| ============================== BAY AREA TECH WIRE -- Feb. 13, 2018 ============================== To subscribe: www.bayareatechwire.com o San Francisco-Based InfluxData Lands $35 Million in Third Round o Palo Alto-Based HackerRank Secures $30 Million in Third Round of Funding o San Mateo-Based Tipalti Raises $30 Million in Third Round of Funding o San Francisco-Based Fitbit to Acquire Twine Health o Campbell-Based Tachyum Lands New Investment from IPM Growth o Briefly Noted: Harmonic, Lumileds, Life360, eBay _______________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Baird – A Global Leader in Technology Banking --Information Technology Project Manager - City of Irvine, California --Chief Information Officer - Marin County, California --Mid-Atlantic Marketing Summit in DC on April 26 - New Year's Sale Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com _______________________ o San Francisco-Based InfluxData Lands $35 Million in Third Round San Francisco – InfluxData, the San Francisco-based creator of an open source platform designed to help developers build monitoring, analytics and IoT applications, said on Tuesday it has landed $35 million in its third round of funding, led by Sapphire Ventures. New investor Harmony Partners and previous backers Battery Ventures, Mayfield Fund and Trinity Ventures also participated in the round, which the company will use to expand its sales, marketing and research and development efforts. Anders Ranum, a partner at Sapphire Ventures, will join the company's board of directors. InfluxData's platform is used to analyze metrics and events for DevOps and IoT applications. The information allows developers to build new monitoring, analytics and IoT applications. The company, which now has raised $60 million since its inception, currently counts more than 400 customers, including Cisco, eBay, IBM and Siemens. https://www.influxdata.com/ https://www.influxdata.com/blog/influxdata-raises-35m-to-accelerate-growth-and-meet-growing-global-demand-for-time-series-database/ _______________________ o Palo Alto-Based HackerRank Secures $30 Million in Third Round of Funding Palo Alto, Calif. – HackerRank, the Palo Alto-based creator of a platform designed to help companies evaluate technical talent based on skills, said on Tuesday it has raised $30 million in its third round of funding, led by JMI Equity. Previous backers Khosla Ventures, Battery Ventures, Randstad Innovation Fund and Chartline Capital Partners also participated in the round, which increased the company's total funding to $58.2 million. Suken Vakil, a general partner at JMI Equity, has joined the company's board of directors. HackerRank said it will use the proceeds to accelerate its growth in the enterprise, expand and support its community of more than 3.4 million developers and bolster its data science research and development. "The need for developers is only going to increase as every company becomes a software company," said co-founder and CEO Vivek Ravisankar. "HackerRank is playing an important role in reshaping the future of technical hiring -- one where developers can showcase their skills and employers can evaluate them in an unbiased way." Customers include BlackRock, Atlassian, VMware, Capital One and Looker. http://www.hackerrank.com https://www.prnewswire.com/news-releases/hackerrank-raises-30-million-to-transform-the-developer-hiring-process-300597724.html _______________________ o San Mateo-Based Tipalti Raises $30 Million in Third Round of Funding San Mateo, Calif. – Tipalti, the San Mateo-based developer of a cloud platform designed to streamline all phases of the payments workflow, said on Tuesday it has raised $30 million in its third round of funding, led by Zeev Ventures. The fintech company, which now has raised more than $50 million since its inception, said it will use the latest proceeds to bolster product development and customer service activities. "By modernizing the finance operation, we typically automate 80% of an organization's AP and cross-border payments workload, freeing the finance team to focus on mission-critical initiatives," said co-founder and CEO Chen Amit. "This funding round enables us to continue our track record of innovation to transform the entire accounts payable operation." Tipalti currently processes over $4 billion in transactions annually for clients such as Amazon, Roku, GoPro, Twitter and GoDaddy. https://tipalti.com/ https://tipalti.com/b2b-fintech-30m-global-payables-automation-pr _______________________ o San Francisco-Based Fitbit to Acquire Twine Health San Francisco – Fitbit, the San Francisco-based developer of wearable fitness trackers, said on Tuesday it will acquire Massachusetts-based Twine Health, developer of a health coaching platform. Financial terms of the deal, expected to close by the end of March, were not disclosed. The acquisition extends Fitbit's reach into healthcare, laying the foundation for the company to expand its offerings to health plans, health systems and self-insured employers, while creating opportunities to increase subscription-based revenue. "Twine Health has delivered powerful results for patients managing conditions like diabetes and hypertension – two key