Monday, June 16, 2014

Bay Area Tech Wire -- June 16

============================================
BAY AREA TECH WIRE -- June 16, 2014
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To Subscribe: www.bayareatechwire.com     
 

o Milpitas-Based SanDisk to Acquire Fusion-io in $1.1 Billion Deal
o
Mountain View-Based Intuit Completes $360M Acquisition of Check
o
Palo Alto-Based BitGo Raises $12 Million in First Round of Funding  
o
San Jose-Based Cadence Design Completes $170 Million Deal for Jasper
o
ID Acquires Soldier Training System from San Jose's Quantum3D 
o
Obama to Ban Federal Contractors from Discriminating Against LGBT
o
Briefly Noted: Nexant, Virsae, Indiegogo
, Crossbar
_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--Free Cloud & Network Security Forum & EXPO - Santa Clara - June 25

--Don't Miss Summer Rates On All Bay Area Tech Wire Advertising
--Associate Director – ORIX Ventures

--Investment Adviser Executive
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o Milpitas-Based SanDisk to Acquire Fusion-io in $1.1 Billion Deal

Milpitas, Calif. -- SanDisk, the Milpitas-based developer of flash storage products, said on Monday it will acquire Utah-based Fusion-io, developer of an application acceleration platform with offices in San Jose, in an all-cash deal valued at $1.1 billion. Under the agreement, SanDisk will launch a cash tender offer, paying $11.25 a share. The deal is expected to close during the third quarter. Sanjay Mehrotra, SanDisk's president and CEO, said the acquisition will "accelerate our efforts to enable the flash-transformed data center, helping companies better manage increasingly heavy data workloads at a lower total cost of ownership."
http://www.sandisk.com 
http://www.fusionio.com 
http://www.businesswire.com/news/home/20140616005671/en/SanDisk-Signs-Definitive-Agreement-Acquire-Fusion-io#.U58HOpRdXng 
_____________________________________________

o Mountain View-Based Intuit Completes $360M Acquisition of Check

Mountain View, Calif. – Intuit, the Mountain View-based publisher of business and financial management software, said on Monday it has completed its $360 million acquisition of Palo Alto-based Check, a developer of mobile bill pay services. Intuit said the deal, first announced in May, will help accelerate its ability to offer bill pay across small business and personal finance products. Check currently boasts more than 10 million registered users of its mobile app, which automates and consolidates the bill pay process. Guy Goldstein, Check's co-founder and CEO, will serve as a vice president at Intuit.
http://www.intuit.com 
http://www.businesswire.com/news/home/20140616006453/en/Intuit-Completes-Check-Acquisition#.U59NmZRdXng 
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o Palo Alto-Based BitGo Raises $12 Million in First Round of Funding

Palo Alto, Calif. -- BitGo, the Palo Alto-based developer of a Bitcoin security platform, said Monday it has raised $12 million in its first round of funding, led by Redpoint Ventures. Previous investors Bridgescale Partners, Jeff Skoll, Bill Lee and Eric Hahn participated in the round, along with new investors Radar Partners, Founders Fund, Barry Silbert's Bitcoin Opportunity Corp., Liberty City Ventures, Crypto Currency Partners and Ashton Kutcher & Guy Oseary's A-GRade Investments. BitGo, which now becomes one of the most well-funded companies in the Bitcoin ecosystem, operates a Bitcoin security-as-a-service platform based on its multi-signature technology. BitGo also announced that Jeff Brody, founding partner of Redpoint, and Stratton Sclavos of Radar Partners will join its board of directors. Sclavos was the CEO of Internet security firm Verisign from 1995-2007.
http://www.bitgo.com
http://www.businesswire.com/news/home/20140616005325/en/Bitcoin-Security-Pioneer-BitGo-Raises-12-Million#.U59OnJRdXng
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o San Jose-Based Cadence Design Completes $170 Million Deal for Jasper

San Jose, Calif. -- Cadence Design Systems, a San Jose-based provider of electronic design software, hardware and services, said on Monday it has completed its $170 million acquisition of Mountain View-based Jasper Design Automation, a maker of tools for the design and verification of electronic systems and semiconductors. The all-cash deal was first announced in April. Cadence said the acquisition will expand its system design and verification platform. Jasper, led by Kathryn Kranen, will join Cadence's System & Verification Group, reporting to senior vice president Charlie Huang.
http://www.cadence.com
http://www.jasper-da.com/ 
http://www.cadence.com/cadence/newsroom/press_releases/Pages/pr.aspx?xml=061614_jasper&CMP=home 
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o ID Acquires Soldier Training System from San Jose's Quantum3D

San Jose, Calif. -- Intelligent Decisions (ID), a Virginia-based IT systems integrator, said on Monday it has paid an unspecified amount to acquire the ExpeditionDI product line from San Jose-based Quantum3D. Used in the original development of ID's Dismounted Soldier Training System (DSTS), ExpeditionDI is a man-worn, fully immersive tool used for infantry simulation and training. Harry Martin, the president and CEO of ID, said the acquisition will let his company offer clients "a more comprehensive and immersive training capability."
http://www.intelligent.net 
http://www.quantum3d.com/ 
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o Obama to Ban Federal Contractors from Discriminating Against LGBT

