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BAY AREA TECH WIRE -- June 29, 2017
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Inbox Summit East - Washington, D.C. - Sept. 29 (Super Early-Bird Rate Available)
http://www.inboxsummiteast.com
o San Francisco-Based Kinetica Raises $50 Million in First Round
o S.F.-Based Swift Navigation Raises $34 Million in Second Round
o San Francisco-Based Cabin Raises $3.3 Million for "Moving Hotel"
o Palo Alto-Based Denodo Lands Major Investment from HGGC
o Report: Global IPO Market Off to Strong Start in '17
> Inbox Summit East - Washington, D.C. - Sept. 29
o Briefly Noted: Seagate Technology, Presto Engineering, PayPal
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Inbox Summit East - Sept. 29 - DC
--Senior Ruby Platform Engineer, Mountain View CA - $170k
--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 San Francisco-Based Kinetica Raises $50 Million in First Round
San Francisco -- Kinetica, the San Francisco-based developer of a GPU-accelerated relational database designed to run significantly faster than traditional databases, said on Thursday it has raised $50 million in its first round of funding, co-led by Canvas Ventures and Meritech Capital Partners. New investor Citi Ventures and previous investor Ray Lane of GreatPoint Ventures also participated. Gary Little, a partner at Canvas Ventures, and Paul Madera, a partner at Meritech Capital, have joined the company's board of directors. Kinetica, which now has raised $63 million since its inception, said it will use the latest proceeds to hire additional engineering, sales and marketing staff, as well as open new foreign offices. "Our goal is to extend the use of our product at Fortune 2000 companies and to other businesses that would like to glean real-time insights in the fastest possible way from the data sources they have today and any kind of data in the future -- including data generated from sensors in cars, appliances, banking systems, medical devices and data sources not yet imagined," said co-founder and CEO Amit Vij. Customers include GlaxoSmithKline, PG&E, the U.S. Postal Service and IronNet Cybersecurity.
http://www.kinetica.com
http://www.businesswire.com/news/home/20170629005279/en/Kinetica-Raises-50-Million-Series-Financing
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o S.F.-Based Swift Navigation Raises $34 Million in Second Round
San Francisco -- Swift Navigation, a San Francisco-based tech firm developing centimeter-accurate GPS technology for autonomous vehicles, said it has raised $34 million in its second round of funding, led by New Enterprise Associates (NEA). Previous backers Eclipse and First Round Capital also took part in the round, which increased the company's total funding to $47.6 million. Swift delivers GPS designed to be 100 times more accurate than the GPS found in typical phones. The company currently provides its technology to more than 2,000 customers, including those focused on autonomous vehicles, precision agriculture, unmanned aerial vehicles (UAVs), robotics, maritime, transportation/logistics and outdoor industrial applications. "We are encouraged by the tremendous market opportunity for precision navigation that is required by autonomous vehicles," said Timothy Harris, the company's co-founder and CEO.
https://www.swiftnav.com/
https://www.swiftnav.com/news/swift-navigation-raises-34-million-series-b-round-next-generation-high-accuracy-gps-autonomous
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o San Francisco-Based Cabin Raises $3.3 Million for "Moving Hotel"
San Francisco -- Cabin, a San Francisco-based hospitality transportation startup, said it has raised $3.3 million in seed funding and launched what it calls a "moving hotel." Founders Fund's FF Angel led the round, which included participation from SV Angel, Floodgate, Box Group, Brainchild Holdings, Justin Rosenstein, StartX, FJ Labs and 1517 Fund. Cabin operates a service that lets customers check into an amenity-laden private cabin, which is then driven to an arrival destination overnight. Guests check out in their arrival city at 7 a.m. The company, initially run as a pilot called SleepBus in early 2016, plans to use the funds to expand on a regional and national basis. The service currently only operates between San Francisco and Los Angeles, with prices starting at $115 each way. "By eliminating the travel time from traveling, Cabin is giving people the freedom to get where they need to be -- without having to spend their precious time in transit," said co-founder and CEO Tom Currier.
http://www.ridecabin.com
http://www.businesswire.com/news/home/20170628005929/en/Cabin-Raises-3-Million-Seed-Funding-Launches
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o Palo Alto-Based Denodo Lands Major Investment from HGGC
Palo Alto, Calif. -- Denodo, the Palo Alto-based developer of a technology platform for data integration and data services delivery, said it has landed an unspecified investment from middle-market private equity firm HGGC. Founder and CEO Angel Viña and the rest of the company's management team will retain a "significant" ownership stake in the business. "We have enjoyed tremendous success over the past 10 years… Now we have the right partner to continue on that course even faster," said Viña." The company's clients include Amgen, Asurion, Autodesk, Vodafone, Seagate, Sumitomo Mitsui Trust Bank and SwissRe. Denodo is the third announced investment from Palo Alto-based HGGC's $1.84 billion Fund III, as well as the firm's third technology platform investment this year.
