Thursday, September 14, 2017

Bay Area Tech Wire - Sept. 14

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BAY AREA TECH WIRE -- Sept. 14, 2017
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Inbox Summit East - Sept. 29 - DC
http://www.inboxsummiteast.com/


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S.F.-Based HouseCanary Raises $31 Million in Second Round
o San Francisco-Based RealtyShares Raises $28 Million in Third Round
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San Francisco-Based Eaze Raises $27 Million in Second Round
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S.F.-Based Fauna Raises $25 Million in First Round of Funding
o Equinix Opens New $122 Million Data Center in San Jose
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Inbox Summit East - Sept. 29 - DC
o Briefly Noted:
Synopsys - HSBC, Panasas, Talend
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

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Inbox Summit East - Sept. 29 - DC
--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 HouseCanary Raises $31 Million in Second Round

San Francisco -- HouseCanary, the San Francisco-based developer of a data analytics and valuation platform for real estate professionals, said on Thursday it has landed $31 million in its second round of funding, increasing the company's total backing to $64 million since its inception in 2014. Participants included PSP Growth, Alpha Edison and other existing investors. HouseCanary's platform leverages machine learning models to value properties and forecast prices for 4 million residential blocks and 20,000 city markets. It allows investors to value more than 100 million properties with a median error of 2.5% or less. HouseCanary said it will use the funds to further develop its predictive analytics and technology, as well as go-to-market. The company has more than 100 employees and about 250 enterprise customers, including Invitation Homes, LendingHome and Roofstock. Google Cloud, RE/MAX and First American are among the company's distribution partners.
http://www.housecanary.com
https://www.housecanary.com/housecanary-announces-dollar31-million-series-b-funding 
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o San Francisco-Based RealtyShares Raises $28 Million in Third Round

San Francisco -- RealtyShares, the San Francisco-based developer of an online marketplace for real estate investing, said on Thursday it has raised $28 million in its third round of funding. Participants included Cross Creek Advisors, Danhua Capital, Barry Sternlicht (the founder of Starwood Capital and Starwood Resorts) and Bow Capital, along with previous backers Union Square Ventures, General Catalyst Partners and Menlo Ventures. RealtyShares, which now has raised $60 million since its inception, currently boasts more than 120,000 registered users and a growing list of institutional partners. Its platform has so far deployed $500 million across more than 1,000 real estate opportunities in 39 states. "Middle-market commercial real estate comprises the majority of commercial real estate transactions, but it's one of the last frontiers to be disrupted by technology," said founder and CEO Nav Athwal. "The new partners we're bringing on in this round have significant experience transforming old industries, and can help us deepen our focus on the severely underserved commercial financing market."
https://www.realtyshares.com/ 
http://www.businesswire.com/news/home/20170727005473/en/RealtyShares-Acquires-Rival-Platform-Accelerate-Phase-Innovation 
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o San Francisco-Based Eaze Raises $27 Million in Second Round

San Francisco -- Eaze, the San Francisco-based developer of an app-based service designed to connect people to doctors and marijuana dispensaries for on-demand consultations and deliveries, said on Thursday it has raised $27 million in its second round of funding, led by Bailey Capital. DCM Ventures, Kaya Ventures and FJ Labs also took part in the round, which increased the company's total backing to $52 million. Eaze plans to use the financing for continued expansion throughout California and other states. James Bailey, the managing partner of Bailey Capital, has joined the company's board of directors. Launched in 2014, Eaze said it now facilities more than 120,000 deliveries a month through its platform. For patients in need of a medical marijuana recommendation, the company also connects California residents with independent, board-certified doctors to receive an evaluation on demand. "Eaze has transformed the way people legally access marijuana," said Bailey. "As a tech company, Eaze is taking a stand in an industry negatively affected by the century long war on drugs and takes a proactive mission to make cannabis an industry of equality and opportunity."
http://www.eaze.com 
http://www.businesswire.com/news/home/20170914005365/en/Eaze-Continues-Advancing-Cannabis-Industry-Additional-27M 
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o S.F.-Based Fauna Raises $25 Million in First Round of Funding

San Francisco -- Fauna, the San Francisco-based developer of an adaptive operational database designed around modern development practices instead of legacy SQL, said on Thursday it has raised $25 million in its first round of funding. Point72 Ventures led the round, which also included participation from GV (formerly Google Ventures), Costanoa Ventures, Afore Capital, and previous backers CRV, Data Collective, Quest Venture Partners, the Webb Investment Network and Ulu Ventures. The company said it will use the proceeds to accelerate product development and bolster sales activities. Created in 2012 by software engineers from Twitter, FaunaDB is a transactional, globally distributed database that lets digital businesses meet the requirements of modern cloud applications without sacrificing correctness, availability, security or speed. "When we designed FaunaDB, we knew the combination of strong consistency and global availability would be critical for industries like financial services and ecommerce," said Matt Freels, Fauna's co-founder and chief technology officer (CTO). "We're excited to see its rapid adoption by enterprises in other verticals as well, including IoT, gaming, and social media."
http://www.fauna.com
http://www.prnewswire.com/news-releases/fauna-raises-25m-in-series-a-funding-led-by-point72-ventures-300519364.html  
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o Equinix Opens New $122 Million Data Center in San Jose

Redwood City, Calif. -- Equinix, a Redwood City-based owner and operator of data centers, said on Thursday it has opened its newest data center in Silicon Valley, located at its Great Oaks campus in San Jose. The company said the $122 million facility, called SV10, will support increasing demand for interconnection capacity. It is the company's third data center on the campus. "Our Great Oaks campus features one of the highest densities of network and cloud providers within our global platform of IBX data centers," said Karl Strohmeyer, Equinix's president of the Americas. "The interconnection opportunities for enterprise customers at this campus are vast, enabling customers within the region to expand their digital transformation." Equinix data centers in the Silicon Valley region boast more than 625 customers, and represent the second-largest internet exchange point in North America.
http://www.equinix.com/ 
http://www.equinix.com/newsroom/press-releases/pr/123576/equinix-opens-newest-state-of-the-art-data-center-in-silicon-valley/
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o Briefly Noted:

(Mountain View, Calif.) Mountain View-based Synopsys, a developer of software tools for silicon chip design, verification, IP integration and application security testing, said on Thursday it has entered into an accelerated share repurchase agreement with HSBC to buy back $100 million of its stock. Under the terms of the deal, Synopsys will initially receive approximately 1.01 million shares, with the remainder, if any, to be settled on or before Nov. 20. The agreement is in addition to the company's $300 million in stock repurchases so far this year.
https://news.synopsys.com/2017-09-14-Synopsys-Initiates-100-Million-Accelerated-Share-Repurchase-Agreement 

(Sunnyvale, Calif.) Sunnyvale-based Panasas, a developer of network-attached storage appliances, has named Rob Berman as its vice president of sales for the Americas. Berman most recently served as the vice president of marketing applications sales and services at Teradata, and earlier was that company's vice president of global alliances.
http://www.panasas.com/news/press-releases/panasas-appoints-rob-berman-vice-president-sales-americas 

(Redwood City, Calif.) Redwood City-based Talend, a developer of cloud and big data integration tools, said on Thursday it plans to open a new European data center to support its global expansion. The center, expected to open by the end of this year, will be spread across two locations in Frankfurt and Dublin, with one serving as the backup site for the other.
https://www.talend.com/about-us/press-releases/talend-announces-new-european-cloud-data-center/ 

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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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