Wednesday, March 21, 2012

Bay Area Tech Wire -- March 21

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BAY AREA TECH WIRE -- March 21, 2012
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Sponsored By: Executive Briefing - Product Portfolio Management
http://www.proficientz.com/portfolio-mgmt-executive-briefing.html

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Redwood City-Based myoscience Raises $33 Million in Fourth Round
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Broadcom to Acquire Santa Clara-Based BroadLight for $195 Million
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Palo Alto-Based Buysight Raises $8 million in Second Round
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Palo Alto-Based CTERA Networks Closes New Round of Funding
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Santa Clara-Based Polaris Design Systems Acquires Assets from IRIS
o Nielsen: Obama Site Outdrawing Top Republican Contenders
> Proficientz Executive Briefing - Product Portfolio Management
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Briefly Noted: Onset Ventures, NetSuite, MIMVI,
Applied Materials - Clean Tech Competition, Keynote Systems

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

--Executive Briefing - Product Portfolio Briefing
--SkySQL & MariaDB Solutions Day for the MySQL Database - April 13th
--Marketing Events Coordinator
--Senior Manager, eCommerce – Redwood City, CA
--Account Manager
--Sr. Financial Analyst
--Mid-Atlantic Marketing Summit - April 20, 2012
--How to Navigate the Challenges of the New Workforces
--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
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o Redwood City-Based myoscience Raises $33 Million in Fourth Round

Redwood City, Calif. -- myoscience, a Redwood City-based developer of medical device company whose focused cold therapy is used to treat conditions involving nerves, said on Wednesday it has raised $33 million in its fourth round of funding, and expects to also close another $12 million tranche in the coming weeks. Previous backers Accuitive Medical Ventures, American Equities Overseas, DeNovo Ventures, Medicis Capital, Nexus Medical Partners, Saratoga Ventures and Valiance participated in the round, which the company will use to commercialize products in Europe. "We look forward to commercializing our aesthetic indication in Europe, and believe that our natural, non-toxin approach will expand the entire category by pulling toxin-averse patients off the sidelines and into the doctor's office," said Clint Carnell, the president and CEO of myoscience.
http://www.myoscience.com 
http://www.marketwatch.com/story/myoscience-closes-33-million-series-d-financing-2012-03-21 
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o Broadcom to Acquire Santa Clara-Based BroadLight for $195 Million

Santa Clara, Calif. -- Broadcom, an Irvine developer of communications chips, said on Wednesday it will pay $195 million to acquire Santa Clara-based BroadLight, a maker of networking and fiber access PON (Passive Optical Network) processors. The value of the deal, which is expected to close by the end of June, could rise by as much as $10 million if BroadLight meets certain performance goals. Broadcom said the acquisition will expand its broadband access portfolio to support customers rolling out next-generation fiber networks. "The need for increased bandwidth for IPTV services, HDTV broadcasting and high speed Internet access are driving momentum for deploying fiber networks," said Dan Marotta, the executive vice president and general manager of Broadcom's Broadband Communications Group. "Combining BroadLight's PON solutions with the strength of Broadcom's broadband access portfolio will enable us to offer a complete, end-to-end solution for customers."
http://www.broadcom.com 
http://www.broadlight.com
http://www.broadcom.com/press/release.php?id=s658602 
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o Palo Alto-Based Buysight Raises $8 million in Second Round

