| ============================================ BAY AREA TECH WIRE -- Feb. 22, 2012 ============================================ To Subscribe: www.bayareatechwire.com o Palo Alto-Based Wheelz Lands $13.7 Million in Round Led by Zipcar o Mountain View-Based Synopsys Completes Deal for Magma Design Automation o States Seek to Halt Google Privacy Changes in Letter to CEO o LendingTree Opens New Marketing Headquarters in Burlingame o Vox Media Launches Video Game Hub on The Verge o Briefly Noted: Merriman Capital - CUI Global, LeoNovus _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Webinar! Best Practices in Mobile Marketing --How to Understand the Digital Differences to Succeed in Business --Clean Energy & Smart Grid Directory - Special Limited-Time Discount Offer --Enterprise Sales Manager --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 Palo Alto-Based Wheelz Lands $13.7 Million in Round Led by Zipcar Palo Alto, Calif. – Wheelz, the Palo Alto-based developer of a peer-to-peer car sharing service targeting college campuses, said on Wednesday it has raised $13.7 million in its first round of funding, led by car-sharing network Zipcar. Fontinalis Partners also participated. Scott Griffith, the chairman and CEO of Zipcar, and Mark Schulz, founding partner at Fontinalis, have joined the company's board. "Zipcar knows and understands the business complexities of car sharing better than anyone on the planet; we will benefit tremendously from this expertise as we continue to grow," said founder and CEO Jeff Miller. Wheelz's platform is designed to connect students who own cars with students who need them, allowing owners to earn extra money. The company's service is currently available at Stanford, and is launching soon at UC Berkeley, USC and UCLA. http://wheelz.com http://www.zipcar.com http://wheelz.com/pages/zipcar_press_release _____________________________________________ o Mountain View-Based Synopsys Completes Deal for Magma Design Automation Mountain View, Calif. -- Synopsys, a Mountain View-based provider of electronic design automation (EDA) software and services, said on Wednesday it has completed its acquisition of San Jose-based Magma Design Automation in a deal worth approximately $523 million. Under the agreement, first announced in December, Synopsys paid $7.35 a share in cash. Magma's EDA software is used by major semiconductor manufacturers to complex integrated circuits. Founded in 1997, the company has around 700 employees, and generated $35.3 million in revenue during the quarter ended July 31. Clients include Broadcom, LSI Logic, Marvell, NEC, NVIDIA, Qualcomm, Samsung, Texas Instruments and Toshiba. Rajeev Madhavan, Magma's founder, chairman and CEO, will not join Synopsys. http://www.synopsys.com/ http://www.magma-da.com/ http://synopsys.mediaroom.com/index.php?s=43&item=1001 _____________________________________________ o States Seek to Halt Google Privacy Changes in Letter to CEO Mountain View, Calif. -- Attorneys General from 36 U.S. states and territories, including California, on Wednesday expressed their concerns about recently announced changes to the privacy policy of Mountain View-based Google, sending a letter to CEO Larry Page. The AGs have requested a meeting with Page, and have given the company a week to respond. The changes, scheduled to automatically take effect on March 1, essentially would allow Google to take the personal information it collects when consumers use one of its services, and share it with all of the company's other services. "Our offices litigate cases of identity fraud with regularity, and it seems plain to us that Google's privacy policy changes, which suggest your company's intent to create richer personal data profiles, pose the risk of much more damaging cases of identity theft and fraud when that data is compromised," said the letter, authored by Maryland Attorney General Doug Gansler. "With this newly consolidated bank of personal data, we foresee potentially more severe problems arising from any data breach." http://www.oag.state.md.us/Press/2012/022212a.html http://www.naag.org/assets/files/pdf/signons/20120222.Google%20Privacy%20Policy%20Final.pdf (PDF of letter) _____________________________________________ o LendingTree Opens New Marketing Headquarters in Burlingame Burlingame, Calif. -- LendingTree, the North Carolina-based developer of an online marketplace that connects consumers with multiple lenders, said on Wednesday it has opened its new marketing headquarters in Burlingame. "With the Bay Area being the epicenter of technology and innovation, LendingTree saw an opportunity to expand our marketing team and tap into the Silicon Valley talent pool," said CEO Doug Lebda. The company said it has assembled a 20-person marketing team, led by CMO Gabe Dalporto, who joined the company last April. "We now have a permanent address where our team of marketers and designers can collaborate and communicate more efficiently in an area that gives employees quick access to San Francisco, the Valley and the East Bay," said Dalporto. http://www.lendingtree.com http://www.prnewswire.com/news-releases/lendingtree-opens-new-marketing-headquarters-in-san-franciscos-bay-area-139994253.html _____________________________________________ o Vox Media Launches Video Game Hub on The Verge Washington, DC -- Vox Media, the media company known until late last year as SB Nation, said it has launched a new video game hub, featuring breaking news, features and reviews. The content is currently available as part of The Verge, the company's recently launched technology site, but is expected to launch as a standalone site later this year. "As I told you back at the beginning of January, gaming coverage was coming to our network in a very real (and frankly sexy) manner via the recently formed supergroup of Vox Games," wrote Joshua Topolsky, editor-in-chief of The Verge and former editor-in-chief of AOL's Engadget. "Right off the bat, I think it's pretty clear that the Vox Games crew will be producing the kind of intelligent content that you can't find just anywhere on the Internet." Initial features