporate development at TAG Oil, and previously held roles at GMP Securities Europe, Macquarie Group and Tristone Capital.
http://www.mcorpcx.com/ 
http://www.prnewswire.com/news-releases/mcorpcx-appoints-new-director-to-its-board-of-directors-624493143.html

(Washington, DC) The Small Business Administration (SBA) said on Friday it has partnered with Synergy Solutions to launch a free series of web-based cybersecurity training sessions. The classes are first come, first serve and will accommodate no more than 50 participants at a time. They will aim to educate eligible small businesses about cybersecurity and steps they can take to protect their company's assets and intellectual property. Complete details are at the link below.
https://synergysolutions.talentlms.com/

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Job/Event/Services Listings:
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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

> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."
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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