Washington, DC -- In a major win for the lesbian, gay, bisexual and transgender (LGBT) community, President Obama will sign an executive order banning federal contractors from discriminating based on a person's sexual orientation or gender identity, a White House official said on Monday. "The action would build upon existing protections, which generally prohibit federal contractors and subcontractors from discriminating in employment decisions on the basis of race, color, religion, sex or national origin," the unidentified official told reporters. The news comes a day before Obama will take part in the Democratic National Committee's annual LGBT Gala in New York.
http://www.politico.com/story/2014/06/obama-lgbt-nondiscrimination-executive-order-107900.html#ixzz34pBBnNZL 
http://www.msnbc.com/msnbc/obama-sign-executive-order-lgbt-workplace-protections
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o Briefly Noted:

(San Francisco) Nexant, a San Francisco-based provider of energy software and services, on Monday named Matthew Mendis as its head of government services, based in Washington, DC. Over the past 35 years, Mendis has worked on clean energy projects in more than 45 developing countries on behalf of The World Bank, the U.S. Agency for International Development and a number of multilateral development agencies and private-sector development firms. He currently chairs the board of trustees of Global Village Energy Partnership International.
http://www.nexant.com/company/news/matthew-mendis-lead-nexant-government-services-team

(San Jose, Calif.) San Jose-based Virsae, a developer of monitoring and analysis tools for unified communications, on Monday named John DeLozier as the executive vice president of its North American business. DeLozier is the former senior vice president of sales at Arrow S3.
http://www.virsae.com 
https://ca.finance.yahoo.com/news/virsae-hires-executive-vice-president-110000228.html 

(San Francisco) San Francisco-based crowdfunding site Indiegogo on Monday named Victor Kovalev, the former director of engineering at Yelp, as its vice president of engineering. He will lead the company's web and mobile efforts.
https://www.indiegogo.com 
http://www.businesswire.com/news/home/20140616005165/en/Indiegogo-Announces-Vice-President-Engineering-Expansion-Leadership#.U58E_ZRdXng 

(Santa Clara, Calif.) Santa Clara-based Crossbar, a start-up developer of non-volatile memory technology, on Monday named Ron Richter as its vice president of sales. Richter most recently served as the senior director of business development at Silicon Image.
http://www.crossbar-inc.com/events/press-releases/crossbar-inc-names-ron-richter-vp-of-sales.html

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Job/Event/Marketplace Listings:
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> Free Cloud & Network Security Forum & EXPO - Santa Clara - June 25

June 25, 2014 MC2IT is hosting a free Cloud & Network Security Forum & EXPO at the Santa Clara Convention Center. EXPO begins at 5:00pm with networking and free appetizers, followed by a panel discussion and audience Q&A. Speakers on the panel include the Founder and CTO of Palo Alto Networks, the Chief Information Security Officer at FireEye, the Chief Privacy Officer at McAfee and the Cloud Platform Product Manager at Google. The event is hosted by Mission College Center for Innovation and Technology (“MC2IT”), a non-profit 501(c)(3) organization of Mission College improving the quality of STEM education. Event registration & details: www.mcsecurityforum.org
____________________________________________

> Don't Miss Summer Rates On All Bay Area Tech Wire Advertising

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and enjoy summer rates now thru Aug. 31, 2014. Grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html 
____________________________________________

> Associate Director – ORIX Ventures

ORIX Ventures is seeking Associate Directors for its growing venture lending group. With opportunities based in both Seattle, Washington and Hartford, Connecticut, the Associate Director will lead venture lending transactions through deal evaluation, term sheet, due diligence, company analysis, modeling, documentation and close. The Associate Director will work closely with senior ORIX Ventures management, equity investors and management teams to successfully grow the ORIX Ventures platform. Qualified candidates should have a history of professional and academic achievement, strong analytical and organizational skills, and an understanding of the growth company space. The ideal candidate has 5-10 years of work experience at a top-tier investment bank, private equity or debt fund, or venture capital firm with solid accounting and financial modeling acumen, an interest in technology companies and a desire to work closely with the venture capital and private equity communities. Additional requirements include a disciplined attention to detail, a team orientation, and a personality that thrives in a fun, performance driven environment. Please forward your resume to mpickle@orix.com Visit our website at http://orixventures.com/
____________________________________________

> Investment Advisor Executive

Investment Advisor Representative-Sales. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com
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Friday, June 13, 2014

Bay Area Tech Wire -- June 13

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BAY AREA TECH WIRE -- June 13, 2014
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To Subscribe: www.bayareatechwire.com     
 

o Priceline to Acquire S.F.-Based OpenTable in $2.6 Billion Deal
o
Hayward-Based Chrono Therapeutics Lands $32 Million in First Round
o
San Francisco-Based VigLink Raises $18 Million in Third Round
o
10 Student Teams Names Finalists in Technovation Event for Young Women
o
Briefly Noted: Nanotech Entertainment, Anthera Pharmaceuticals

_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--Seven Facts to Breathe Life into Your Business
--Don't Miss Summer Rates On All Bay Area Tech Wire Advertising
--Associate Director – ORIX Ventures

--Investment Adviser Executive
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o Priceline to Acquire S.F.-Based OpenTable in $2.6 Billion Deal

