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BAY AREA TECH WIRE -- June 6, 2017
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Mid-Atlantic Marketing Summit - Baltimore - Sept 15 (Flash Sale)
http://www.mamsummit.com
o Los Altos-Based Netskope Raises $100 Million in Fifth Round
o Palo Alto-Based Plume Design Secures $37.5 Million in Funding
o Palo Alto-Based Armis Launches from Stealth After Raising $17 Million
o San Francisco-Based The RealReal Lands $50 Million Investment
o San Francisco-Based Savonix Raises $5.1 Million in First Round
o San Jose-Based Harmonic Names Sanjay Kalra as New CFO
> 13 Workplace Communication Tips Today's Young People Need to Know
o Briefly Noted: Shopkick, Rambus, Remediant
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--13 Workplace Communication Tips Today's Young People Need to Know
--Mid-Atlantic Marketing Summit - Baltimore - Sept 15
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o Los Altos-Based Netskope Raises $100 Million in Fifth Round
Los Altos, Calif. -- Netskope, the Los Altos-based developer of a cloud security platform, said on Tuesday it has raised $100 million in its fifth round of funding, co-led by Lightspeed Venture Partners and Accel. Social Capital and Iconiq Capital also participated, along with new investors Sapphire Ventures and Geodesic Capital. The company, which now has raised $231.4 million since its inception, said it will use the funds to fuel the further development and commercialization of its enterprise cloud security platform, designed to provide context-aware governance of all cloud usage in the enterprise in real-time, whether accessed from the corporate network, remotely or from a mobile device. "When we founded Netskope, we knew that the far-reaching impact of the cloud would require a fundamentally new approach to security," said founder and CEO Sanjay Beri. "Today's investment gives us the fuel we need to make that vision a reality."
https://www.netskope.com/
https://resources.netskope.com/h/i/347151501-netskope-investors-double-down-on-a-cloud-security-platform-for-the-enterprise
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o Palo Alto-Based Plume Design Secures $37.5 Million in Funding
Palo Alto, Calif. -- Plume Design, the Palo Alto-based developer of a self-optimizing WiFi system designed to dynamically adapt to changing network loads and interference, said on Tuesday it has secured $37.5 million in a new round of funding. New investors Comcast Cable, Samsung Venture Investment and Presidio Ventures joined previous backers Liberty Global, Shaw Cable and Jackson Square Ventures in the round, which increased the company's total funding to more than $63 million. Plume said it will use the proceeds to accelerate the deployment and integration of the company's Adaptive WiFi -- which makes decisions in real-time on WiFi channel, frequency, client connections and whole-home coverage topology -- in Internet Service Provider (ISP) networks and third party hardware. Comcast currently is working with Plume to combine the company's technologies with its recently launched Xfinity xFi platform. Plume also said it plans to launch new products and expand in both Silicon Valley and Europe. Tyson Marian, Comcast's vice president of strategic development, has joined the company's board of directors.
http://www.plumewifi.com
http://www.prnewswire.com/news-releases/plume-secures-375-million-funding-led-by-comcast-to-accelerate-adaptive-wifi-deployments-300469286.html
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o Palo Alto-Based Armis Launches from Stealth After Raising $17 Million
Palo Alto, Calif. -- Armis, the Palo Alto-based developer of an enterprise Internet-of-Things (IoT) security platform, said on Tuesday it has launched out of stealth after raising $17 million in funding in a round co-led by Sequoia Capital and Tenaya Capital. Other investors included Zohar Zisapel, the founder and chairman of RAD Technologies; René Bonvanie, the chief marketing officer (CMO) of Palo Alto Networks; and Mickey Boodaei, the founder of Imperva and Trusteer. Armis's agentless IoT security platform is designed to let enterprises see and control compromised and unmanaged devices and rogue networks accessing their systems. "The fact is you cannot put an agent on most of the devices in an organization today, which means we need a new approach," said co-founder and CEO Yevgeny Dibrov. "We built Armis to give enterprises complete visibility into all devices in their environment without requiring an agent. We can stop devices from compromising corporate assets, regardless of whether those devices are managed by IT." Dibrov previously served on the executive team at Adallom, which was acquired by Microsoft in 2015. He also served with co-founder and CTO Nadir Izrael in the Israeli Defense Forces.