focus areas for Fitbit," said co-founder and CEO James Park. "When combined with our decade-plus of experience empowering millions of consumers to take control of their health and wellness, we believe we can help build stronger connections between people and their care teams by removing some of the most difficult barriers to behavior change." Twine Health's HIPAA-compliant connected health platform is designed to help users manage chronic conditions, such as diabetes and hypertension, and aid in lifestyle interventions, such as weight loss and smoking cessation, by making it easy for care teams to collaborate on care plans. http://www.fitbit.com https://www.twinehealth.com/ https://investor.fitbit.com/press/press-releases/press-release-details/2018/Fitbit-Inc-to-Acquire-Twine-Health/default.aspx _______________________ o Campbell-Based Tachyum Lands New Investment from IPM Growth Campbell, Calif. – Tachyum, a Campbell-based developer of intelligent information processing products, said on Tuesday it has landed a new investment from IPM Growth, the venture capital division of InfraPartners Management. Financial terms of the deal were not disclosed. Adrian Vycital, managing partner at IPM, has joined the company's board of directors. Tachyum, which emerged from stealth last year, is creating a family of "cloud chips" designed to save power while boosting performance to help data centers overcome increasing energy demands. "IPM's investment is giving Tachyum a significant boost in our ability to bring our cloud chip to life," said CEO Rado Danilak. "Their established presence in Europe and Asia will help us to more readily deliver radical efficiency improvements that the enterprise and hyperscale markets around the world require in order to sustain and grow." http://tachyum.com http://tachyum.com/pr-2018-02-13.shtml o Briefly Noted: (San Jose, Calif.) San Jose-based Harmonic, a developer of video delivery and cable access virtualization technology, has named David Krall to its board of directors. Kroll, previously the president and chief operating officer (COO) of Roku, currently serves as a strategic advisor to Roku, as well as on the board of directors of Progress Software, Universal Audio and Audinate. https://www.harmonicinc.com/news-events/press-releases/read/harmonic-appoints-david-krall-board-directors/ (San Jose, Calif.) San Jose-based Lumileds, a developer of LED lighting technology for automotive, mobile, IoT and illumination companies, on Tuesday named Cheree McAlpine as its senior vice president and general counsel. McAlpine previously served as the vice president and general counsel at Avnet and Wyse. http://www.lumileds.com https://www.businesswire.com/news/home/20180213005161/en/Lumileds-Appoints-Cheree-McAlpine-SVP-General-Counsel (San Francisco) San Francisco-based Life360, developer of an online network for families, om Tuesday named Brit Morin to its board of directors. Morin is the founder and CEO of digital media company Brit + Co. The company also has named Ariana Hellebuyck, who formerly drove the brand strategy and marketing at NerdWallet and the University of Phoenix, as its vice president of brand marketing. http://www.life360.com https://www.businesswire.com/news/home/20180213006014/en/Life360-Adds-Brit-Morin-CEO-Brit-Board (San Jose, Calif.) San Jose-based online auction giant eBay on Tuesday named Jan Pedersen as its vice president and chief scientist for artificial intelligence (AI). Pedersen most recently served as the vice president of data science at Twitter, and previously spent nearly a decade at Microsoft. In his new role, he will lead the company's AI strategy, including computer vision, natural language understanding and machine learning. https://www.ebayinc.com/stories/news/ebay-hires-jan-pedersen-as-chief-scientist-artificial-intelligence/ 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 > 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/areas-of-expertise _______________________ > Information Technology Project Manager - City of Irvine, California The City of Irvine is seeking a hands-on professional with a keen understanding of technology issues along with a proven track record of contract and project management skills to serve as the next Information Technology Project Manager. Reporting to the CIO, the Information Technology Project Manager will be the acting technical advisor to the City to ensure municipal services are supported by technology solutions that are reliable, modern, and affordable. Overseeing both 8 full-time technical and GIS in-house staff and 30 contract staff, the Information Technology Project Manager is responsible for implementing the Strategic Technology Plan, project management, application development and management of the data center, and support services. The selected candidate will work closely with staff to evaluate the technology needs of the organization on an ongoing basis; make recommendations for changes and improvements; ensure compliance with service standards and quality of work; and oversee all related financial transactions. The ideal candidate will demonstrate the ability to handle multiple projects and maximize efficient and effective use of resources. This