on the site cover subjects such as an unearthed Call of Duty title that never made it to market and how some states require fingerprinting to sell used games. http://www.theverge.com/about-vox-games http://www.theverge.com/2012/2/21/2814091/vox-games-enters-alpha-at-the-verge _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based investment banking firm Merriman Capital said on Wednesday it acted as lead manager in a $10 million equity raise for Oregon-based CUI Global, a developer of energy and digital power technology. In a related move, CUI is now listed and trading on the Nasdaq Capital Market. The company said it will use the proceeds for working capital, to pay down debt and to rapidly bring new technology to the market. http://www.merrimanco.com http://finance.yahoo.com/news/CUI-Global-Inc-Announces-bw-802801105.html?x=0 (Palo Alto, Calif.) Palo Alto-based LeoNovus, developer of a new browser-based Internet platform for HDTVs and other consumer electronic devices, said it plans to raise $3 million through a private placement in Canada. The company plans to sell 20 million shares for $0.15 each, using the proceeds for general corporate purposes. http://www.leonovus.com http://www.newswire.ca/en/story/925269/leonovus-announces-private-placement-agreement =================================================== 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 > Webinar! Best Practices in Mobile Marketing Mobile adoption increased by 53% between 2011 and 2012. Mobile ad spending is expected to grow by 48% in the next year. What makes the mobile channel so unique? And what's the right mobile strategy for your organization? In this live webinar by NavigationArts, learn tips for what platform and strategy your company should be using for a successful mobile marketing campaign. Thursday, March 1st, 1pm EST Learn more and register at http://www.navigationarts.com Send inquiries to cmullen@navigationarts.com ____________________________________________ > Generation Gaps: How to Understand the Digital Differences to Succeed in Business Facebook, smartphones, up-to-the-minute updates of what you ate for lunch – where do we begin? In the last decade, digital technologies have taken our personal and professional worlds by storm. One generation in particular – the twenty-something “digital natives” – have made this type of communication the norm and have forced the rest of the world to pay attention. In her article, The Digital Native: Five Things to Know About This Generation to Succeed in Business, Michelle Manfy investigates ways to embrace the capabilities of this generation and utilize this digital culture. To better understand how to communicate with your workforce, and most importantly, your consumer, click here (link to white paper). And don’t miss the Age Wave Conference, coming MONTH DAY, presented by the Fairfax County Economic Development Authority to explore how businesses are changing to keep older employees at work and changing products for a graying population. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > Clean Energy & Smart Grid Directory - Special Limited-Time Discount Offer Tech Wire’s directory group has just published the 2012 edition of the Clean Energy & Smart Grid Directory, which profiles nearly 1,000 of the most cutting-edge organizations in the renewable energies and smart grid sectors in the U.S. and Canada. It also provides contact info on over 4,000 of the key individuals leading these exciting organizations, as well as details on their financial backers. The Clean Energy & Smart Grid Directory is a great tool for investors, recruiters, job seekers, sales and business development pros looking for new opportunities in this burgeoning industry. The new product is currently available to Tech Wire readers for a special, limited-time discount of 20%, now through Feb. 15. For more information go to: http://www.smartenergygroup.org ____________________________________________ > Enterprise Sales Manager If you're considering a change, this may finally be your motivation. NovaStor (www.novastor.com) is searching for an Enterprise Sales Manager to take on a ground floor opportunity selling enterprise backup solutions in a market where storage growth is exponential year over year. The product has a long history of success within top reference accounts and scales well beyond competitive solutions. NovaStor is seeking a self motivated and driven individual who is capable of spearheading the introduction of this German engineered solution to a broader US market through channel initiatives (employees from competitors – Commvault, Atempo, Quest/Bakbone, NetBackup and EMC Legato are welcome). Within this trailblazing role, you will be instrumental in shaping the future of NovaStor and have unlimited earning potential. You will be part of a brilliant team of entrepreneurially driven talent and will be counted on for your creativity and direction. Picture yourself in a dream location, nestled in Agoura Hills California just minutes away from the beaches of Malibu and year round sunshine. You have the opportunity to have your voice heard, make decisions quickly, influence the success of a business, be surrounded by others with the same goal, be appreciated for the work you’re doing and be part of something BIG! NovaStor is prepared to wait for the best, but is looking to fill this role immediately and is offering a competitive package with full benefits and plenty of opportunity for future advancement. Send resumes to mike.andrews@novastor.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: Potomac Tech Wire: http://www.potomactechwire.com Bay Area Tech Wire: http://www.bayareatechwire.com New England Tech Wire: http://www.newenglandtechwire.com Digital Media Wire: http://www.digitalmediawire.com Advertising: If you are interested in advertising in our newsletters, call Parul Nath at 1-301-656-0057 xt 1102 or send email to parul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: 325 Pennsylvania Ave. SE Suite 250 Washington, DC 20003 Copyright: CapWire Inc. 2012 |
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