http://www.armis.com
https://www.armis.com/armis-june-2017-announcement/
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o San Francisco-Based The RealReal Lands $50 Million Investment
San Francisco -- The RealReal, the San Francisco-based developer of an online marketplace for pre-owned authenticated luxury items, said on Tuesday it has landed a new $50 million investment from private equity firm Great Hill Partners, increasing its total funding to $173 million. Michael Kumin, managing partner of Great Hill, will join the company's board of directors. The RealReal said it will use the proceeds to continue expanding its operations, including its consignment offices and retail concepts. "This incremental capital will be instrumental in supporting the business and our continuous growth," said founder and CEO Julie Wainwright. Founded in 2011, The RealReal has served 5 million buyers and consignors with 4 million items sold across all luxury categories. This year alone, the company expects to pay consignors nearly $300 million from the resale of their items, including apparel, jewelry, watches, fine art and home decor.
https://www.therealreal.com/
http://www.prnewswire.com/news-releases/the-realreal-closes-50-million-growth-equity-financing-to-continue-fueling-company-growth-and-expansion-300469098.html
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o San Francisco-Based Savonix Raises $5.1 Million in First Round
San Francisco -- Savonix, the San Francisco-based developer of a mobile platform designed to assess a patient's cognitive health, said on Tuesday it has raised $5.1 million in its first round of funding, led by DigiTx Partners. Rethink Impact also took part, increasing the company's total backing to $6.6 million. Savonix said it will use the proceeds to expand to international markets, including Japan and China, as well as develop additional partnerships with medical organizations and bolster its data science and product team. The company's flagship mobile platform, Savonix Mobile, is designed to let clinicians assess and track a patient's cognitive health, then use that data to build treatment plans based on an individual's specific needs. "We designed Savonix to eliminate the high cost and time investments of traditional cognitive tests," said founder and CEO Mylea Charvat. Cognitive tests are a proven predictor of outcomes in disorders as varied as chronic pain, Alzheimer's Disease, depression, Diabetes, ADHD and Chronic Obstructive Pulmonary Disease (COPD). David Kim, the CEO at DigiTx Partners, and Heidi Patel, partner at Rethink Impact, will join the company's board of directors.
http://www.savonix.com
http://www.marketwired.com/press-release/savonix-raises-51-million-modernize-neurocognitive-testing-transform-patient-care-2220287.htm
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o San Jose-Based Harmonic Names Sanjay Kalra as New CFO
San Jose, Calif. -- Harmonic, a San Jose-based developer of video delivery infrastructure, said on Tuesday it has promoted Sanjay Kalra to the role of chief financial officer (CFO). Kalra, previously the company's corporate controller and chief accounting officer, succeeds Harold Covert, who has stepped down to spend more time with his family on the East Coast. Kalra earlier served as the corporate controller of TiVo, Model N and Silicon Image.
https://www.harmonicinc.com
https://www.harmonicinc.com/news-events/press-releases/read/harmonic-appoints-sanjay-kalra-chief-financial-officer/
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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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o Briefly Noted:
(Redwood City, Calif.) Redwood City-based Shopkick, developer of a shopping rewards app designed to drive in-store purchases, on Tuesday named Jim Clark as its senior vice president of sales, based in New York. Clark previously held senior roles at Tapad, Turn and Yahoo, as well as sales positions at 24/7 Real Media, SunGard Financial Systems and News Alert.
https://www.shopkick.com/
http://www.businesswire.com/news/home/20170606005173/en/Seasoned-Ad-Exec-Joins-Shopkick-Senior-Vice
(Sunnyvale, Calif.) Sunnyvale-based Rambus, the developer of chips, IP cores and architecture, has named Emiko Higashi to its board of directors. Higashi is the founder and managing director of Tomon Partners, a strategy and mergers and acquisitions (M&A) advisory firm based in San Francisco.
https://www.rambus.com/rambus-appoints-emiko-higashi-to-its-board-of-directors/
(San Francisco) San Francisco-based Remediant, a cybersecurity startup focused on protecting administrator accounts and privileged access, on Tuesday named JD Sherry as its chief revenue officer. Sherry most recently served as the vice president and general manager of cloud security at Optiv Security, and previously was the CEO of cloud cybersecurity startup Cavirin.
http://www.remediant.com
http://www.prnewswire.com/news-releases/remediant-appoints-jd-sherry-as-chief-revenue-officer-300469115.html
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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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> 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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