| ========================================== BAY AREA TECH WIRE -- Nov. 2, 2017 ========================================== Campaigns & Marketing Summit - Where Tech, Brands, PR & Campaigns Collide Agenda: http://camsummitdc.com/agenda o Palo Alto-Based Instart Logic Lands $30 Million in New Funding Round o Oakland-Based Globetouch Lands Bulk of Planned $40 Million Round o Menlo Park-Based Altos Ventures Invests $3 Million in Collab o Jensen Hughes Acquires Walnut Creek-Based Cygna Energy Services > Campaigns & Marketing Summit - Washington, D.C. - Nov. 13 o Briefly Noted: Intuit, Nutanix, _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Bay Angels - Investors Welcome - Nov. 2 - South Bay --Intellectual Property Services / Patent Applications Drafted --Baird - A Global Technology Investment Banking --Campaigns & Marketing Summit - DC - Nov. 13 Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com _____________________________________________ o Palo Alto-Based Instart Logic Lands $30 Million in New Funding Round Palo Alto, Calif. -- Instart Logic, the Palo Alto-based developer of a cloud application performance and security platform, said on Thursday it has landed $30 million in a new round of funding, led by ST Telemedia. Previous backers Geodesic Capital, Stanford-StartX Fund, Harris Barton Asset Management, Hermes Growth Partners, Andreessen Horowitz, Four Rivers Group, Kleiner Perkins Caufield & Byers, Tenaya Capital and Telstra Ventures also participated. The company, which now has raised $140 million since its inception, said it will use the proceeds to jumpstart global expansion and bolster its digital experience platform. Instart Logic's platform is designed to help global brands increase their online performance. "We raised an additional $30 million to help even more global brands drive higher online revenue through improved, faster and safer consumer experiences," said founder and CEO Manav Mital. "We will also use these new funds to expand initiatives that help publishers monetize their content through digital advertising." https://www.instartlogic.com http://www.businesswire.com/news/home/20171102005500/en/Instart-Logic-Fuels-Momentum-30-Million-New _____________________________________________ o Oakland-Based Globetouch Lands Bulk of Planned $40 Million Round Oakland -- Globetouch, an Oakland-based provider of connectivity services for the connected car and Internet-of-Things markets, said it has raised the majority of a planned $40 million third round of funding after landing new investments from Hermes Growth Partners, Spark Telecom Ventures and Wholesale and Impact Venture Capital. Previous backers joining this round include Verizon Ventures and Zeev Ventures. Globetouch said the round will allow it to enhance its services and market share of the growing connected car market, as well as aid its push into verticals such as logistics, industrial IoT and healthcare. "With the added backing… we are realizing our mission to enable the connected car with applications that enrich the transportation experience beyond imaginable limits," said CEO Riccardo Di Blasio. http://www.globetouch.com http://www.globetouch.com/commitments-from-new-investors-and-additional-investment-from-existing-ones-propel-globetouch-towards-a-40-million-series-c/ _____________________________________________ o San Francisco-Based Testim.io Lands $5.6 Million in First Round San Francisco -- Testim.io, a San Francisco-based developer of machine learning test automation software, said on Thursday it has raised $5.6 million in its first round of funding, led by Lightspeed Venture Partners. The company now has raised $8 million in the past year from early investors including Foundation Capital, Spider Capital and Heavybit. Testim.io said it is aiming to help engineering teams make application testing autonomous and integrative to their agile development cycle. "Organizations are forced to trade off between quality and time to market. We're here to change that," said CEO Oren Rubin. "By making all software testing autonomous, our customers will benefit from delivering better digital experiences through impeccable quality while releasing multiple times a day." Testim's self-learning tests adapt to code changes, eliminating a big portion of maintenance overhead so clients can spent more time developing new capabilities instead of testing. Customers include Wix.com, NetApp and Walmart. https://www.testim.io/ http://www.businesswire.com/news/home/20171102005151/en/Testim-Raises-5.6M-Series-Funding-Lightspeed-Venture _____________________________________________ o Menlo Park-Based Altos Ventures Invests $3 Million in Collab Menlo Park, Calif. -- Altos Ventures, a Menlo Park-based venture capital firm, said it has invested $3 million in Los Angeles-based Collab, an independent influencer network and rights management company. With the company's first round, it has launched a spinoff called Collab Asia, which will focus on helping creators in Asia produce, distribute, monetize and build audiences for their original content across multiple digital platforms. Collab Asia has set up offices in South Korea, Japan and Indonesia, and is already managing hundreds of YouTube channels in the region. Launched in 2012, Collab manages approximately 1,000 YouTube channels with a combined reach of over 3.5 billion monthly views. https://altos.vc/ http://www.collabcreators.com/ https://www.prnewswire.com/news-releases/collab-raises-3-million-series-a-round-to-expand-its-footprint-across-asia-300547122.html _____________________________________________ o Guidewire Completes Deal for Cyence, Business Chief Steps Down Foster City, Calif. -- Guidewire Software, a Foster City-based provider of software to property and casualty insurers, said it has completed its $275 million acquisition of San Mateo-based Cyence, a developer of software that lets insurers underwrite new technology risks involving cybersecurity, reputation and business interruption. The deal was first announced in early October. Under the terms, Guidewire paid $140 million in cash, and approximately 1.6 million shares of stock. In addition, the company said that Scott Roza has stepped down as its chief