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BAY AREA TECH WIRE -- June 19, 2017
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Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire
o S.F.-Based Samba TV Lands $30 Million in Second Round of Funding
o San Francisco-Based Entelo Raises $20 Million in Third Round
o Mountain View-Based Unbxd Lands $12.5 Million in Third Round
o San Francisco-Based Alpine Investors Closes New $532 Million Fund
o San Francisco-Based Alight Raises $11 Million in First Round of Funding
> 13 Workplace Communication Tips Today's Young People Need to Know
o Briefly Noted: CEO Quest, EPIC Insurance Brokers and Consultants - After
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--13 Workplace Communication Tips Today's Young People Need to Know
--Mid-Atlantic Marketing Summit - Baltimore - Sept 15
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 S.F.-Based Samba TV Lands $30 Million in Second Round of Funding
San Francisco -- Samba TV, the San Francisco-based developer of a TV audience data platform, said on Monday it has raised $30 million in its second round of funding, led by Union Grove Venture Partners. Disney, Interpublic Group, MDC Ventures, Time Warner, A+E Networks, TGM, Draper Associates and Ambition VC also participated. The company said it will use the proceeds to expand internationally and launch a variety of products in the media and advertising industry. "We raised this growth round with a specific strategy to further expand the Samba TV Audience Platform to major media markets across the world and continue our trajectory of growth and rapid innovation," said co-founder and CEO Ashwin Navin. Samba's opt-in TV viewership technology is designed to help brands maximize cross-screen marketing performance through TV-synchronized digital ads and attribution models that chart the consumer's path to purchase.
http://www.samba.tv
http://www.businesswire.com/news/home/20170619005671/en/Samba-TV-Raises-30-Million-Growth-Capital
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o San Francisco-Based Entelo Raises $20 Million in Third Round
San Francisco -- Entelo, the San Francisco-based developer of a big data platform designed to help recruiters find, qualify and acquire talent, said it has raised $20 million in its third round of funding, led by U.S. Venture Partners. Previous backers Battery Ventures and Shasta Ventures, as well as new investor Correlation Ventures, also participated in the round, which the company will use to bolster its investment in artificial intelligence (AI) and accelerate hiring across all teams. "The impact of data-driven and data science-driven talent acquisition is going to be tremendous," said founder and CEO Jon Bischke. "This round enables us to accelerate product development that will underscore Entelo's position as the market leader in applying the latest technologies to the hiring process." More than 600 clients currently use Entelo's platform, including Capital One, Cisco, Facebook, GE, Genentech, Netflix, Northrop Grumman and Target.
http://www.entelo.com
https://www.entelo.com/series-c-financing/
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o Mountain View-Based Unbxd Lands $12.5 Million in Third Round
Mountain View, Calif. -- Unbxd, the Mountain View-based developer of a product discovery platform for e-commerce, said on Monday it has landed $12.5 million in its third round of funding, led by Eight Roads Ventures, the investment arm of Fidelity International. Previous investors IDG Ventures, Inventus Capital Partners and Nirvana Ventures also took part in the round, which the company will use to bolster its AI-powered platform and open new offices closer to customers in Chicago and New York. Unbxd's core platform is designed to capture and process more than 50 shopper data signals, powering personalized search, navigation and product recommendations on e-commerce sites. The company said its technology helps retailers to capture the 15%-40% in revenue lost due to a poor product discovery experience. "Traditional rules-based e-commerce technology is hard for retailers to manage while also delivering a poor experience for their shoppers," said co-founder and CEO Pavan Sondur. "With a better AI solution in place, retailers are more competitive because shoppers can more easily buy what they seek." Customers include Ashley HomeStore, Express, FreshDirect, Rue21 and ibSupply.