Palo Alto, Calif. -- Buysight, a Palo Alto-based developer of ad targeting technology, said on Wednesday it has raised $8 million in its second round of funding, co-led by previous backers Onset Ventures and Rembrandt Venture Partners. The company now has raised $18 million since its inception in 2008. "We are continuing to invest in our… advertising platform, growing our engineering and operations teams and expanding our sales force," said CEO Armin Ebrahimi. "While retargeting -- our core offering -- has been recognized in the advertising industry as a must-do marketing tactic for driving retail sales, it is only now being built into the plans of the vast majority of online retailers, and we see huge growth for us in the months and years ahead." The company said it will be relocating to larger offices in Sunnyvale next month, to accommodate growth, and plans to nearly double its employee base over the next nine months. Buysight also on Wednesday named Brian Ball as its vice president of business operations and account management. Ball was previously the senior vice president and general manager of application delivery networking at Blue Coat Systems, and earlier was Microsoft's CTO in the EMEA region.
http://www.buysight.com 
http://www.buysight.com/media-room/press-releases/2012/Mar/21/buysight-completes-series-b-financing/ 
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o Palo Alto-Based CTERA Networks Closes New Round of Funding

Palo Alto, Calif. -- CTERA Networks, a Palo Alto-based provider of cloud storage and data protection services to businesses, said on Wednesday it has closed a new round of funding led by Venrock. Cisco and previous backer Benchmark Capital also participated in the round, which the company will use to expand its team and address growing international demand for its products. Financial terms of the round were not disclosed. Ray Rothrock, a partner at Venrock, will join CTERA's board of directors. The company said its technology is designed to accelerate the deployment of cloud services and eliminate costs associated with file servers, backup servers and tape drives.
http://www.ctera.com
http://www.ctera.com/home/ctera-networks-completes-new-investment-round-from-venrock-benchmark-capital-and-cisco.html 
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o Santa Clara-Based Polaris Design Systems Acquires Assets from IRIS

Santa Clara, Calif. -- Polaris Design Systems, a Santa Clara-based developer of hardware-enabled semiconductor verification tools, said on Wednesday it has acquired the ASIC/SoC (Application Specific Integrated Circuit/System on Chip) prototyping assets of IRIS Technologies. Financial terms of the deal were not disclosed. IRIS had developed and marketed multiple generations of Altera FPGA-based ASIC prototyping tools since 2006. Polaris said it will continue to engineer, market and support the Altera Stratix family of ASIC/SoC prototyping solutions
http://www.polaris-ds.com/ 
http://www.businesswire.com/news/home/20120320006418/en/Polaris-Design-Acquires-ASICSoC-Prototyping-Business-IRIS 
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o Nielsen: Obama Site Outdrawing Top Republican Contenders

New York -- With the race for the White House heating up, President Obama appears to be leading the way, at least on the Internet. According to new figures from Nielsen, Obama's official campaign site drew more adult visitors in January than the four Republican candidates' sites combined. Among the top Republican contenders, women made up more than 60% of visitors to Rick Santorum's site, the largest male/female split among the candidates, while only Ron Paul's and Newt Gingrich's sites drew more men than women (56% and 51%, respectively). Paul, the oldest of the 2012 presidential candidates, also has the youngest visitors, with more than a third ages 18-34.
http://blog.nielsen.com/nielsenwire/online_mobile/the-race-for-campaign-site-visitors/ 
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> Executive Briefing -- Product Portfolio Management

It's a fact! As your product portfolio grows, the market impact of your organization can quickly become diluted because traditional product management practices focus on improving the performance of each product. As development, marketing and sales resources are spread thinner across more products, the impact of each product, and the market impact of your organization diminish.

Executives and Senior Managers are invited to attend an Executive Briefing to learn how a Product Portfolio Management model improves your market value by uncovering and solving bigger problems beyond the limits of individual products.

Product Portfolio Management is a discipline focused on creating a more valuable company by uncovering and solving bigger problems at a level that transcends products. Business practices for evaluating markets, analyzing competitors, formulating strategies, developing requirements and executing product plans take aim at a completely different target - the performance of your company in key markets - and offers greater strategic value to your organization. Attend in 13 cities in April, May and June. $199 per person.

http://www.proficientz.com/portfolio-mgmt-executive-briefing.html

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o Briefly Noted:

(Menlo Park, Calif.) Menlo Park-based Onset Ventures, a venture capital firm focused on information and medical technology startups, on Wednesday named Ikhlaq Sidhu as a venture advisor. Sidhu is founding director of the Center for Entrepreneurship and Technology (CET) at the College of Engineering at UC Berkeley. He previously also established the Technology Entrepreneur Center at the University of Illinois.
http://www.onset.com/about/news/ 

(San Mateo, Calif.) San Mateo-based NetSuite, a developer of cloud-based financial and ERP software, on Wednesday named Steve Gomo to its board of directors. Gomo most recently served as the executive vice president and CFO of NetApp, before retiring in December. He also has been the CFO of Silicon Graphics and Gemplus International.
http://www.netsuite.com/portal/press/releases/main.shtml 

(Sunnyvale, Calif.) Sunnyvale-based MIMVI, a developer of search and recommendation technology, on Wednesday named Kevin Conner as its CFO and principal accounting officer. Conner is general partner at private investment firm Westrock Partners, and is also the CFO of GlyEco. He previously served as the managing director of Conner & Associates.
http://www.mimvi.com 
http://www.marketwatch.com/story/mimvi-appoints-new-cfo-2012-03-21
 
(Santa Clara, Calif.) Santa Clara-based Applied Materials and the National Science Teachers Association (NSTA) on Wednesday announced the winners of their first-ever Clean Tech Competition student challenge. The competition involved students, ages 13-18, from the San Francisco Bay Area and Xi'an, China. They were tasked with designing a solar-powered solution to a basic human need identified in the aftermath of a natural disaster. A complete list of winners and projects is available at the link below.
http://www.appliedmaterials.com/newsroom/news/clean-tech-competition-announces-2011-2012-finalists-and-grand-prize-winning-teams 

(San Mateo, Calif.) San Mateo-based Keynote Systems, a provider of website testing and monitoring services, has named Tony Sun to its board of directors. Sun was a general partner of Venrock Associates for more than 30 years, including managing general partner and CEO for the eight years prior to his retirement in 2010.
http://keynote.com/company/press_room/releases_2012.html 

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


> Executive Briefing -- Product Portfolio Management


It's a fact! As your product portfolio grows, the market impact of your organization can quickly become diluted because traditional product management practices focus on improving the performance of each product. Executives and Senior Managers are invited to attend an Executive Briefing to learn how a Product Portfolio Management model improves your market value by uncovering and solving bigger problems beyond the limits of individual products. Business practices for evaluating markets, analyzing competitors, formulating strategies, developing requirements and executing product plans take aim at a completely different target - the performance of your company in key markets - and offers greater strategic value to your organization. Attend in 13 cities in April, May and June. $199 per person. http://www.proficientz.com/portfolio-mgmt-executive-briefing.html
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> SkySQL & MariaDB Solutions Day for the MySQL Database - April 13th, Santa Clara

Receive FREE, hands-on training and consulting on MySQL database solutions from the experts at SkySQL, MariaDB, Calpont, Continuent, ScaleDB, Severalnines, Sphinx, and Webyog, among others. As well, join industry visionaries, including Monty Widenius and David Axmark, the original authors of the MySQL database, as they share their insights on current and future trends pertaining to the world's most popular database. A complimentary luncheon will be served, and a free Biergarten will follow the final keynote. Register now at http://www.skysql.com/mysql-solutions-day 
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> Marketing Events Coordinator

Coblentz, Patch, Duffy & Bass LLP, a mid-size law firm is currently seeking a Marketing Events Coordinator with 3+ years of marketing events experience in a corporate environment to provide administrative support to the Marketing Department. This position reports directly to the Marketing Manager to plan, coordinate and manage all aspects of client seminars and receptions, sponsorship events, Firm events and retreats, and other special events. Candidate must have a Bachelor's degree and the ability to communicate clearly and effectively in one-on-one and small group settings with business partners and outside vendors. Additionally, candidate must be a self-starter, detail oriented, have the ability to organize and prioritize a number of tasks and complete them under time constraints. Strong computer, backend web development, HTML and graphics skills are required. Experience with Adobe Photoshop, Illustrator, and InDesign is preferred. Salary: DOE. Please include your salary requirement. Submit your resume and cover letter to the following link (or copy and paste the link to your web browser) https://home.eease.com/recruit/?id=1185751 
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> Senior Manager, eCommerce -- Redwood City, CA

