Thursday, April 19, 2012

Bay Area Tech Wire -- April 19

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BAY AREA TECH WIRE -- April 19, 2012
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To Subscribe: www.bayareatechwire.com

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Newark-Based Neato Robotics Lands $12.2 Million in Fourth Round
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San Ramon-Based Five9 Raises $12 Million in New Funding
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Palo Alto's Correlation Ventures Invests in Four Companies
o San Mateo-Based Guidewire Software Prices Follow-On Offering
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SynGen Lands $5 Million from San Francisco's Bay City Capital
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Briefly Noted: Cypress Semiconductor, eBay Green Driving, Business Wire

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


--Tales from the Unemployed: The Four Most Common Costly Mistakes to Avoid
--Percona Live MySQL Conference & Expo
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Executive Briefing - Product Portfolio Briefing
--Marketing Events Coordinator
--Senior Manager, eCommerce – Redwood City, CA
--Account Manager
--Sr. Financial Analyst
--Mid-Atlantic Marketing Summit - April 20, 2012
--Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

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o Newark-Based Neato Robotics Lands $12.2 Million in Fourth Round

Newark, Calif. -- Neato Robotics, a Newark-based developer of robots designed to perform household chores as intelligently and efficiently as humans, on Thursday raised $12.2 million in its fourth round of funding, co-led by Vorwerk Ventures and Noventi Ventures. The company plans to use the proceeds to expand operations, sales and marketing, as well as to bolster product development. "Our vision is to leverage our unique robotic technology to bring new, innovative home-cleaning products to the marketplace," said CEO Warren Flick. Founded in 2004, after its first product concept won a Stanford University Graduate School of Business competition, the company has since raised $35 million in funding. The company's core technology features an intelligent, laser-guided navigation system, paired with a robotic vacuum cleaner system.
http://www.neatorobotics.com 
http://www.marketwatch.com/story/neato-robotics-raises-122-million-in-series-d-funding-2012-04-19 
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o San Ramon-Based Five9 Raises $12 Million in New Funding


San Ramon, Calif. -- Five9, a San Ramon-based developer of cloud-based contact center software, said on Thursday it has raised $12 million in a new round of funding, led by Adams Street Partners. Hummer Winblad Venture Capital and Partech International also participated in the round, which increased the company's total backing to more than $49 million. "The additional funding positions us well to take full advantage of our momentum, and gives us an opportunity to expand our current leadership position," said CEO Mike Burkland. Five9's software processes more than two billion customer calls a year for over 1,500 customers.
http://www.five9.com 
http://www.five9.com/call-center-news/press-releases/pr-five9-raises-an-additional-12m-in-funding.htm 
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o Palo Alto's Correlation Ventures Invests in Four Companies

Palo Alto, Calif. -- Correlation Ventures, a venture capital firm with offices in Palo Alto and San Diego, said it has made investments in four new companies -- Aldea Pharmaceuticals, MOGL, numberFire and an unnamed company currently in stealth mode. Financial terms of the deals were not disclosed. Correlation, which now has 17 companies in its portfolio, said it plans to make approximately 75 investments from its inaugural $165 million fund, announced in January. The firm said it uses predictive analytics to offer investment decisions within two weeks.
http://www.correlationvc.com 
http://www.marketwatch.com/story/correlation-ventures-funds-four-companies-in-q1-delivering-co-investment-decisions-in-two-weeks-or-less-2012-04-18  
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o San Mateo-Based Guidewire Software Prices Follow-On Offering

San Mateo, Calif. -- Guidewire Software, a San Mateo-based maker of core system software for the insurance industry, on Thursday priced a follow-on offering expected to generate $226 million. The offering includes 8 million shares -- 7.3 million being sold by current shareholders -- for $28.25 each. The company, itself, is expected to make $19.8 million from its 700,000 shares offered. The news comes three months after Guidewire raised $115 million in its initial public offering (IPO). The company counts more than 100 property and casualty insurers among its clients, including GEICO, Nationwide and CNA.
http://www.guidewire.com/ 
http://www.guidewire.com/news-and-events/press-releases/2012/guidewire-software-inc-announces-pricing-of-follow-on-public-offering-of-common-stock/ 
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o SynGen Lands $5 Million from San Francisco's Bay City Capital

San Francisco -- SynGen, a Sacramento-based developer of next-generation stem cell harvesting systems, said on Thursday it has raised $5 million in preferred stock financing from San Francisco-based Bay City Capital (BCC). Under the terms of the deal, BCC will appoint two representatives to SynGen's board of directors. "We expect SynGen's products will play a significant role in enabling clinical research and expanding the medical applications of regenerative medicine," said William Gerber, investment partner at BCC.
http://syngeninc.com/ 
http://www.baycitycapital.com 
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o Briefly Noted:


(San Jose, Calif.) San Jose-based Cypress Semiconductor, a developer of mixed-signal, programmable chips, said on Monday that Norm Taffe, the executive vice president of its Consumer and Computation Division (CCD), will be leaving the company this summer to pursue a start-up opportunity outside of the electronics industry. He will be replaced by Cathal Phelan, who is currently Cypress's chief technical officer.
http://www.cypress.com/?rID=62206 

(San Jose, Calif.) San Jose-based online marketplace eBay on Thursday launched eBay Green Driving, a new site designed to provide drivers with ways to reduce both money spent on fuel and environmental impact. The site combines informative content, including a fuel type comparison tool and green driving news, with eBay's green vehicle and parts inventory.
http://green.ebay.com/# 

(San Francisco) San Francisco-based Business Wire, an online distributor of company press releases and regulatory disclosures, has promoted Maria Van Wambeke to vice president of product development and integration. Van Wambeke has spent more than 13 years in product development roles at the company.
http://www.businesswire.com/news/home/20120419005462/en/Maria-Van-Wambeke-Promoted-Vice-President-Product 

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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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> Tales from the Unemployed: The Four Most Common Costly Mistakes to Avoid by Stephen A. Laser

You've lost your job. Now what? The way people react to unemployment varies from angry and frustrated to sad and depressed. For many workers, there is also the desire to take immediate action and go on the offensive to get hired as quickly as possible. After all, it is better to be proactive than reactive, right? Not necessarily. Stephen A. Laser, a business psychologist and author of Out-of-Work and Over-40, suggests you need to take some time to regroup and make a plan. Dr. Laser gives four common reactions to unemployment that can prove to be very costly mistakes at http://www.fairfaxcountyeda.org/bay-area-tech-wire
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> Percona Live MySQL Conference & Expo

The Percona Live MySQL Conference & Expo features 72 breakout sessions and 16 tutorials from leading technology experts. Representatives from HP, Box, Facebook, Amazon Web Services, Clustrix, Eucalyptus Systems and more will give keynote presentations. Attendees can connect with other community members at two networking receptions which will feature the annual Community Awards and Lightning Talks. Birds of a Feather sessions on Tuesday and Wednesday will allow like-minded individuals to connect. Join us April 10-12 at the Hyatt Regency Santa Clara and Santa Clara Convention Center. Post-conference events on April 13 allow further engagement. Full conference details are available at http://www.percona.com/live/mysql-conference-2012 Send inquiries to terry.erisman@percona.com
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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. 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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> 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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