position requires a Bachelor's degree in computer science, information systems, or a closely related field. Additionally, 3 years of experience at the level of IT Business Analyst, Senior Systems Analyst, or equivalent is required. The annual salary for this position is $97,572 to $153,441 dependent on qualifications. The City also offers an attractive benefits package including CalPERS Retirement. Interested candidates should apply by Monday, February 26, 2018 by submitting a compelling cover letter and comprehensive resume to apply@ralphandersen.com. Confidential inquiries welcomed to Ms. Heather Renschler at (916) 630-4900. Detailed brochure available at https://www.ralphandersen.com/jobs/information-technology-project-manager-irvine-ca/. _______________________ > Chief Information Officer - Marin County, California Marin County is offering an excellent opportunity for a progressive and strategic leader to act as the Chief Information Officer (Director of Information Services and Technology). Reporting to the County Administrator, the CIO will oversee the Information Services and Technology Department (IST), comprised of 99 budgeted full-time positions and operating on an annual budget of over $22.6M. A key aspect of this position is to lead change, guided by the Department's strategic plan, which articulates the call for innovations to increase the focus on security and accessibility, an open data initiative to encourage greater civic engagement, and a mobile first philosophy for all IST work to expand access to services and applications. Operationally, the department is at a transition point for future development efforts. The ideal candidate will possess a positive demeanor, high levels of collaboration and teamwork, and strong interpersonal skills to instill trust among peers and staff. This position requires a background or education and experience equivalent to graduation from a four-year college with major course work in computer science, information technology, business or public administration, or a closely related field. Additionally, 5 years of experience managing information technology systems is required with at least 3 years senior-level management experience in a public agency. The annual salary for this position is $184,392 to $203,299 dependent on qualifications. The County also offers an attractive benefits package including MCERA Retirement (reciprocal with other 1937 Act county retirement systems). Interested candidates should apply by Wednesday, February 28, 2018 by submitting a compelling cover letter and comprehensive resume to apply@ralphandersen.com. Confidential inquiries welcomed to Ms. Heather Renschler at (916) 630-4900. Detailed brochure available at https://www.ralphandersen.com/jobs/chief-information-officer-director-information-services-technology-marin-county-ca/. _______________________ > 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 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 2018 | |||
Tuesday, February 13, 2018
Bay Area Tech Wire - Feb. 13
Tuesday, November 28, 2017
Bay Area Tech Wire - Nov. 28
| ========================================== BAY AREA TECH WIRE -- Nov. 28, 2017 ========================================== o Cyber Monday Becomes Largest Online Sales Day in History o Elon Musk's SpaceX Raises Another $100 Million in Funding o San Mateo-Based Apttus Names Terry Schmid as CFO o Dictionary.com Names "Complicit" 2017 Word of the Year International Multimedia Telecommunications Consortium - MEF, _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Doing Business With DoD and The INTEL Community - Nov. 28 --Intellectual Property Services / Patent Applications Drafted --Baird - A Global Technology Investment Banking Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com _____________________________________________ o Cyber Monday Becomes Largest Online Sales Day in History San Jose, Calif. -- When the final numbers are in, Cyber Monday is projected to rank as the largest online sales day in history, according to new online shopping data from Adobe. All told, Cyber Monday was expected to rake in $6.59 billion for the day, am increase of nearly 17%, year-over-year. By comparison, Black Friday and Thanksgiving Day brought in $5.03 billion and $2.87 billion in revenue, respectively. Top sellers on Cyber Monday included the Nintendo Switch, PJ Masks and Hatchimals & Colleggtibles figurines, Apple AirPods, streaming devices like Google Chromecast and Roku, and Super Mario Odyssey, the video game. "Shopping and buying on smartphones is becoming the new norm and can be attributed to continued optimizations in the retail experience on mobile devices and platforms," said Mickey Mericle, Adobe's vice president of marketing and customer insights. "Consumers are also becoming more savvy and efficient online shoppers. People increasingly know where to find the best deals and what they want to purchase, which results in less price matching behavior typically done on desktops. Millennials were likely another reason for the dramatic growth in mobile, with 75% expecting to shop via their smartphone." http://news.adobe.com/press-release/experience-cloud/adobe-data-shows-cyber-monday-largest-online-sales-day-history-659 _____________________________________________ o S.F.