San Francisco -- Priceline, the Connecticut-based operator of a discount hotel booking service, said on Friday it will pay approximately $2.6 billion in cash to acquire OpenTable, the San Francisco-based operator of a popular restaurant reservation service. Priceline will pay $103 a share under the deal, which is expected to close after mid-year. OpenTable will continue to be headquartered in San Francisco, operating as an independent unit of Priceline led by its current management team. "OpenTable is a great match for The Priceline Group," said Darren Huston, the president and CEO of Priceline. "They provide us with a natural extension into restaurant marketing services." OpenTable's service currently accepts reservations for 15 million diners a month across more than 31,000 restaurants. The company said the acquisition will afford it growth opportunities, particularly in foreign markets. "They have an exceptional track record of customer service in dozens of languages around the world," said CEO Matt Roberts. "We couldn't be more excited to join a group of brands leading in their space." Besides Priceline.com, Priceline also operates Booking.com, Agoda.com, KAYAK and rentalcars.com.
http://www.pricelinegroup.com/ 
http://www.opentable.com/ 
http://ir.pricelinegroup.com/releasedetail.cfm?ReleaseID=854575 
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o Hayward-Based Chrono Therapeutics Lands $32 Million in First Round

Hayward, Calif. -- Chrono Therapeutics, a Hayward-based developer of wearable devices designed to help people quite smoking, said it has raised $32 million in its first round of funding, co-led by Canaan Partners and 5AM Ventures. Fountain Healthcare Partners, Mayo Clinic and GE Ventures also took part in the round, which the company will use to complete product development and clinical studies. Chrono's core product, the SmartStop system, a Bluetooth device that offers programmable, transdermal nicotine replacement therapy in combination with real-time behavioral support. "We believe we have a very compelling technology that will solve many of the problems that make smoking cessation so difficult," said CEO Alan Levy.
http://www.chronothera.com 
https://ca.finance.yahoo.com/news/chrono-therapeutics-inventor-wearable-smart-160000979.html 
_____________________________________________

o San Francisco-Based VigLink Raises $18 Million in Third Round

San Francisco -- VigLink, the San Francisco-based developer of a platform for content-driven commerce, said on Friday it has raised $18 million in its third round of funding, led by RRE Ventures. Previous backers Google Ventures, Emergence Capital and First Round Capital also participated, as did Correlation Ventures and Silicon Valley Bank. Eric Wiesen, a general partner at RRE Ventures, will join the company's board of directors. The company plans to use the additional funding to fuel international expansion and better address the needs of advertisers. VigLink's platform embeds ordinary links directly into publishers' content. The company operates the VigLink Exchange (VLX), where site-to-site clicks are priced, bought and sold.
http://www.viglink.com 
http://www.viglink.com/press-release/viglink-announces-18m-financing-to-fuel-expansion/ 
http://www.viglink.com/blog/2014/06/13/investing-in-viglink/ 
_____________________________________________

o 10 Student Teams Names Finalists in Technovation Event for Young Women

Santa Clara, Calif. -- Ten teams of students from across five continents on Friday were named finalists in Technovation, a global technology entrepreneurship program and mobile app competition for young women ages 10-23. The finalists will pitch their startup ideas at the Technovation World Pitch event on June 18 at Intel headquarters in Santa Clara. The teams, comprised of students at the middle school, high school and university levels, will compete for a share of $20,000 in seed funding. Technovation is an intensive three-month curriculum that teaches female students computer science and leadership skills as they develop mobile app startups to address problems in their communities. This year, more than 3,500 young women from 45 countries enrolled. Samantha Quist, the senior director of Technovation, said the program "reshapes young women's perceptions of the technology industry, empowering them to see themselves as creators of technology, rather than just consumers of it."
http://www.technovationchallenge.org/ 
http://www.technovationchallenge.org/world-pitch-2014/ 
_____________________________________________

o Briefly Noted:


(San Jose, Calif.) San Jose-based Nanotech Entertainment, a developer of 4K ultra HD streaming video technology, has named Rod Riegel to its content advisory board. Riegel currently serves as vice president of global market development and strategy for the joint venture 3D channel and UHD production studio of Discovery Communications and IMAX.
http://www.businesswire.com/news/home/20140613005453/en/NanoTech-Entertainment-Appoints-Entertainment-Executive-Rod-Riegel#.U5tcwpRdXng 

(Hayward, Calif.) Hayward-based Anthera Pharmaceuticals, a developer of drugs to treat autoimmune diseases, on Friday named Philip Sager to its board of directors. Sager is a fellow of the American College of Cardiology, American Heart Association and Heart Rhythm Society, and has served as a consulting professor of medicine at the Stanford University School of Medicine since 2013.
http://www.prnewswire.com/news-releases/anthera-pharmaceuticals-appoints-dr-philip-sager-to-board-of-directors-263071721.html 

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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> Seven Facts to Breathe Life into Your Business

You've heard of the "facts of life." There also are facts of business life that entrepreneurs and would-be entrepreneurs need to know. Learn these seven tips to know which common mistakes to avoid and how to steer your company in the direction you want it to go. http://www.fairfaxcountyeda.org/bay-area-tech-wire
____________________________________________

> Don't Miss Summer Rates On All Bay Area Tech Wire Advertising

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and enjoy summer rates now thru Aug. 31, 2014. Grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html 
____________________________________________

> Associate Director – ORIX Ventures

ORIX Ventures is seeking Associate Directors for its growing venture lending group. With opportunities based in both Seattle, Washington and Hartford, Connecticut, the Associate Director will lead venture lending transactions through deal evaluation, term sheet, due diligence, company analysis, modeling, documentation and close. The Associate Director will work closely with senior ORIX Ventures management, equity investors and management teams to successfully grow the ORIX Ventures platform. Qualified candidates should have a history of professional and academic achievement, strong analytical and organizational skills, and an understanding of the growth company space. The ideal candidate has 5-10 years of work experience at a top-tier investment bank, private equity or debt fund, or venture capital firm with solid accounting and financial modeling acumen, an interest in technology companies and a desire to work closely with the venture capital and private equity communities. Additional requirements include a disciplined attention to detail, a team orientation, and a personality that thrives in a fun, performance driven environment. Please forward your resume to mpickle@orix.com Visit our website at http://orixventures.com/
____________________________________________

