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BAY AREA TECH WIRE -- July 26, 2017
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Inbox Summit East - Sept. 29 - DC
http://www.inboxsummiteast.com/
o San Francisco-Based August Home Lands $25 Million in Third Round
o San Francisco-Based Node Emerges from Stealth After Raising $16.3 Million
o Fremont-Based Corsair to be Acquired by EagleTree Capital, Management
o San Francisco-Based GearLaunch Lands $4.8 Million in First Round
o Redwood City-Based Arrayent Acquired by Prodea Systems
> Inbox Summit East - Sept. 29 - DC
o Briefly Noted: EasilyDo - Edison Software, MegaPath, Sprint
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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 August Home Lands $25 Million in Third Round
San Francisco -- August Home, a San Francisco-based provider of smart locks and smart home access products and services, said on Wednesday it has raised $25 million in its third round of funding. Previous backers Bessemer Venture Partners, Comcast Ventures, Maveron and Qualcomm Ventures, and new investors including AGL, Liberty Mutual and European private equity fund SPDG also participated. The company now has raised $75 million since its inception, and plans to use its latest round to expand operations and bolster its products and services. "This investment will allow us to capitalize on the opportunity ahead of us -- to bring quality products and secure in-home delivery to the masses," said CEO Jason Johnson. August focuses on two main areas -- smartphone-controlled door locks and home access services.
http://august.com/
http://august.com/wp-content/uploads/2016/10/Series-C-Funding-Release-July-26-2017-FIN.pdf (PDF)
http://www.businesswire.com/news/home/20170726005375/en/August-Home-Secures-25M-Series-Funding
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o San Francisco-Based Node Emerges from Stealth After Raising $16.3 Million
San Francisco -- Node, a San Francisco-based developer of artificial intelligence technology designed to help make sense of the relationships between people and companies on the web, said it has emerged from stealth after raising $16.3 million in funding. The funding included $10.8 million in the company's first round, led by Avalon Ventures. Previous backers Mark Cuban, New Enterprise Associates (NEA) and Canaan Partners also participated, along with new investors GREE, Industry Ventures and Michael Stark, the co-founder of Crosslink Ventures. Founded by Falon Fatemi, who at 19 became one of the youngest employees at Google, Node has developed a platform that automatically delivers relevant information about people and companies to help clients understand who they should engage with and why. "Search is great when you know what you're looking for, but what about the people and companies on the web you don't know you should be looking for," said Fatemi. "We're creating a new paradigm in how people and businesses build connections and realize new opportunities. Helping companies discover their next best customers is just the start." The company has been in stealth for the past 18 months, working clients such as BlueJeans Network, Periscope Data, Pagerduty and Outreach.io.
http://www.node.io
http://www.businesswire.com/news/home/20170725005420/en/Google%E2%80%99s-Youngest-Hires-Raises-16.3-Million-Investors
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o Fremont-Based Corsair to be Acquired by EagleTree Capital, Management
Fremont, Calif. -- Corsair, a Fremont-based developer of high-performance PC components and gaming peripherals, said on Wednesday that EagleTree Capital will team with current management to acquire a majority stake in the company from Francisco Partners and several minority shareholders. The deal, valued at $525 million, is expected to close in the next several months, with Corsair founder Andy Paul maintaining a sizable equity stake and continuing in his role as CEO. IMCO (Investment Management Corporation of Ontario) and the Honeywell pension also are co-investing alongside EagleTree. "EagleTree's backing will allow us to continue to focus first and foremost on our… customers and accelerate our investment in innovation and new technology and products," said Paul. Founded in 1994, Corsair has grown from a single performance memory product line into a provider of high performance branded computer products, including memory, components, peripherals and complete systems.
http://www.corsair.com
http://www.businesswire.com/news/home/20170726005391/en/EagleTree-Capital-Buys-Majority-Share-CORSAIR-Transaction
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o San Francisco-Based GearLaunch Lands $4.8 Million in First Round
San Francisco -- GearLaunch, the San Francisco-based developer of a platform designed to help independent online merchants scale their businesses, said on Wednesday it has landed $4.8 million in its first round of funding, led by Hunt Technology Ventures. The four-year-old company did not disclosed its plans for the proceeds. GearLaunch provides tools to create online storefronts, as well as back office support and logistics, such as production, shipping and customer service. The company said its model allows customers to grow independently of the online shopping malls, and scale their businesses without hiring teams or sinking money into inventory. "GearLaunch's mission is to enable merchant growth and independence around the world, empowering all independent Internet retailers with cutting-edge tools that help them operate their businesses with increased efficiency, productivity and profitability," said founder and CEO Thatcher Spring. The company said its clients generated more than $90 million in sales last year and have sold 4.5 million products to date.
http://www.gearlaunch.com
http://www.businesswire.com/news/home/20170726005288/en/E-Commerce-Innovator-GearLaunch-Lands-4.8-million-Series
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o Redwood City-Based Arrayent Acquired by Prodea Systems
Redwood City, Calif. -- Arrayent, the Redwood City-based developer of an Internet-of-Things (IoT) platform for consumer product brands, said on Wednesday it has been acquired by Texas-based Prodea Systems. Financial terms of the deal were not disclosed. The combined company will combine teams and technologies to offer an array of managed IoT services, catering to data-intensive industries that need real-time performance monitoring, data intelligence and predictive analytics. "Our combined companies have built two of the most innovative IoT platforms," said Prodea CEO Anousheh Ansari. "By combining, we are poised to bring this vision to life and accelerate IoT deployments across different industries. In short, we are facilitating the evolution of the `Internet of Things' to the `Internet of Services.'" Major institutional shareholders after the acquisition include DCM Ventures, Fortress Investment Group, Intel Capital, Mubadala Investment Company and Orix USA, with over $200 million in capital invested to date.
http://www.prodea.com
http://www.arrayent.com
https://www.arrayent.com/2017/07/26/prodea-acquires-arrayent/
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o Briefly Noted:
(San Jose, Calif.) San Jose-based EasilyDo, a developer of email and smart assistant apps, said on Wednesday it has changed its corporate name to Edison Software. The company's signature mail and virtual assistant apps also are being rebranded as Edison Mail and Edison Assistant, respectively.
http://www.edison.tech
http://www.businesswire.com/news/home/20170726005280/en/Edison.-EasilyDo-Unveils-New-AI-Based-Email-Features
(Pleasanton, Calif.) Pleasanton-based MegaPath, a provider of voice, data, security and cloud services, said on Wednesday it has expanded the role of its president, Dan Foster, to also include chief operating officer (COO). With the move, Foster's responsibilities will grow to include day-to-day management and leadership of the company and full P&L responsibilities.
http://www.megapath.com
http://www.businesswire.com/news/home/20170725006215/en/MegaPath%E2%80%99s-Dan-Foster-Expands-Leadership-Role-Include
(San Francisco) Wireless carrier Sprint said on Wednesday it plans to open 43 new retail locations throughout Northern California by the end of this year, adding more than 300 jobs. The new positions will include a combination of retail, operations and technical roles. Currently, Sprint counts more than 860 employees and operates more than 170 branded retail locations throughout the Northern California region.
http://newsroom.sprint.com/sprint-expands-in-northern-california-with-43-new-retail-stores-creating-more-than-300-jobs.htm
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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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