business officer to pursue other career opportunities. He will remain with the company through the end of the year to assist with the transition. In related moves, Guidewire has promoted Steve Sherry, its senior vice president of worldwide sales, to chief sales officer, and Eileen Maier, its senior vice president of solution consulting and go to market delivery, to chief business officer. http://www.guidewire.com http://www.cyence.net http://www.businesswire.com/news/home/20171101006855/en/Guidewire-Software-Announces-Transition-Process-Executive-Leadership _____________________________________________ o Jensen Hughes Acquires Walnut Creek-Based Cygna Energy Services Walnut Creek, Calif. -- Jensen Hughes, a Baltimore-based provider of specialty engineering consulting services to the nuclear energy industry, said it has acquired Walnut Creek-based Cygna Energy Services, a developer of software for the energy industry. Financial terms of the deal were not disclosed. Cygna, co-founded by Glenn Smith and Tim Fay, has developed a configuration management tool and data analysis program called Plant Data Management System (PDMS). "With access to a bench strength of over 1,200 engineers and consultants, our team will be able to provide increased site support and have the capacity to rapidly advance the development of new application capabilities as requested by our clients," said Liz Kleinsorg, the senior vice president of Jensen Hughes Power Services Group. PDMS will continue to operate and function as a standalone application. http://www.jensenhughes.com http://www.cygna.net http://www.businesswire.com/news/home/20171101006051/en/JENSEN-HUGHES-Acquires-Cygna-Energy-Services _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| > Baird - A Global Leader in Technology Banking Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: Mountain View, Calif.) Mountain View-based Intuit, a developer of financial management software such as QuickBooks and TurboTax, has named Diego Rodriguez as its executive vice president and chief product and design officer. Rodriguez previously spent 17 years at IDEO, where he was a partner and global managing director. https://www.intuit.com/ http://www.businesswire.com/news/home/20171101005690/en/Intuit-Names-Diego-Rodriguez-Chief-Product-Design (San Jose, Calif.) San Jose-based enterprise cloud computing company Nutanix has named Lou Attanasio as its chief revenue officer, responsible for leading the company's global sales strategy and execution. Attanasio most recently was the executive vice president and chief revenue officer at Informatica, and previously was the general manager of IBM's hybrid cloud portfolio. http://www.nutanix.com http://www.businesswire.com/news/home/20171102005338/en/Nutanix-Names-Lou-Attanasio-Chief-Revenue-Officer (Palo Alto, Calif.) Palo Alto-based Science Exchange, developer of a platform that lets users find and order outsourced research and development services from thousands of service providers, has named Guru Singh as its new director of scientific content. Singh most recently served as the director of scientific content at Scientist.com (formerly Assay Depot). His background includes experience as a laboratory researcher and entrepreneur, as he has helped launch several life science startups. http://www.scienceexchange.com http://www.businesswire.com/news/home/20171102005102/en/Science-Exchange-Announces-New-Director-Scientific-Content (Milpitas, Calif.) Milpitas-based Aerohive Networks, developer of a Wi-Fi and cloud-managed mobile networking platform, said its board of directors has authorized the repurchase of up to $20 million more in company stock. The move extends an existing share repurchase program initially authorized in early 2016. http://www.aerohive.com http://www.businesswire.com/news/home/20171101006706/en/Aerohive-Increases-Share-Repurchase-Program-20M =================================================== Job/Event/Services Listings: =================================================== To Post in Job/Event/Marketplace: http://www.bayareatechwire.com 7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300 > Bay Angels - Investors Welcome - Nov. 2 - South Bay Bay Angels is pleased to announce its first of many events in the South Bay. This Thursday (11/2) from 6-8PM we will be holding a pitch event located at Promeets @ Spaces, 101 Jefferson Drive, Menlo Park. Five pre-screened companies will pitch to an audience of investors. Details on Eventbrite. Admission is complimentary to investors. _____________________________________________ > Intellectual Property Services/Patent Applications Drafted I provide a wide range of services relating to intellectual property including patents, trademarks, trade secrets and licensing. I am a registered patent attorney with over 27 years experience. I charge a flat fee of $4000.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. I have significant experience preparing software patents and I am familiar with the current patentability issues surrounding these type of patent applications. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; 6,850,920; 9,086,847; 9,178,555; 9,207,215; 9,426,183; 9,519,304; and 9,671,835. I am located in San Jose near the airport. If you are interested, please send inquiries to email@roarkip.com _____________________________________________ > Baird - A Global Leader in Technology Banking Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/ _____________________________________________ > Advertising on Bay Area Tech Wire Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/ =================================================== Subscribe to other newsletters from Tech Wire Media Group: Potomac Tech Wire: http://www.potomactechwire.com Bay Area Tech Wire: http://www.bayareatechwire.com Advertising: If you are interested in advertising in our newsletters, call Paul Sherman at 1-301-656-0057 x1103 or send email to paul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: P.O. Box 15180 Washington, DC 20003 Copyright: CapWire Inc. 2017
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Thursday, November 2, 2017
Bay Area Tech Wire - Nov. 2
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