> Investment Advisor Executive

Investment Advisor Representative-Sales. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com
____________________________________________

> Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: http://www.bayareatechwire.com


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Advertising: If you are interested in advertising in our newsletters, call
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Copyright: CapWire Inc. 2014
 

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Thursday, June 12, 2014

Bay Area Tech Wire -- June 12

============================================
BAY AREA TECH WIRE -- June 12, 2014
============================================
To Subscribe: www.bayareatechwire.com     
 

o Shares of Mountain View-Based MobileIron Jump 22% Following $100M IPO
o
San Francisco-Based Freshdesk Raises $31 Million in New Funding Round
o
Redwood City-Based Sencha Names Art Landro as New CEO
o
Huff Post: Federal Government Aiming to Lure Tech Talent to Washington
o 
San Francisco-Based Voxer Promotes Irv Remedios to President
o
Briefly Noted: San Francisco - America's Coolest City, Bigcommerce, GuideSpark

_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--Seven Facts to Breathe Life into Your Business
--Don't Miss Summer Rates On All Bay Area Tech Wire Advertising
--Associate Director – ORIX Ventures

--Investment Adviser Executive
--Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
_____________________________________________

o Shares of Mountain View-Based MobileIron Jump 22% Following $100M IPO

Mountain View, Calif. -- Shares of Mountain View-based MobileIron rose 22% on their first day of trading Thursday, hours after the developer of a mobile-first IT platform for businesses priced its initial public offering (IPO). The company is selling 11.1 million shares for $9 each -- the middle of its target range of $8-$10 -- aiming to raise approximately $100 million. Shares, now listed on the NASDAQ Global Select Market under the symbol "MOBL," closed at $11.02. MobileIron is backed by Foundation Capital, Institutional Venture Partners, Norwest Venture Partners, Sequoia Capital, Storm Ventures and Big Basin Partners.
http://www.mobileiron.com/en 
http://www.sec.gov/Archives/edgar/data/1470099/000119312514233936/d685840d424b4.htm  
_____________________________________________

o San Francisco-Based Freshdesk Raises $31 Million in New Funding Round

San Francisco -- Freshdesk, a San Francisco-based developer of cloud-based customer support software, said on Thursday it has raised $31 million in a new round of funding, led by Tiger Global Management. Accel Partners and Google Capital also participated in the round, which the company will use to accelerate global expansion and ramp up research and development for Freshservice, the company's IT service desk product launched in January. Since launching in 2011, Freshdesk has raised $44 million in funding. The company currently serves 23,000 clients, including 3M, Hugo Boss and Petronas. Its flagship product allows organizations to support their customers through emails, phone calls, websites, forums and social media channels.
http://www.freshdesk.com
https://finance.yahoo.com/news/google-capital-accel-partners-back-122000230.html 
_____________________________________________

o Redwood City-Based Sencha Names Art Landro as New CEO

Redwood City, Calif. -- Sencha, a Redwood City-based provider of tools and services for developers creating HTML5 desktop and mobile apps, on Thursday named Art Landro as its new CEO. He succeeds Michael Mullany, who will remain on the company's board of directors. Landro was most recently the CEO of Netherlands-based Cordys, and previously was the president of MontaVista Software, a division of Cavium Networks. Sencha's investors include Sequoia Capital, Radar Partners and JAFCO Ventures. More than 2 million developers at more than 150,000 companies use the the company's products to build desktop and mobile apps.
http://www.sencha.com/ 
http://www.sencha.com/company/press/sencha-appoints-art-landro-as-ceo/ 
_____________________________________________

o Huff Post: Federal Government Aiming to Lure Tech Talent to Washington

Washington, DC -- On the heels of the HealthCare.gov debacle, the federal government is now looking to lure IT talent away from Silicon Valley, The Huffington Post reported Thursday. A newly launched in-hour government startup, Washington, DC-based 18F, is aiming to lure civic-minded coders and engineers with the promise of large-scale projects that potentially could reach millions of Americans. "This is the place to get big things done," co-founder Hillary Hartley told the publication. "If you build something [in government] and it's successful, it is going to touch an enormous amount of people. And that's intoxicating." Despite a lack of company perks and stock options, federal organizations are increasingly attempting to build startup tech culture in DC, where outdated methods and internal politics often cripple technology projects.
http://www.huffingtonpost.com/2014/06/11/washington-tech_n_5475316.html 
_____________________________________________

o San Francisco-Based Voxer Promotes Irv Remedios to President

San Francisco -- Voxer, a San Francisco-based developer of push-to-talk and multimedia messaging technology, said on Thursday it has promoted Irv Remedios to the role of president. Remedios previously served as the company's head of product, and earlier served as the vice president of product at Mr. Number. "Having led product strategy for Voxer over the last year with a focus on integrating customer needs into our product offerings, Irv is well-qualified to lead our overall strategy and drive our presence in the enterprise communications space," said founder and CEO Tom Katis. Founded in 2007, Voxer has raised $30 million in funding from Institutional Venture Partners, Intel Capital, SV Angel, CrunchFund and other investors.
http://www.voxer.com 
http://www.businesswire.com/news/home/20140612005308/en/Voxer-Names-Irv-Remedios-President#.U5nGiJRdXng 
_____________________________________________

o Briefly Noted:


(Los Angeles) San Francisco is America's Coolest City, according to a new poll by Ranker.com. The poll, which drew more than 16,000 votes, ranked 55 U.S. cities. San Francisco beat out New York, Seattle, Chicago and New Orleans to claim the top spot. The complete list is available at the link below.
http://www.ranker.com/list/america_s-coolest-cities/places-to-go?var=2&utm_expid=16418821-20.yBAHnVOzRImdrRFeNt_7UQ.1 

(San Francisco) Bigcommerce, the Texas-based developer of an e-commerce platform that powers online stores, on Thursday named Tim Schulz as its senior vice president of product management, based in the company's San Francisco office. Schulz most recently led strategic partnerships and business development strategy for Google's Product Listing Ads business.
http://www.bigcommerce.com 
http://www.businesswire.com/news/home/20140612005244/en/Google-Executive-Tim-Schulz-Joins-Bigcommerce-Brand#.U5nD1JRdXng 

(Menlo Park, Calif.) Menlo Park-based GuideSpark, developer of an employee communications platform featuring HR-related multimedia content, on Thursday named Theresa Strickland as its vice president of people and culture and Dharam Rai as its vice president of content services. Strickland most recently was the vice president of human resources at Adap.tv, while Rai was the vice president of global support services at ServiceSource.
http://www.guidespark.com
http://www.businesswire.com/news/home/20140612005311/en/GuideSpark-Announces-Executive-Hires#.U5nFy5RdXng
 
===================================================
Job/Event/Marketplace Listings:
===================================================
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
6000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300


> Seven Facts to Breathe Life into Your Business

You've heard of the "facts of life." There also are facts of business life that entrepreneurs and would-be entrepreneurs need to know. Learn these seven tips to know which common mistakes to avoid and how to steer your company in the direction you want it to go. http://www.fairfaxcountyeda.org/bay-area-tech-wire
____________________________________________

> Don't Miss Summer Rates On All Bay Area Tech Wire Advertising

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and enjoy summer rates now thru Aug. 31, 2014. Grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html 
____________________________________________

> Associate Director – ORIX Ventures

ORIX Ventures is seeking Associate Directors for its growing venture lending group. With opportunities based in both Seattle, Washington and Hartford, Connecticut, the Associate Director will lead venture lending transactions through deal evaluation, term sheet, due diligence, company analysis, modeling, documentation and close. The Associate Director will work closely with senior ORIX Ventures management, equity investors and management teams to successfully grow the ORIX Ventures platform. Qualified candidates should have a history of professional and academic achievement, strong analytical and organizational skills, and an understanding of the growth company space. The ideal candidate has 5-10 years of work experience at a top-tier investment bank, private equity or debt fund, or venture capital firm with solid accounting and financial modeling acumen, an interest in technology companies and a desire to work closely with the venture capital and private equity communities. Additional requirements include a disciplined attention to detail, a team orientation, and a personality that thrives in a fun, performance driven environment. Please forward your resume to mpickle@orix.com Visit our website at http://orixventures.com/
____________________________________________

> Investment Advisor Executive

Investment Advisor Representative-Sales. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com
____________________________________________

> Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: http://www.bayareatechwire.com


===================================================
Subscribe to other newsletters from Tech Wire Media Group:

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Wednesday, June 11, 2014

Bay Area Tech Wire -- June 11

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BAY AREA TECH WIRE -- June 11, 2014
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o San Francisco-Based Krux Raises $35 Million in Second Round
o Palo Alto-Based Declara Lands Additional $9 Million in First Round
o Palo Alto-Based Brigade Media Acquires Causes-Parent Philotic
o
MapQuest, MLB Team for Online Video Series Focused on Baseball Cities
o
FinCapDev Names Finalists in $100K Mobile App Competition
o 
Deadline Approaches for 2014 Deloitte Technology Fast 500
o
Briefly Noted: RuiYi - Silicon Valley Bank, Nexant, Apixio

_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


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o San Francisco-Based Krux Raises $35 Million in Second Round

San Francisco -- Krux, a San Francisco-based developer of cloud-based data management tools, said on Wednesday it has raised $35 million in its second round of funding, led by SAP Ventures. New investors Time Warner Investments, Visionnaire Ventures and Temasek also took part in the round, as well as previous backers Accel Partners, IDG Ventures and The Entrepreneurs Fund. Krux, which now has raised $50 million since its inception in 2010, said it will use the latest proceeds to expand its global sales and support teams, as well as its research and development initiatives. Krux's cloud-based data management platform is designed to help marketers and publishers improve revenue and engagement with customers as they navigate between their laptops, tablets, smartphones and connected TVs. Nino Marakovic, the managing director and CEO of SAP Ventures, will join Krux's board.
http://www.krux.com 
http://www.prnewswire.com/news-releases/krux-raises-35-million-in-series-b-funding-to-accelerate-international-expansion-of-its-data-management-platform-262700831.html 
_____________________________________________

