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BAY AREA TECH WIRE -- June 7, 2017
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Mid-Atlantic Marketing Summit - Baltimore - Sept 15 (Flash Sale)
http://www.mamsummit.com
o Sunnyvale-Based Illumio Raises $125 Million in Fourth Round
o San Francisco-Based Scout RFP Lands $15.5 Million in Second Round
o San Francisco-Based Autopilot Lands $12 Million in New Funding
o Apple Tops Local Companies on New Fortune 500 List
o Fremont-Based Synnex to Acquire Businesses from Datatec
> 13 Workplace Communication Tips Today's Young People Need to Know
o Briefly Noted: Freshdesk - Freshworks, TRUSTe - TrustArc,
Bessemer Venture Partners (BVP)
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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 Sunnyvale-Based Illumio Raises $125 Million in Fourth Round
Sunnyvale, Calif. -- Illumio, the Sunnyvale-based developer of a cybersecurity platform designed to control the lateral movement of unauthorized communications, said on Wednesday it has raised $125 million in its fourth round of funding, led by J.P. Morgan Asset Management. Previous backers Andreessen Horowitz, General Catalyst, 8VC, Accel and Data Collective also participated, increasing the company's total funding to $267 million. Illumio said it will use the latest proceeds to fuel its growth in data center and cloud security, significantly expanding its global field sales, marketing and customer support operations, and bolstering product development. The company's adaptive segmentation technology is used by clients such as Morgan Stanley, Plantronics, Salesforce, King Entertainment, NetSuite, Oak Hill Advisors, Workday and Creative Artists Agency. "Illumio is uniquely suited to address the needs of large and small organizations as they shift focus away from the perimeter and towards having complete visibility and control inside the data center and cloud compute environments," said co-founder and CEO Andrew Rubin.
http://www.illumio.com
https://www.illumio.com/news/press-releases/series-d-funding-to-accelerate-leadership-in-adaptive-segmentation
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o San Francisco-Based Scout RFP Lands $15.5 Million in Second Round
San Francisco -- Scout RFP, the San Francisco-based developer of a cloud-based sourcing platform designed to help clients streamline their bidding and purchasing process, said on Wednesday it has landed $15.5 million in its second round of funding, led by Menlo Ventures. New Enterprise Associates (NEA) also took part in the round, which increases the company's total backing to $27.25 million. Matt Murphy, managing director at Menlo Ventures, will join the company's board of directors. Scout said it will use the latest proceeds to expand engineering activities, extend its reach internationally and further develop its platform. The platform is designed to help companies streamline supplier selection, centralize data, collaborate cross-functionally, manage contracts and make more informed purchasing decisions. Customers using the platform include Adobe, CEMEX, easyJet, Owens Corning and Zappos.
https://www.scoutrfp.com/
http://www.businesswire.com/news/home/20170607005323/en
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o San Francisco-Based Autopilot Lands $12 Million in New Funding
San Francisco -- Autopilot, a San Francisco-based developer of visual marketing software, said it has raised $12 million in a new round of funding, led by Blackbird Ventures. The round, which increased the company's total backing to $32 million, also included participation from previous investors Rembrandt Venture Partners, Salesforce Ventures and Southern Cross Venture Partners. In addition, Autopilot said it has launched a new tool, Insights, which it describes as a "fitness tracker for journey marketers to set, track and measure goals." "With the launch of Insights and continued support from our investors, we're helping marketers move beyond batch and blast email," said co-founder and CEO Mike Sharkey. Founded in 2012, Autopilot serves more than 2,300 B2B and B2C customers, including Microsoft, Atlassian, Lyft, Freshdesk, Crunchbase and Laser Clinics Australia.
https://autopilothq.com/
https://autopilothq.com/press/autopilot-receives-12-million-investment-launches-insights.html
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o Apple Tops Local Companies on New Fortune 500 List
Cupertino, Calif. -- Apple remains at No. 3 in the newly released 2017 Fortune 500, an annual ranking of America's largest corporations, based on revenue. The Cupertino-based company, which first broke into the top five three years ago, was the highest-ranked technology company on the list. Wal-Mart Stores remained No. 1 overall, followed by Berkshire Hathaway. San Francisco-based McKesson also again made the top five, remaining at No. 5, while San Ramon-based Chevron fell five spots to No. 19. Other local companies in the top 100 include San Francisco-based Wells Fargo (No. 25), Mountain View-based Alphabet (No. 27), Santa Clara-based Intel (No. 47), Palo Alto-based HP Enterprise (No. 59), San Jose-based Cisco Systems (No. 60), Palo Alto-based HP (No. 61), Redwood City-based Oracle (No. 81) and Foster City-based Gilead Biosciences (No. 92) and Menlo Park-based Facebook (No. 98). The complete list is available at the link below.
http://fortune.com/video/2017/06/07/introducing-the-2017-fortune-500-list/
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o Fremont-Based Synnex to Acquire Businesses from Datatec
Fremont, Calif. -- Synnex, a Fremont-based provider of distribution, logistics and integration services to the technology industry, said it will acquire South Africa-based Datatec's Westcon-Comstor Americas business and become a minority shareholder in the company's Westcon EMEA and APAC businesses. Under the deal, Synnex will pay $600 million, including $500 million in stock and $100 million in cash, at closing, plus up to $200 million more in potential earn-outs. Westcon-Comstor is specializes in products and services in the security, unified communications and collaboration (UCC) and networking space. "We believe this is a unique opportunity that is transformational to Synnex and is aligned to our strategy of positioning the business to where technology is growing," said CEO Kevin Murai. The acquisition is expected to close by the end of September.
http://www.synnex.com
http://ir.synnex.com/releasedetail.cfm?ReleaseID=1029132
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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:
(San Bruno, Calif.) San Bruno-based Freshdesk, a seven-year-old developer of cloud-based customer service software, said it has launched Freshworks, a new umbrella brand that will bring together all of the company's business software products. The move follows the introduction of new products for IT service management (Freshservice), customer relationship management (Freshsales) and cloud-based call centers (Freshcaller). The company last fall raised $55 million in its sixth round of funding, led by new investor Sequoia Capital India.
http://www.freshworks.com
(San Francisco) San Francisco-based data privacy management company TRUSTe said on Wednesday it has changed its name to TrustArc. The company said the change reflects its evolution from a privacy certification company into a provider of technology-powered privacy compliance and risk management tools.
https://www.trustarc.com/press/truste-transforms-to-trustarc/
(Menlo Park, Calif.) Menlo Park-based venture capital firm Bessemer Venture Partners (BVP) said on Wednesday it has promoted Michael Segal to vice president. Segal, previously the founder and CEO of consumer IoT startup Skylight, will continue to work with partner Ethan Kurzweil to identify promising, early-stage startups in areas like developer platforms, consumer Internet and e-commerce.
https://www.bvp.com/
http://www.prnewswire.com/news-releases/bessemer-venture-partners-promotes-michael-segal-to-vice-president-300469989.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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