-Based Unity Technologies to Acquire Multiplay from GAME Digital San Francisco -- Unity Technologies, the San Francisco-based maker of a development platform used to create rich interactive 2D, 3D, VR and AR experiences, said on Tuesday it will pay approximately $25.1 million to acquire Multiplay and its game hosting business from U.K.-based GAME Digital. GAME will retain its events business and associated IP. "The team at Multiplay have created scalable multiplayer technology that gives all game creators, from indies to AAA studios, the ability to create performant experiences that can serve hundreds of thousands of players at once," said Unity CEO John Riccitiello. Multiplay serves games including Titanfall 2 (Respawn Entertainment/Electronic Arts), Rocket League (indie developer Psyonix) and Rust (Facepunch Studios). Multiplay will continue to operate under its current brand, with its entire staff joining Unity. https://unity3d.com/ http://www.businesswire.com/news/home/20171128005627/en/Unity-Technologies-Acquires-Game-Hosting-Division-Multiplay _____________________________________________ o Elon Musk's SpaceX Raises Another $100 Million in Funding Hawthorne, Calif. -- SpaceX, the Hawthorne-based space exploration startup led by Tesla co-founder Elon Musk, said it has raised another $100 million, increasing its latest funding round to $450 million. Twenty-five investors took part in the round, according to documents filed with the Securities and Exchange Commission (SEC). The latest news comes three months after the company -- now valued at $21.5 billion, according to Equidate -- raised the initial $350 million of the round. SpaceX has developed rockets capable of taking off, delivering a payload, then landing back on a platform in the Atlantic Ocean. Musk also recently outlined plans to launch thousands of satellites into orbit to create a massive high-speed Internet network. https://www.sec.gov/Archives/edgar/data/1181412/000118141217000002/xslForm DX01/primary_doc.xml _____________________________________________ o San Mateo-Based Apttus Names Terry Schmid as CFO San Mateo, Calif. -- Apttus, the San Mateo-based developer of cloud software that drives the business process between a buyer's interest in a purchase and the realization of revenue, on Tuesday named Terry Schmid as its chief financial officer (CFO). Schmid for the past seven years served as the CFO of Imperva, guiding that company through its 2011 initial public offering (IPO). He previously was the CFO at Coremetrics, which was acquired by IBM. The hire is key for a company that has raised $274 million since its inception, including $88 million in a round last year, and is looking ahead to the possibility of an IPO. "Terry's proven experience of helping high growth technology companies expand on a global basis meshes perfectly with Apttus' current evolution and future growth strategy," said CEO Kirk Krappe. http://www.apttus.com https://apttus.com/press_room/apttus-appoints-terry-schmid-chief-financial-officer/ _____________________________________________ o Dictionary.com Names "Complicit" 2017 Word of the Year Oakland -- Dictionary.com on Monday named "complicit" as its 2017's Word of the Year, after online lookups of the word on its site spiked three-fold. The site defines the word, which has been featured in the coverage of several major news stories, as "choosing to be involved in an illegal or questionable act, especially with others." "Lookups for the word complicit increased by nearly 300 percent in searches in 2017 as compared to 2016," said CEO Liz McMillan, CEO. "We continue to see a direct correlation between trending word lookups and current events." Other words that trended during the year included: "intersex" (in January), thanks to model Hanne Gaby Odiele speaking up about being intersex to break taboos; "shrinkage" (in February), because the house featured on the famous episode of Seinfeld where this term was introduced was placed on the market; "tarnation" (in the first few months of 2017), due to the "What in tarnation" meme, in which people circulated images of animals and objects wearing cowboy hats; "horologist" (this year), thanks to the subject of the podcast S-Town, who worked as a clockmaker; and "totality" (in August), in relation to the solar eclipse. http://www.dictionary.com/ https://www.prnewswire.com/news-releases/dictionarycom-names-complicit-2017-word-of-the-year-300560669.html _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based app design and development firm ArcTouch has named Chris Reichard as its executive vice president of enterprise mobility. Reichard, a former robotics and space flight engineer at NASA through Lockheed Martin Space Mission Systems, most recently served as the director of mobility solutions at Schlumberger. https://arctouch.com/2017/11/app-maker-chris-reichard/ (San Francisco) San Francisco-based Zendesk, a developer of software designed to help companies improve customer engagement and better understand their clients, has named Mike Frandsen to its board of directors. Frandsen currently serves as the executive director of products at Workday, and previously