o Palo Alto-Based Declara Lands Additional $9 Million in First Round

Palo Alto, Calif. -- Declara, a Palo Alto-based developer of technology for personalized learning, said on Wednesday it has raised an additional $9 million in funding to close its first round at $25 million. The new tranche included investments from EDBI and Linden Venture Fund. GSV Capital led the initial tranche. Declara said it will use the new funds to broaden its distribution footprint in Asia, which includes opening a new office in Singapore. Founded in 2012, Declara is the maker of a platform that uses semantic search, algorithms and recommendations to develop specific learning paths for individuals.
http://www.declara.com 
https://www.declara.com/news/#edbi-press 
_____________________________________________

o Palo Alto-Based Brigade Media Acquires Causes-Parent Philotic

Palo Alto, Calif. -- Brigade Media, a Palo Alto-based civic engagement startup backed by Napster co-founder and former Facebook president Sean Parker, said on Wednesday it has acquired a controlling stake in San Francisco-based Philotic, the company that owns online campaigning platform Causes and political advocacy startup Votizen. Financial terms of the deal, the startup's first acquisition, were not disclosed. Matt Mahan, the former CEO of Causes, will become the CEO of Brigade, and James Windon, Causes' vice president of revenue, will become president. Brigade, which in April raised $9.5 million from Parker and Silicon Valley heavyweights Ron Conway and Marc Benioff, called the acquisition critical in fulfilling its mission to "re-energize interest in democracy." "When launched, Brigade will serve as a tool to empower people civically, enabling any person to engage with their representatives in a way that is easy, social and enjoyable," the company said.
https://www.causes.com/ 
http://brigade.com/blog/ 
_____________________________________________

o MapQuest, MLB Team for Online Video Series Focused on Baseball Cities

Denver -- AOL's MapQuest and MLB.com have partnered to launch an original online video series to accompany MapQuest's customized ballpark content featuring gameday guides for all 30 MLB teams. The series, called "Key to the City," is hosted by Upright Citizens Brigade Theatre comedian Matt Fisher. "Sometimes our users know exactly where they're headed, and other times, they need us to inform their decisions with the most relevant options," said Brian McMahon, the general manager of MapQuest. "Our partnership with MLB.com addresses two of the top searches from our community -- baseball and travel." Each 5-minute episode focuses on what to do on game days in select baseball towns.
http://gameday.mapquest.com/ 
http://www.businesswire.com/news/home/20140610005916/en/MapQuest-MLB.com-Debut-Original-Online-Video-Series#.U5cHy3JdXng 
_____________________________________________

o FinCapDev Names Finalists in $100K Mobile App Competition

San Francisco -- The Financial Capability Development Competition (FinCapDev), a
nationwide $100,000 challenge to develop mobile apps helping underserved Americans improve their financial choices and gain better access to financial services, has announced 10 finalist teams. Each will spend this summer developing mobile apps addressing a variety of challenges, including making smart purchasing decisions, saving for the future, prioritizing bill payment and fostering positive financial behavior in young adults. Finalist will then participate in a $100,000 demo day in the San Francisco Bay Area, with the grand-prize winner receiving $50,000. A complete look at the finalists is available at the link below.
http://fincapdev.com/2014finalists 
_____________________________________________

o Deadline Approaches for 2014 Deloitte Technology Fast 500

Nominations close in three weeks for the 2014 Deloitte Technology Fast 500, an annual ranking of the fastest growing private technology, media, telecom, life sciences and clean tech companies in North America. Rankings are based on their percentage revenue growth from 2009-2013. Nominations, which kicked off in April, will be accepted through June 27 at the link below. The final list will be released Nov. 13.
http://www.fast500.com 
_____________________________________________

o Briefly Noted:


(Santa Clara, Calif.) RuiYi, a La Jolla-based developer of biologic therapeutics, said on Wednesday it has received a $4 million venture loan from Santa Clara-based Silicon Valley Bank. The company plans to use the proceeds to advance its pipeline of novel monoclonal antibodies.
http://www.ruiyibio.com/ 
http://www.ruiyibio.com/News/061114.htm 

(San Francisco) San Francisco-based Nexant, a provider of software and advisory services for utilities, on Wednesday named Edwin Liu as its senior vice president of smart grid and grid management. Liu most recently served as the vice president of strategy initiatives and smart grid at Quanta Technology.
http://www.nexant.com/company/news/smart-grid-veteran-edwin-liu-joins-nexant-management-team 

(San Mateo, Calif.) San Mateo-based Apixio, a developer of big data tools that let health plans and provider groups more accurately determine member risk scores for appropriate reimbursement, on Wednesday promoted Darren Schulte to CEO. Schulte, previously the company's president, succeeds co-founder Shawn Dastmalchi, who will remain on the company's board.
http://www.apixio.com
http://www.businesswire.com/news/home/20140611005412/en/Darren-Schulte-MD-Appointed-CEO-Apixio#.U5i21nJdXng

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Job/Event/Marketplace Listings:
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> Seven Facts to Breathe Life into Your Business

You've heard of the "facts of life." There also are facts of business life that entrepreneurs and would-be entrepreneurs need to know. Learn these seven tips to know which common mistakes to avoid and how to steer your company in the direction you want it to go. http://www.fairfaxcountyeda.org/bay-area-tech-wire
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> Don't Miss Summer Rates On All Bay Area Tech Wire Advertising

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and enjoy summer rates now thru Aug. 31, 2014. Grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html 
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> Associate Director – ORIX Ventures