The Sr. Manager of eCommerce will provide leadership on key eCommerce initiatives within Shutterfly.com to continuously improve our customer shopping experience. Reporting to the Sr Director of eCommerce, this seasoned eCommerce professional will use site analytics to drive informed business recommendations, develop site tests aimed at optimizing business goals and serve as the business lead for selected eCommerce projects. This role is focused on driving a compelling and frictionless eCommerce experience for our customers. It is perfect for someone who is interested in using his/her business acumen, eCommerce expertise, and analytic skills to drive exceptional short- and long-term business results. Apply online at: http://www.shutterfly.com/about/positions.jsp?jvi=oW3aWfwP
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> Account Manager

Come join PaperG, just named one of the Forbes' 100 Most Promising Companies in America, as we reinvent modern advertising. A PaperG Account Manager works as a key member of the Accounts team, where they will support PaperG's media company partners and help them thrive using PaperG's technology. Qualifications: College degree. A friendly and engaging personality - a must!. Excellent computer and Internet knowledge. High energy level. Resourceful, well organized, highly dependable, efficient and detail oriented. Knowledge of online advertising industry a strong plus. Send your resume to careers@paperg.com In your email or cover letter, let us know why PaperG interests you.
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> Sr. Financial Analyst

Veracyte is a molecular diagnostics company that is pioneering the emerging field of molecular cytology. Our Finance team seeks an individual who will report to the CFO, with the ability to develop and maintain long-range financial models for the company's strategic plan, produce product revenue projections and forecasts and prepare financial analyses. They will also be able to analyze trends, manage components of the operating plan process, participate in the valuation of potential business development opportunities, and collaborate with R&D, Commercial and Operations functions. The ability to thrive in a fast-paced, challenging and highly diverse team environment is critical. To be a successful candidate you will have at least 4 years of finance/accounting experience, with a proven track record of incorporating applications of accounting principles, financial reporting, and cash management, and be an expert in Excel. It's important that you have experience in life sciences and knowledge/experience with Microsoft GP is a plus, as is an MBA. We would like you to share our commitment to teamwork and collaboration and be excited by the challenges of applying your expertise to an important, emerging area in diagnostics. To apply, please send your resume to jobs@veracyte.com For additional information, see our website www.veracyte.com
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> Mid-Atlantic Marketing Summit - April 20, 2012


This year's Mid-Atlantic Marketing Summit will include over 12 panel discussion, various research presentations, networking opportunities and keynotes. The event is a co-production between Potomac Tech Wire and the Capitol Communicator, two of the leading newsletters covering the technology, marketing and communications industries in the area. Panel topics include: Analytics and Metrics: Major Marketing Trends; CMO Roundtable: Current State of Marketing; Mobile Marketing: Beyond The Hype and much more. The event will be held from 8:00 am - 5:00 pm on April 20 at the state-of-the-art Gannett Headquarters in McLean, Va. For more information, go to: www.mamsummit.com 
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> Generational Competition: How to Navigate the Challenges of the New Workforce


As we move out of the Great Recession and the job market begins to return, we are faced with a new dynamic for job seekers: underemployment and the war of the generations. Millennials are trying to land their first job, GenXers are seeking to upgrade their positions, many Boomers are seeking to re-enter the workplace from retirement to supplement shrinking nest eggs, and seniors are seeking additional money and intellectual stimulation. In short, everyone is slugging it out for jobs that are still in limited supply. Jim Finkelstein, President and CEO of FutureSense, provides the information you need to help you successfully navigate the job market at any age at
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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> Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers


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