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BAY AREA TECH WIRE -- Sept. 18, 2017
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Inbox Summit East - Sept. 29 - DC
http://www.inboxsummiteast.com/
o Itron to Acquire San Jose-Based Silver Spring Networks in $830M Deal
o San Francisco-Based Cofactor Genomics Raises $18 Million in First Round
o San Francisco-Based Panoply Lands New $5M Investment from C5 Capital
o TechCrunch Names San Francisco Startup Battlefield Participants
> Inbox Summit East - Sept. 29 - DC
o Briefly Noted: Francisco Partners - R2Net, Hitachi Data Systems,
Intel, Mellanox Technologies
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--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
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o Itron to Acquire San Jose-Based Silver Spring Networks in $830M Deal
San Jose, Calif. -- Itron, a Washington-based developer of technology tools designed to measure, manage and analyze energy and water, said on Monday it will acquire San Jose-based Silver Spring Networks, developer of an Internet-of-Things network and data platform for utilities, in a deal valued at $830 million. Itron will pay $16.25 a share in cash under the deal, which is expected to close either in late 2017 or early 2018. Silver Spring generated $311 million in revenue last year, and to date, has delivered more than 26.7 million network-enabled devices across five continents. "By converging our complementary, standards-based technologies, we will enhance customer efficiencies with solutions that optimize devices, network technologies, outcomes and analytics," said Itron CEO Philip Mezey. "This transaction also increases our presence in the sizable industrial IoT segment, driving higher growth with recurring revenues and enabling Itron to increase profitability beyond our mid-teens EBITDA margin target."
http://www.itron.com
http://www.ssni.com
http://www.businesswire.com/news/home/20170918005459/en/Itron-Acquire-Silver-Spring-Networks-Accelerate-Smart
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o San Francisco-Based Cofactor Genomics Raises $18 Million in First Round
San Francisco -- Cofactor Genomics, the San Francisco-based developer of a platform for RNA sequencing and expression analysis, said on Monday it has raised $18 million in its first round of funding, led by Menlo Ventures. The round also included major investments from previous backer Data Collective (DCVC) and new investor Ascension Ventures, as well as participation from iSelect, Y Combinator, Wilson Sonsini Goodrich & Rosati and Stanford. Mark Siegel of Menlo Ventures, Matt Ocko of DCVC and John Kuelper of Ascension Ventures have joined the company's board of directors. "This financing… is enormous validation of the platform that we've built, and reflects excitement for Cofactor's next phase of growth where we intend to package this expertise in discrete applications that can be easily adopted by research labs and clinical practices throughout the nation," said CEO Jarret Glasscock. "I, as well as many on my team, have lost family members to cancer, so being able to see Cofactor's technology improve oncologists' ability to select therapy and impact patient outcomes is of great importance."
http://www.cofactorgenomics.com
http://www.businesswire.com/news/home/20170918005287/en/Cofactor-Genomics-Announces-18M-Funding-Oversubscribed-Series-A
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o San Francisco-Based Panoply Lands New $5M Investment from C5 Capital
San Francisco -- Panoply, the San Francisco-based developer of a smart data warehouse platform that uses machine learning and natural language processing to expedite the migration of raw data to analytics, said on Monday it has landed a new $5 million investment from C5 Capital to complete its first round of funding at $13 million. Intel Capital, Blumberg Capital and 500 Startups earlier had participated in the round, which the company will use to bolster its sales, marketing and product development activities. Panoply also bolstered its senior management team with the appointment of Michael Canon as vice president of worldwide sales and Paul Friesen as vice president of marketing. Canon most recently served as the head of enterprise sales at New Relic, while Friesen was the vice president of marketing at Algolia.
http://www.panoply.io
https://panoply.io/news/panoply-funding-climbs-to-13-million/
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o TechCrunch Names San Francisco Startup Battlefield Participants
San Francisco -- TechCrunch on Monday announced the 20 participants in its Startup Battlefield at this week's TechCrunch Disrupt San Francisco. Through Wednesday, selected founders will demo their products through six-minute presentation stage, where a panel of judges will pick one to win $50,000 "TechCrunch's Battlefield is a startup showcase unlike any other, providing incredible startups the opportunity to launch in front of a global audience of investors and founders," said Ned Desmond, the COO of TechCrunch. Since 2007, 648 Battlefield startups have raised a collective $6.9 billion in funding after launching on stage, with a total of 95 exits. Notable competitors to have launched at the vent include Mint, Dropbox, Fitbit and Yammer among others. The winner will be announced on Wednesday. The complete list of entrants is available at the link below.
https://techcrunch.com/2017/09/18/announcing-startup-battlefield-at-disrupt-san-francisco/
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o Briefly Noted:
(San Francisco) Francisco Partners, a technology-focused private equity firm based in San Francisco, said on Monday it has sold New York-based portfolio company R2Net, the owner of online jewelry retailer JamesAllen.com and Segoma Imaging Technologies, to Signet Jewelers. Financial terms of the deal were not disclosed.
http://www.franciscopartners.com
http://www.r2net.com/
http://www.businesswire.com/news/home/20170918005261/en/Francisco-Partners-Completes-Sale-R2Net-Parent-Company
(Santa Clara, Calif.) Santa Clara-based Hitachi Data Systems on Monday named Mark Serway as the chief financial officer (CFO) and vice president of operations of its Virginia-based HDS Federal unit, which provides data and analytics tools to the federal government. Serway, who previously served as the CFO of Govplace and Akima, will oversee financial and business operations for the company, including corporate controllership, treasury, tax, IT and customer support services.
http://www.hdsfed.com
http://www.businesswire.com/news/home/20170918005924/en/Hitachi-Data-Systems-Federal-Appoints-New-Chief
(Santa Clara, Calif.) Santa Clara-based chipmaker Intel on Monday named Andrew Wilson, the CEO of Electronic Arts, to its board of directors. The addition gives the company 12 board members.
https://newsroom.intel.com/news-releases/andrew-wilson-elected-intel-board-directors/
(Sunnyvale, Calif.) Sunnyvale-based Mellanox Technologies, a supplier of smart interconnect solutions for data center servers and storage systems, on Monday named Shlomit Weiss as its senior vice president of silicon engineering. Weiss is a veteran of Intel, where he has served as vice president of silicon development and held various other management roles since 1989.
http://www.mellanox.com/page/press_release_item?id=1970
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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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