http://unbxd.com/
http://unbxd.com/press/unbxd-series-c-funding
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o San Francisco-Based Alpine Investors Closes New $532 Million Fund
San Francisco -- Alpine Investors, a San Francisco based private equity firm specializing in lower middle market companies in software and business services, said it has raised $532 million for its sixth fund. The fund, Alpine Investors VI, officially launched at the end of last year, and includes investments from endowments, family offices, foundations, gatekeepers and pension plans. "Alpine's CEO-in-Residence strategy allows the firm to buy high quality businesses in need of institutional management, where competition is relatively scarce," said Jennifer Cho Rinehart, the CEO of Acalyx Advisors, which served as placement advisor. Alpine has made more than 50 investments since its founding in 2001.
http://alpine-investors.com/
http://www.businesswire.com/news/home/20170616005429/en/Alpine-Investors-VI-Closes-532-Million-Hard
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o San Francisco-Based Alight Raises $11 Million in First Round of Funding
San Francisco -- Alight, a San Francisco-based developer of industry-specific cloud forecasting applications, said on Monday it has landed $11 million in its first round of funding. Participants included Caterpillar Venture Capital and a consortium of Bay Area tech investors, led by Alight Chairman Steven Berger. The company said it will use the funds to expand its mining and mortgage industry verticals, as well as move into two new markets later this year. Alight's tools are designed to show the financial ripple effects of potential decisions across the enterprise. "Executives must harness huge amounts of data coming at them from all sides and seize opportunities in real-time," said CEO Michele McGovern. "Our industry-specific forecasting applications bring together the power of real-time, collaborative forecasting with robust scenario comparison and analysis."
http://www.alightinc.com
http://www.alightinc.com/news/alight-inc-announces-series-a-funding-round-of-11-million-including-strategic-investment-by-caterpillar-venture-capital-inc/
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> 13 Workplace Communication Tips Today's Young People Need to Know
Texting- and social media-obsessed Millennials aren't always prepared to navigate the business world, which primarily "runs" on email and face-to-face communication. Here, we share 13 dos and don'ts to help them communicate productively in the big leagues.
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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o Briefly Noted:
(San Jose, Calif.) San Jose-based CEO Quest, a Silicon Valley-based advisory group for tech CEOs, on Monday named Intel veteran Brent Gorda as its managing director. Gorda will coach startup CEOs who lead companies involved in big data, artificial intelligence, machine learning and high-performance computing. He previously served as the general manager of Intel's high-performance data division, and earlier was the founder and CEO of Whamcloud.
http://ceoquest.com/
http://www.prnewswire.com/news-releases/ceo-quest-appoints-brent-gorda-managing-director-300475407.html
(San Francisco) San Francisco-based EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, said on Monday it has acquired Connecticut-based product warranty analytics firm After. Financial terms of the deal were not disclosed. After's core offerings include warranty marketing, warranty analytics, warranty administration and a protection plan that includes data recovery services. EPIC said the acquisition will bolster its PowerGuard Specialty Insurance Services unit.
http://www.epicbrokers.com
http://www.prnewswire.com/news-releases/epic-acquires-product-warranty-analytics-specialist-after-inc-300475503.html
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> 13 Workplace Communication Tips Today's Young People Need to Know
Texting- and social media-obsessed Millennials aren't always prepared to navigate the business world, which primarily "runs" on email and face-to-face communication. Here, we share 13 dos and don'ts to help them communicate productively in the big leagues.
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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> Mid-Atlantic Marketing Summit - Baltimore - Sept. 15 (Flash Sale)
The Mid-Atlantic Marketing Summit: Baltimore will be held on Sept. 15 at Pier 5 Hotel in Baltimore. Now in its sixth year, the annual summit has become the "must-attend" marketing event for the Mid-Atlantic region and beyond. The summit brings together 300+ CMOs, Senior Marketers, Agency Professionals and Technology Executives from throughout the Mid-Atlantic area. The event features dozens of case studies, keynotes, and presentations on the most important issues facing marketers in 2018.
http://mamsummit.com/
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