http://www.denodo.com
http://www.hggc.com
http://www.denodo.com/en/press-releases/2017-06-28/hggc-makes-investment-data-virtualization-software-leader-denodo
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o Report: Global IPO Market Off to Strong Start in '17
London -- The global market for initial public offerings (IPOs) is off to one of its strongest starts in nearly a decade so far this year, according to a new report from EY. During the first six months of 2017, proceeds from the offerings rose 90% to $83.4 billion, with the number of IPOs also increasing by 70% (772), compared with the first half of last year. It marked the most active first half of a year by since the first half of 2007. The Asia-Pacific region led the global market in terms of volume and proceeds, accounting for 61% of IPOs and 44% of proceeds, with the Americas region accounting for 13% of IPOs. "The sentiment is strong for the second half of 2017," said Jackie Kelley, EY's Americas IPO markets leader. "More marquee company names have entered the filing process and first-day performances remain steady. This combination has been the catalyst for building a solid pipeline for the remainder of the year. While fiscal and policy regulation remains uncertain, the markets have been insulated to this and continue to experience low volatility."
http://www.ey.com/ipocenter
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> Inbox Summit East - Sept. 29 - Washington, DC
Inbox Summit East is a one-day conference that puts a spotlight on the latest and most effective techniques for email marketing. With dozens of panels, presentations and networking opportunities, the summit in Washington, D.C. will take a deep dive into current developments in email marketing and email strategy. Topics will include: Email Deliverability Issues, Current Email Metrics, Integrating Email With Social and Mobile Platforms, Email Content, List Building and Maintenance, Personalized and Customer Centric Email, and the Future of Email.
http://www.inboxsummiteast.com/
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o Briefly Noted:
(Cupertino, Calif.) Cupertino-based storage technology giant Seagate Technology on Thursday named Kate Schuelke as its senior vice president, chief legal officer and corporate secretary. She also will be responsible fore the company's global security and government relations teams Schuelke most recently served as the senior vice president, general counsel and secretary of Altera.
http://www.seagate.com/about-seagate/news/seagate-appoints-kate-schuelke-svp-chief-legal-officer-and-corporate-secretary-pr-master/
(San Jose, Calif.) San Jose-based Presto Engineering, a provider of outsourced operations to semiconductor and IoT device companies, has named Cedric Mayor as its chief operating officer (COO) and Martin Kingdon as its vice president of sales. Mayor previously served as the company's chief technology officer (CTO), while Kingdon was European sales director for the test and manufacturing services division of TT Electronics.
http://www.presto-eng.com
http://www.businesswire.com/news/home/20170628005454/en/Presto-Engineering-Announces-Management-Expansion
(San Jose, Calif.) San Jose-based online payments giant PayPal has named Ann Sarnoff to its board of directors. Sarnoff is the president of BBC Worldwide - Americas, and previously was the president of Dow Jones Ventures. She will serve on the board's audit, risk and compliance committee.
https://investor.paypal-corp.com/releasedetail.cfm?ReleaseID=1031669
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Job/Event/Services Listings:
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> Sr. Ruby Platform Engineer, Mountain View, CA - $170k
We're looking for a top caliber engineer with experience in building a data platform at internet scale. Our client's platform interacts with multitude of health/fitness devices and apps real time data streams. The ideal candidate will have top-notch skills, and preferably has experience working on early stage consumer service platforms. This is an opportunity to be part of a promising early stage startup in the exciting digital health/fitness space and to drive a new generation health/fitness platform architecture. If you've got the right skills and passion, we want you! What you'll be doing: Architecting, building, testing and refining new products and services throughout the backend platform stack, including cache, workflow, controller, and data. Evolving various stack components to scale and address new service requirements. Designing and developing REST API and integration points for various platform services. Brainstorming and prototyping new concepts and approaches fast. Turning prototypes into real things Qualifications: Worked on large scale SOA consumer systems. Fluency in Ruby and Ruby on Rails. Experience with designing REST based API's for consumer based services. At least 5 years of experience designing and building backend software platforms. Expert knowledge in optimization and scalability using various technologies. Experience with MySQL and MongoDB. Able to design and write well-structured, easily maintainable, well-documented code that balances beauty and pragmatism. Demonstrable track record building distributed, clustered, high-throughput applications. Talent and drive to build a winning product and platform. A team player in a flat-structured, highly collaborative agile environment is a must. Strong academic background, preferably in Computer Science If interested, please email resume to greg@chiefpeople.com.
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> Inbox Summit East - Sept. 29 - Washington, DC
Inbox Summit East is a one-day conference that puts a spotlight on the latest and most effective techniques for email marketing. With dozens of panels, presentations and networking opportunities, the summit in Washington, D.C. will take a deep dive into current developments in email marketing and email strategy. Topics will include: Email Deliverability Issues, Current Email Metrics, Integrating Email With Social and Mobile Platforms, Email Content, List Building and Maintenance, Personalized and Customer Centric Email, and the Future of Email.
http://www.inboxsummiteast.com/
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> Mid-Atlantic Marketing Summit - Baltimore - Sept. 15
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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