Thursday, October 19, 2017

Bay Area Tech Wire - Oct. 19

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BAY AREA TECH WIRE -- Oct. 19, 2017
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Campaigns & Marketing Summit - Washington, D.C. - Nov. 13
http://www.camsummitdc.com


o San Francisco-Based Mya Systems Raises $18 Million in Second Round
o Canada's Resolver Acquires Sunnyvale-Based RiskVision
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San Jose-Based Xperi Names Murali Dharan as President of Tessera
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Comcast Ventures Names Gil Beyda as Managing Director
o Briefly Noted: Freenome, Power Integrations, 8x8
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o San Francisco-Based Mya Systems Raises $18 Million in Second Round

San Francisco -- Mya Systems, the San Francisco-based developer of an artificial intelligence recruiting tool, said on Thursday it has raised $18 million in its second round of funding, led by Foundation Capital. Emergence Capital also participated in the round, which the company -- formerly known as FirstJob -- will use to expand its AI team, open new offices in Europe and expand its platform into new job categories. Mya's technology uses natural language processing and machine learning techniques to automate outreach and communications with job candidates throughout the recruiting process. The tool applies advanced matching algorithms and predictive models to shortlist large applicant pools, then automatically schedules interviews, enabling recruiters to prioritize their time with candidates most likely to succeed. "We're at an exciting inflection point in Mya's development during which we're both scaling our existing platform and developing new capabilities to support our longer-term vision," said co-founder and CEO Eyal Grayevsky. "This funding will provide the capital to extend our market leadership position, expand our solution globally and invest toward innovation -- like our outreach capabilities and multi-lingual support." The company previously had raised $11.4 million in its first round in May.
https://hiremya.com/ 
http://www.businesswire.com/news/home/20171019005419/en/AI-Recruiting-Company-Mya-Systems-Announces-18M 
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o Canada's Resolver Acquires Sunnyvale-Based RiskVision

Sunnyvale, Calif. -- Resolver, the Toronto-based developer of an integrated risk management platform, said it has finalized its acquisition of Sunnyvale-based RiskVision, bolstering its IT risk and compliance capabilities and expanding its customer based in key markets. Financial terms of the deal were not disclosed. RiskVision's technology offers capabilities including threat and vulnerability management, IT risk, vendor risk, and incident management. "Organizations are under increasing pressure to contain the risk of data breach," said Will Anderson, the CEO of Resolver. "RiskVision's product capabilities in this arena extend Resolver's ability to help our customers' information security and compliance teams." Resolver, which in July announced $20 million in new funding, now has more than 225 employees in eight offices.
http://www.resolver.com/ 
http://www.resolver.com/about-us/news/resolver-acquires-riskvision-recognized-leader-integrated-risk-management-software-security-operations/ 
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o San Jose-Based Xperi Names Murali Dharan as President of Tessera

San Jose, Calif. -- Xperi, a San Jose-based developer of audio, imaging and semiconductor packaging technology, on Wednesday named Murali Dharan as the president of its Tessera Intellectual Property unit. Dharan, most recently as CEO of IPVALUE, will be responsible for the strategic direction, management and growth of the Tessera intellectual property licensing business. Earlier in his career, he served as an executive vice president at Preview Systems, vice president and general manager at Silicon Graphics and vice president and general manager at NEC. "Murali is well positioned to build on our existing portfolio of valuable IP and pursue broader monetization opportunities we believe to be in the many hundreds of millions of dollars," said CEO Jon Kirchner. Xperi subsidiaries Tessera and Invensas focus on semiconductor packaging technology, which has been widely licensed and is found in billions of electronic devices globally.
http://www.xperi.com
http://www.businesswire.com/news/home/20171018005037/en/Xperi-Corporation-Names-Murali-Dharan-President-Tessera
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o Comcast Ventures Names Gil Beyda as Managing Director

San Francisco -- Comcast Ventures, the San Francisco-based venture capital arm of the cable giant, on Wednesday named Gil Beyda as managing director and promoted Daniel Gulati to partner. Beyda has spent the past nine years investing in B2B startups as the managing partner of Genacast Ventures, a seed-stage fund formed in conjunction with Comcast Ventures. His investments include Demdex, acquired by Adobe; Divide, acquired by Google; and DoubleVerify, acquired by Providence Equity. He will continue to run Genacast, in addition to his new role. "We've learned a lot from him over the past nine years, value his partnership and are thrilled to have him join us as a managing director," said Amy Banse, managing director and head of funds at Comcast Ventures. Gulati joined the firm in 2014 to focus on early stage investing. He relocated to San Francisco last year and has led investments in companies such as Away, a direct-to-consumer travel brand, and MealPal, a subscription meal service.
http://www.comcastventures.com/ 
http://www.businesswire.com/news/home/20171018005192/en/Comcast-Ventures-Hires-Gil-Beyda-Managing-Director
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> Campaigns & Marketing Summit - November 13 - DC

Campaigns & Marketing Summit brings together brand marketers, PR and advocacy professionals, and political campaign strategists to explore the latest tactics, strategies, tools and platforms in their respective fields. This unique fusion in both speakers and attendees produces fresh insights and empowers attendees to push the boundaries of what's possible in their own fields. One thing you're guaranteed to take away from CAM Summit: actionable strategies and tactics that set you apart from peers.

http://camsummitdc.com/


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o Briefly Noted:

(South San Francisco) South San Francisco-based health technology company Freenome, a developer of non-invasive disease screening products for proactively treating cancer and other diseases, said it has formed a scientific advisory board. Inaugural members include Olivier Elemento, director of the Englander Institute for Precision Medicine, head of the Cancer Systems Biology Laboratory and associate professor of computational genomics in computational biomedicine at Weill Cornell Medical College; and Anshul Kundaje, an assistant professor of genetics and computer science at Stanford University.
http://www.freenome.com
http://www.businesswire.com/news/home/20171018005444/en/Freenome-Announces-Formation-Scientific-Advisory-Board 

(San Jose, Calif.) San Jose-based Power Integrations, a developer of high-voltage integrated circuits for energy-efficient power conversion, said it has opened a new production support and R&D center in Malaysia. The facility also will serve as an operations hub from which the company will manage its Asian supply chain.
https://www.freenome.com/ 
http://www.businesswire.com/news/home/20171017006768/en/Power-Integrations-Expands-Asian-Presence-New-Production-Support

(San Jose, Calif.) San Jose-based 8x8, a provider of unified communications, on Thursday named multiple senior executives to its global sales organization. As part of the announcement, 8x8 is realigning the company into two business units -- Small Business & eCommerce and Midmarket & Enterprise. These two units, led by new senior vice presidents Samuel Wilson and Scott Sampson, respectively, will align sales and delivery, coupled with demand generation, services and support to drive segment revenue, growth and profitability.
https://www.8x8.com/ 
http://www.businesswire.com/news/home/20171019005519/en/8x8-Appoints-Accomplished-Industry-Executives-Key-Strategic 

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