ORIX Ventures is seeking Associate Directors for its growing venture lending group. With opportunities based in both Seattle, Washington and Hartford, Connecticut, the Associate Director will lead venture lending transactions through deal evaluation, term sheet, due diligence, company analysis, modeling, documentation and close. The Associate Director will work closely with senior ORIX Ventures management, equity investors and management teams to successfully grow the ORIX Ventures platform. Qualified candidates should have a history of professional and academic achievement, strong analytical and organizational skills, and an understanding of the growth company space. The ideal candidate has 5-10 years of work experience at a top-tier investment bank, private equity or debt fund, or venture capital firm with solid accounting and financial modeling acumen, an interest in technology companies and a desire to work closely with the venture capital and private equity communities. Additional requirements include a disciplined attention to detail, a team orientation, and a personality that thrives in a fun, performance driven environment. Please forward your resume to mpickle@orix.com Visit our website at http://orixventures.com/
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> Investment Advisor Executive

Investment Advisor Representative-Sales. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com
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Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: http://www.bayareatechwire.com


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News tips, press releases. Send email to:
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Tech Wire Mailing Address:
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Copyright: CapWire Inc. 2014
 

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Tuesday, June 10, 2014

Bay Area Tech Wire -- June 10

============================================
BAY AREA TECH WIRE -- June 10, 2014
============================================
To Subscribe: www.bayareatechwire.com     
 

o San Jose-Based Visier Raises $25.5 Million in Third Round of Funding
o
San Francisco-Based about.me Lands $11 Million in Second Round
o
San Mateo-Based Exabeam Raises $10 Million in First Round
o
David Marcus Stepping Down as PayPal President for Job at Facebook
o
Foster City-Based Love With Food Raises $1.4 Million in New Funding
o 
San Francisco-Based Auconet Acquires ASDIS
o
Briefly Noted: AdTruth, PricewaterhouseCoopers, Lithium Technologies

_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--Seven Facts to Breathe Life into Your Business
--Don't Miss Summer Rates On All Bay Area Tech Wire Advertising
--Associate Director – ORIX Ventures

--Investment Adviser Executive
--Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

Ad Descriptions Below Briefly Noted Section
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o San Jose-Based Visier Raises $25.5 Million in Third Round of Funding

San Jose, Calif. -- Visier, a developer of workforce analytics and planning software with dual headquarters in San Jose and Vancouver, said on Tuesday it has raised $25.5 million in its third round of funding, led by Adams Street Partners. The company, which now has raised $49.5 million since its inception, also received investments from previous backers Foundation Capital and Summit Partners. Visier, which said it more than tripled its revenue growth in 2013, will use the new capital to broaden adoption of its technology within the human resources market, as well as penetrate new growth areas. The company's cloud-based tools are designed to help organizations leverage data to predict how workforce behaviors (such as future employee recruitment, promotion and turnover patterns) will change, and use that information to create plans to optimize the workforce.
http://www.visier.com 
http://www.visier.com/press-release/visier-secures-25-5-million-series-c-financing-demand-companys-applied-big-data-solutions-accelerates/ 
_____________________________________________

o San Francisco-Based about.me Lands $11 Million in Second Round

San Francisco -- about.me, the San Francisco-based developer of an online identity platform, said on Tuesday it has landed $11 million in its second round of funding, led by Foundry Group. True Ventures, SoftTech VC, CrunchFund and Bullpen Capital also took part in the round, which the company, co-founded by Tony Conrad and Ryan Freitas, will use to expand to new verticals and build on its existing product. about.me's service allows users to create curated pages that include features such as bios, contact information and buttons that link to social network content. "Now our goal is to build on that existing experience by adding features that will give our users something more tangible to work with and a reason to come back and regularly interact with their about.me page," said CEO Conrad. about.me was founded in late 2010 and acquired by Aol shortly after it launched publicly. In Feb. 2013, Conrad and Freitas bought back the company and have since been focusing on user acquisition and engagement. The company previously raised $5.7 million in funding from True Ventures, Google Ventures, SoftTech VC, SVA Capital and Aol Ventures.
https://about.me 
http://www.businesswire.com/news/home/20140610005932/en/about.me-Raises-11-Million-Led-Foundry-Group#.U5c4HXJdXng 
_____________________________________________

o San Mateo-Based Exabeam Raises $10 Million in First Round

San Mateo, Calif. -- Exabeam, a San Mateo-based developer of big data security analytics, said on Tuesday it has raised $10 million in its first round of funding, led by Norwest Venture Partners. Aspect Ventures and angel investor Shlomo Kramer also participated in the round, which the company will use to support its go-to-market strategy and continue developing its technology, designed to simplify security operations and help IT teams defeat sophisticated hackers. Exabeam's founding team includes CEO Nir Polak and Sylvain Gil, its vice president of products, both previously with Imperva, as well as CTO Domingo Mihovilovic, formerly with Sumo Logic. The company's machine-learning technology focuses on attacker behavior, rather than malware and tools, to help detect modern cyberattacks. "Organizations are losing the battle against cyberattacks, and the industry is in need of an effective approach to reverse the asymmetric advantage favoring hackers," said Polak.
http://www.exabeam.com/ 
http://www.businesswire.com/news/home/20140610005468/en/Exabeam-Secures-10-Million-Series-Norwest-Venture#.U5cM53JdXng
_____________________________________________