was the CEO of Potenco and TradePoint Solutions. https://www.zendesk.com/company/press/zendesk-adds-workday-executive-mike-frandsen-board-directors/ (Sunnyvale, Calif.) Sunnyvale-based Arctic Wolf Networks, a provider of cybersecurity services to small and mid-sized businesses, said on Tuesday it has opened new offices in Eden Prairie, Minn. The company, which had 300% year-over-year growth, plans to house 30-40 employees at the office within the first year. https://arcticwolf.com/company/contact-us/?Referrer=Website (San Jose, Calif.) San Jose-based enterprise cloud computing company Nutanix has named Tyler Wall as its chief legal officer. Wall most recently was the senior vice president and general counsel at San Francisco-based Red Book Connect, and previously was the vice president, general counsel, chief compliance officer and corporate secretary of Brocade. https://www.nutanix.com/company/press-releases/ (San Ramon, Calif.) The San Ramon-based International Multimedia Telecommunications Consortium (IMTC), an industry organization promoting the development of interoperable, real-time, multimedia telecom products and services, said on Tuesday it will merge with MEF. IMTC said its key activities will continue to be available through the MEF, including the organization's annual SuperOp! testing event and its ongoing work on simulcast and scalable video, real-time media software-defined networks, WebRTC and the Internet of Things. http://www.imtc.org/ http://www.businesswire.com/news/home/20171128005052/en/IMTC-Finalizes-Merger-MEF =================================================== 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 > NOV 28 - DOD and INTEL Agency - Contracting Conference 2nd Annual "Doing Business With DoD and The INTEL Community" (Conference) - Tuesday NOV 28 - 730am-1230pm - GMU Arlington Campus - AGENDA, SPEAKERS, TICKETS AT https://dodintel2017.eventbrite.com _____________________________________________ > 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
|
Monday, November 27, 2017
Bay Area Tech Wire - Nov. 27
| ========================================== BAY AREA TECH WIRE -- Nov. 27, 2017 ========================================== o Campbell-Based Barracuda Networks to Go Private in $1.6 Billion Deal o San Mateo-Based Medeor Therapeutics Raises $57 Million in Second Round o San Mateo-Based PacketZoom Raises $5 Million in First Round o Santa Clara-Based McAfee to Acquire Campbell's Skyhigh Networks o Cyber Monday Shoppers Getting Brazen About Shopping at Work _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Doing Business With DoD and The INTEL Community - Nov. 28 --Intellectual Property Services / Patent Applications Drafted --Baird - A Global Technology Investment Banking Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com _____________________________________________ o Campbell-Based Barracuda Networks to Go Private in $1.6 Billion Deal Campbell, Calif. -- Barracuda Networks, a Campbell-based provider of cloud-enabled security and data protection services, said on Monday it will go private though a $1.6 billion acquisition by San Francisco-based private equity firm Thoma Bravo. The deal, for $27.55 a share, is expected to close by the end of February. "We believe the proposed transaction offers an opportunity for us to accelerate our growth," said CEO BJ Jenkins. "This transaction speaks to the value and strength of Barracuda's security platform, which helps customers protect and manage their networks, applications, and data. I expect that our employees, customers and partners will benefit from this partnership." Barracuda will operate as a privately held company with a continued focus on email security and management, network and application security, and data protection tools that can be deployed in cloud and hybrid environments. http://www.barracuda.com http://www.thomabravo.com https://www.prnewswire.com/news-releases/barracuda-agrees-to-be-acquired-by-thoma-bravo-for-16-billion-300561780.html _____________________________________________ o San Mateo-Based Medeor Therapeutics Raises $57 Million in Second Round San Mateo, Calif. -- Medeor Therapeutics, a San Mateo-based biotechnology company developing personalized cellular immunotherapies, said on Monday it has raised $57 million in its second round of funding, led by RA Capital Management. Sofinnova Ventures and 6 Dimensions Capital also participated, along with previous backers Vivo Capital and WuXi Healthcare Ventures. Peter Kolchinsky, portfolio manager and managing director at RA Capital, and Anand Mehra, general partner at Sofinnova Ventures, have joined the company's board of directors. The company said it will use the funds to support a pair of clinical trials involving kidney transplant patients, and begin development on two new related drugs. "Since Medeor's inception, we have worked to bring our potentially transformative programs to the point of pivotal clinical trials," said co-founder and CEO Steven Deitcher. "We appreciate the capital and intellectual firepower from our new and existing investors in support of these efforts." http://www.medeortherapeutics.com https://www.prnewswire.com/news-releases/medeor-therapeutics-raises-57-million-in-series-b-financing-300561638.html _____________________________________________ o San Mateo-Based PacketZoom Raises $5 Million in First Round San Mateo, Calif. -- PacketZoom , a San Mateo-based developer of in-app mobile networking technology, said it has raised $5 million in its first round of funding, led by Baseline Ventures. First Round Capital, Tandem Capital and Arafura Ventures also took part in the round, which the company will use to scale the development and adoption of its Application Performance Management and Optimization (APMO) platform. Specifically, PacketZoom plans to open offices in Southeast Asia, Europe and Latin America, as well as fill key positions on its executive team. "Poor network quality causes mobile app publishers operational challenges and costs them millions in lost monetization opportunities," said CEO Shlomi Gian. "Our platform provides mobile app developers with real-time insights, control and optimization capabilities without needing to make any code changes." http://www.packetzoom.com https://www.packetzoom.com/press-releases/packetzoom-raises-5-million-series-A-funding.html _____________________________________________ o Santa Clara-Based McAfee to Acquire Campbell's Skyhigh Networks Santa Clara, Calif. -- McAfee, the Santa Clara-based cybersecurity giant, said on Monday it will acquire Campbell-based Skyhigh Networks, a developer of technology designed to protect data across all cloud services. Financial terms of the deal, expected to close shortly, were not disclosed. Skyhigh CEO Rajiv Gupta will join McAfee, running its new cloud business unit, and the company's existing organizational structure will remain generally intact. "Skyhigh Networks had the foresight five years ago to realize that cybersecurity for cloud environments could not be an impediment to, or afterthought of, cloud adoption," said McAfee CEO Chris Young. "Skyhigh's leadership in cloud security, combined with McAfee's security portfolio strength, will set the company apart in helping organizations operate freely and securely to reach their full potential." http://www.mcafee.com/ https://www.skyhighnetworks.com http://www.businesswire.com/news/home/20171127005280/en/McAfee-Acquire-Skyhigh-Networks-Creating-Global-Leader _____________________________________________ o Thanksgiving, Black Friday Each See 20% Jump in Online Sales Reston, Va. -- Thanksgiving Day and Black Friday each saw large increases in e-commerce spending, according to a new report from comScore. Online sales on Thanksgiving jumped 22% to $1.57 billion, while Black Friday sales spiked 20% to $2.36 billion, for the first time surpassing $2 billion from desktop sales alone. "Thanksgiving and Black Friday each saw impressive online spending totals… adding to the holiday season's fast start compared to 2016," said Andrew Lipsman, comScore's senior vice president of marketing and insights. "With more consumers opting to kick off their holiday shopping online on Thanksgiving, the traditional day of giving thanks has also become one of the more important online buying days of the holiday season. Black Friday continued the online shopping frenzy, surging to an all-time high of more than $2 billion in desktop spending." comScore expects Cyber Monday to surpass the $3 million mark in desktop spending and reach $4.5 billion in overall digital sales to become the leading online spending day for the eighth consecutive year. http://www.comscore.com https://www.prnewswire.com/news-releases/thanksgiving-and-black-friday-post-strong-e-commerce-growth-combining-for-more-than-39-billion-in-desktop-spending-300561849.html _____________________________________________ o Cyber Monday Shoppers Getting Brazen About Shopping at Work Austin, Texas -- Cyber Monday shoppers have gotten more brazen about shopping while on the clock, according to a new survey from RetailMeNot.com. More than 62% of employed consumers who plan to shop this holiday season said they would spend at least part of their workday shopping online. What's more, more than 54% said they are willing to get caught shopping while on the clock. More than one in four said they planned to take a long lunch on Cyber Monday, while 9% would reschedule meetings or calls and 9% would leave work early. Nearly 12% said they planned to take the entire day off to pursue the best online deals. http://retailmenot.mediaroom.com/2017-11-27-Consumers-Getting-Brazen-About-Shopping-on-the-Clock-on-Cyber-Monday _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based NewVoiceMedia, a provider of cloud contact center and inside sales technology, has named Chris Haggis as its senior vice president of customer success. Haggis, who has been with the company for more than five years, will have global responsibility for the company's customer success and professional services functions. He will be based in the UK. http://www.newvoicemedia.com http://www.businesswire.com/news/home/20171127005138/en/NewVoiceMedia-Strengthens-Leadership-Team-Appointment-SVP-Customer (San Francisco) San Francisco-based Nektar Therapeutics, a biopharmaceutical firm developing drugs to treat cancer, auto-immune disease and chronic pain, has announced three executive promotions. The company has named Stephen Doberstein as its senior vice president of research and development and chief research and development officer; Mary Tagliaferri as its senior vice president of clinical development and chief medical officer; and Jonathan Zalevsky as its senior vice president of research and chief scientific officer. http://ir.nektar.com/releasedetail.cfm?ReleaseID=1049694 (San Francisco) San Francisco-based Ripple, a developer of blockchain technology designed to let users send money globally, has named Ron Will as its chief financial officer (CFO). Will most recently served as the CFO of TubeMogul, which recently was acquired by Adobe, and earlier served as the CFO, chief commercial officer and operating partner at growth equity firm Mainsail Partners. The company also named Benjamin Lawsky, the former New York superintendent of financial services, to its board of directors. https://ripple.com/ http://www.businesswire.com/news/home/20171121005269/en/Ripple-Appoints-New-York-State-Superintendent-Financial (San Mateo, Calif.) Model N, a developer of cloud-based revenue management software for life sciences, technology and manufacturing companies, said on Monday it has moved to new offices in San Mateo and Waltham, Mass. The company said the new offices are located close to regional transportation hubs, and both feature open floor plans and collaborative workspaces. http://www.modeln.com http://www.businesswire.com/news/home/20171127005253/en/Model-Moves-New-Offices-Silicon-Valley-Waltham =================================================== 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 > NOV 28 - DOD and INTEL Agency - Contracting Conference 2nd Annual "Doing Business With DoD and The INTEL Community" (Conference) - Tuesday NOV 28 - 730am-1230pm - GMU Arlington Campus - AGENDA, SPEAKERS, TICKETS AT https://dodintel2017.eventbrite.com _____________________________________________ > 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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Tuesday, November 21, 2017
Bay Area Tech Wire - Nov. 21
| ========================================== BAY AREA TECH WIRE -- Nov. 21, 2017 ========================================== o Francisco Partners Closes New $4 Billion Technology Fund o FCC Set to Roll Back Obama-Era Net Neutrality Rules o San Francisco-Based Sendwithus Raises $5 Million in First Round o Justice Department Sues to Block AT&T Acquisition of Time Warner > Baird - A Global Leader in Technology Banking o Briefly Noted: Symphony Ventures. Super Micro Computer - Nasdaq _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Doing Business With DoD and The INTEL Community - Nov. 28 --Intellectual Property Services / Patent Applications Drafted --Baird - A Global Technology Investment Banking Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com _____________________________________________ o Francisco Partners Closes New $4 Billion Technology Fund San Francisco -- Francisco Partners, a San Francisco-based private equity firm focused on investing in technology businesses, said it has closed a new fund worth nearly $4 billion -- its largest to date. The firm, which now has raised over $14 billion in committed capital since its inception 18 years ago, said Francisco Partners V will continue its strategy of partnering with management teams and investing in companies across the technology ecosystem. "The technology market continues to undergo substantial change creating tremendous opportunities for both incumbents and those creating disruption," said Dipanjan "DJ" Deb, Francisco's co-founder and CEO. Recent FP investments include a partnership with Ericsson through iconectiv, the acquisition of Quest and SonicWALL through the carve-out of Dell Software Group, partnering with health insurance companies with the first outside capital in Availity, and investing in dozens of founder-backed technology companies, including Dynamo and GoodRx. The firm has 45 investment professionals in San Francisco and London, and utilizes 12 operating partners through its relationship with Francisco Partners Consulting. https://www.franciscopartners.com http://www.businesswire.com/news/home/20171120005923/en/Francisco-Partners-Closes-FP-3.975-Billion _____________________________________________ o FCC Set to Roll Back Obama-Era Net Neutrality Rules Washington, DC -- The Federal Communications Commission (FCC) on Tuesday outlined plans to roll back Obama-era "net neutrality" rules, potentially allowing Internet companies to speed up websites that pay for faster service, and throttle those that don't. The Restoring Internet Freedom Order, drafted by FCC Chairman Ajit Pai, is set to be voted on by the entire commission on Dec. 14. "For almost 20 years, the Internet thrived under the light-touch regulatory approach established by President Clinton and a Republican Congress," wrote Pai. "But in 2015, the prior FCC bowed to pressure from President Obama. On a party-line vote, it imposed heavy-handed, utility-style regulations upon the Internet. That decision was a mistake. It's depressed investment in building and expanding broadband networks and deterred innovation… Under my proposal, the federal government will stop micromanaging