o David Marcus Stepping Down as PayPal President for Job at Facebook

San Jose, Calif. -- eBay, the San Jose-based online auction giant, said that David Marcus will step down as the president of its PayPal online and mobile payments arm to lead Facebook's messaging products business. His final day will be June 27. PayPal's leadership team will report to John Donahoe, eBay's president and CEO, until a new president is named. "I know the business has a strong leadership team in place," said Marcus. "That’s why now felt like the right time to make a change and return to how I most love to spend my time, leading smaller teams to build great product experiences." PayPal has more than 148 million active accounts and in 2013 processed $180 billion in payment volume. PayPal accounted for 41% of eBay's revenue last year.
http://www.ebayinc.com
http://investor.ebayinc.com/financial_releases.cfm 
_____________________________________________

o Foster City-Based Love With Food Raises $1.4 Million in New Funding

Foster City, Calif. -- Love With Food, the Foster City-based developer of a consumer food marketing data platform and monthly organic or natural snack delivery service, said on Tuesday it has raised $1.4 million in a new round of funding, increasing the company's total backing to $2 million. Investors included Kapor Capital, 500 Startups, TEEC Angel Fund, Angel List Syndicate led by Yun-Fang Juan, Ironfire Capital, Scrum Ventures, Tom Peterson of El Dorado Ventures and Talmadge O'Neill of Juvo Capital. "We will use this capital infusion to attract more customers and expand the team to further improve our consumer insight offerings," said founder and CEO Aihui Ong. The company increased its revenue from $250,000 in 2012 to more than $2 million last year. Love With Food utilizes data collected from its monthly orders to provide food brands with analytics, especially into the habits of the female millennial. The company's monthly delivery service provides members with 6-8 natural or organic snacks for $10 a month.
http://www.lovewithfood.com
http://www.prnewswire.com/news-releases/love-with-food-announces-14-million-funding-round-to-grow-customer-acquisition-efforts-and-expand-team-262514501.html 
_____________________________________________

o San Francisco-Based Auconet Acquires ASDIS

San Francisco -- Auconet, a San Francisco-based developer of IT operations management tools, said on Tuesday it has acquired longtime partner ASDIS, a German provider of system management technology, from Ventura Management. Financial terms of the deal were not disclosed. Auconet said the acquisition strengthens its business infrastructure control products, while also adding several high-profile customers in the banking, insurance, logistics, transportation and retail sectors. ASDIS' offerings include ATM/kiosk management, server management, retail management and mobile device management.
http://www.auconet.com 
http://www.asdis.de/home.html 
http://www.auconet.com/en/news-and-press/auconet-acquires-asdis-extends-itom-portfolio-system-management/ 
_____________________________________________

o Briefly Noted:


(San Jose, Calif.) San Jose-based AdTruth, a developer of device recognition technology for digital marketing, has named Martin Gilliard as its general manager for North America. Gilliard most recently served as founder and CEO of Datamyze, and previously was vice president of media solution at the Media Innovation Group, a WPP company.
http://www.adtruth.com/buzz/announcements/martin-gilliard-joins-adtruth-general-manager-north-america 

(San Francisco) Auditing and advisory firm PricewaterhouseCoopers (PwC) said that 23 professionals based in the Bay Area will be admitted into the firm's partnership, effective July 1. Of the 23, eight are based in the San Francisco office and 15 are based in San Jose. The complete list is available at the link below.
http://www.prnewswire.com/news-releases/pwc-us-announces-23-partner-promotions-in-san-francisco-and-silicon-valley-offices-262382021.html 

(San Francisco) San Francisco-based Lithium Technologies, a developer of software that lets businesses create their own social networks and online communities, on Tuesday named Ravi Kumaraswami as its chief revenue officer. Kumaraswami most recently served as the senior vice president of sales at SAP.
http://www.lithium.com/company/news-room/press-releases/2014/lithium-announces-ravi-kumaraswami-as-chief-revenue-officer

===================================================
Job/Event/Marketplace Listings:
===================================================
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
6000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300


> Seven Facts to Breathe Life into Your Business

You've heard of the "facts of life." There also are facts of business life that entrepreneurs and would-be entrepreneurs need to know. Learn these seven tips to know which common mistakes to avoid and how to steer your company in the direction you want it to go. http://www.fairfaxcountyeda.org/bay-area-tech-wire
____________________________________________

> Don't Miss Summer Rates On All Bay Area Tech Wire Advertising

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and enjoy summer rates now thru Aug. 31, 2014. Grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html 
____________________________________________

> Associate Director – ORIX Ventures

ORIX Ventures is seeking Associate Directors for its growing venture lending group. With opportunities based in both Seattle, Washington and Hartford, Connecticut, the Associate Director will lead venture lending transactions through deal evaluation, term sheet, due diligence, company analysis, modeling, documentation and close. The Associate Director will work closely with senior ORIX Ventures management, equity investors and management teams to successfully grow the ORIX Ventures platform. Qualified candidates should have a history of professional and academic achievement, strong analytical and organizational skills, and an understanding of the growth company space. The ideal candidate has 5-10 years of work experience at a top-tier investment bank, private equity or debt fund, or venture capital firm with solid accounting and financial modeling acumen, an interest in technology companies and a desire to work closely with the venture capital and private equity communities. Additional requirements include a disciplined attention to detail, a team orientation, and a personality that thrives in a fun, performance driven environment. Please forward your resume to mpickle@orix.com Visit our website at http://orixventures.com/
____________________________________________

> Investment Advisor Executive

Investment Advisor Representative-Sales. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com
____________________________________________

> Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: http://www.bayareatechwire.com


===================================================
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Digital Media Wire: http://www.digitalmediawire.com

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Copyright: CapWire Inc. 2014
 

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