the Internet." Instead, Pai said the FCC would only require that Internet service providers be transparent about their practices so that consumers can buy the service plans that beast suit their needs. In addition, the Federal Trade Commission (FTC) once again would be able to police ISPs, as it did before 2015. Pai vowed to publicly release his full proposal on Wednesday. https://www.fcc.gov/document/chairman-pai-proposes-restore-internet-freedom _____________________________________________ o San Francisco-Based Sendwithus Raises $5 Million in First Round San Francisco -- Sendwithus, the San Francisco-based developer of a communications management platform that lets organizations streamline their email creation process, said on Tuesday it has raised $5 million in its first round of funding, led by BlueRun Ventures. Initialized Capital and acequía capital also participated, along with previous backers Baseline Ventures, SV Angel, Maiden Lane, Y Combinator and Scott Banister. Cheryl Cheng, a general partner at BlueRun, has joined the company's board of directors. Four-year-old Sendwithus said it will use the proceeds to further expand its sales, marketing and engineering teams. "We are excited to partner with BlueRun Ventures, and to have Cheryl join our board and share her expertise as we look to take the company to the next level, building on the strong momentum we have created over the past four years," said co-founder and CEO Matt Harris. The company's product, designed to help clients deliver global, on-brand, targeted transactional emails, is utilized by companies such as Microsoft, Autodesk, Zillow and Blue Apron. http://www.sendwithus.com https://www.sendwithus.com/press-releases/11-21-17 _____________________________________________ o Justice Department Sues to Block AT&T Acquisition of Time Warner Washington, DC -- The Justice Department said late Monday it has filed suit to block AT&T's proposed $85.4 billion acquisition of Time Warner, citing a stifling of competition that would lead to higher prices for customers. According to the complaint, filed in the U.S. District Court for the District of Columbia, the DOJ alleges that the combined company would use its control over Time Warner's networks -- such as TBS, TNT, CNN, Cartoon Network, HBO and Cinemax -- to force rivals into paying hundreds of millions of dollars more a year in distribution rights. The department also warned that the combined company would slow the industry's transition to new video distribution models that provide greater choice for consumers. "This merger would greatly harm American consumers," said Makan Delrahim, assistant attorney general of the DOJ's antitrust division. "It would mean higher monthly television bills and fewer of the new, emerging innovative option that consumers are beginning to enjoy." In response, David McAtee II, AT&T's senior executive vice president and general counsel, called the suit "a radical and inexplicable departure from decades of antitrust precedent," adding that "vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market." https://www.justice.gov/opa/pr/justice-department-challenges-attdirectv-s-acquisition-time-warner http://about.att.com/story/att_statement_on_latest_developments_in_proposed_ acquisition_of_time_warner_inc.html _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| > 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: (San Francisco) Symphony Ventures, a U.K.-based services firm specializing in robotic process automation and intelligent automation, with U.S. offices in San Francisco, on Tuesday named Chris Gayner as its director of labs, leading the company's Symphony Labs arm. Gayner previously served as the marketing director at Genfour (now Accenture). Launching in early 2018, Symphony Labs will explore burgeoning trends in business automation through experimentation and collaboration. http://info.symphonyhq.com/symphonylabs http://www.businesswire.com/news/home/20171121005164/en/Symphony-Ventures-Appoints-RPA-Industry-Veteran-Chris (San Jose, Calif.) San Jose-based Super Micro Computer, a developer of server, storage technology and green computing, said it has received notice from the Nasdaq that it has fallen out of compliance with a listing rule that requires the timely filing of reports with the SEC. The letter was sent in response to the company's delay in filing its quarterly report for the period ending Sept. 30 and annual report for the year ending June 30. Super Micro submitted a plan to the Nasdaq to regain compliance on Nov. 10, and could be given until March 12 to do so. http://www.businesswire.com/news/home/20171120006096/en/Super-Micro-Computer-Announces-Receipt-Non-Compliance-Letter =================================================== 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 > NOV 28 - DOD and INTEL Agency - Contracting Conference 2nd Annual "Doing Business With DoD and The INTEL Community" (Conference) - Tuesday NOV 28 - 730am-1230pm - GMU Arlington Campus - AGENDA, SPEAKERS, TICKETS AT https://dodintel2017.eventbrite.com _____________________________________________ > 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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