Wednesday, April 4, 2012

Bay Area Tech Wire -- April 4

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BAY AREA TECH WIRE -- April 4, 2012
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Sponsored by:
SkySQL & MariaDB Solutions Day for the MySQL Database
http://www.skysql.com/mysql-solutions-day

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Sunnyvale-Based Yahoo to Cut 2,000 Jobs; Become "Smaller, Nimbler"
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Cupertino-Based SugarCRM Raises $33M in Equity and Debt Financing
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North Bridge Names Former Facebook Executive as General Partner
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Santa Clara-Based Geo Semiconductor Lands Additional $1 Million
o Worldwide Chip Sales Fall in February; Outlook Remains Strong
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SkySQL & MariaDB Solutions Day for the MySQL Database - April 13th
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Briefly Noted: AlienVault, Infoblox, Rembrandt Venture Partners

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


--Percona Live MySQL Conference & Expo
--Generational Competition: How to Navigate the Challenges of the New Workforce
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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
--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 Sunnyvale-Based Yahoo to Cut 2,000 Jobs; Become "Smaller, Nimbler"

Sunnyvale, Calif. -- Yahoo said on Wednesday it plans to cut 2,000 jobs -- or 14% of its global workforce -- as part of a massive makeover of the struggling Internet company. The Sunnyvale-based company said it planned to begin informing affected employees on Wednesday. The moves are expected to help it trim annual expenses by $375 million. "Today's actions are an important next step toward a bold, new Yahoo -- smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require," said CEO Scott Thompson. "We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities." Yahoo said it plans to limit future investments and "radically simplify" how it builds and maintains many of its properties.
http://pressroom.yahoo.net/pr/ycorp/231581.aspx 
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o Cupertino-Based SugarCRM Raises $33M in Equity and Debt Financing


Cupertino, Calif. -- SugarCRM, a Cupertino-based developer of customer relationship management (CRM) applications, said on Wednesday it has raised $33 million in a new round of equity and debt financing, led by New Enterprise Associates (NEA). New investors Silicon Valley Bank and Gold Hill Capital also joined previous backers Draper Fisher Jurvetson and Walden International in the round, which the company will use to bolster marketing efforts and pursue strategic business opportunities. "We are excited to continue our expansion into the enterprise space and are privileged to have the strong support of top investors that have domain expertise in the CRM market and who support our mission," said CEO Larry Augustin. SugarCRM said its applications have been downloaded more than 10 million times and currently serve over 1 million end users in 192 countries.
http://www.sugarcrm.com 
http://www.sugarcrm.com/newspress/sugarcrm-completes-33-million-financing-round-further-expansion-enterprise 
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o North Bridge Names Former Facebook Executive as General Partner

San Mateo, Calif. -- North Bridge Venture Partners, a venture capital firm with offices in San Mateo and Massachusetts, on Wednesday named former Facebook executive Jonathan Heiliger as a general partner. Heiliger, who served as Facebook's vice president of technical operations from 2007-2011, will work from North Bridge's Silicon Valley office, expanding the firm's West Coast presence. He also previously held executive positions at Walmart and Danger, and spent several years as the COO of Loudcloud. "Jonathan joining our team is a major win for North Bridge and for our West Coast initiative," said Paul Santinelli, general partner at North Bridge. "He's been a successful entrepreneur and operating executive at companies such as Facebook, Walmart, Danger and Opsware, which provides insight and knowledge to help entrepreneurs scale businesses and technical operations." The news comes two days after another venture capital firm, General Catalyst, hired former Facebook executive Kevin Colleran as a venture partner.
http://www.northbridge.com 
http://www.northbridge.com/former-facebook-vp-jonathan-heiliger-joins-north-bridge-general-partner 
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o Santa Clara-Based Geo Semiconductor Lands Additional $1 Million

Santa Clara, Calif. -- Geo Semiconductor, a Santa Clara-based developer of geometric processor chips used in video and image processing, said on Wednesday it has closed its first round of funding after landing an additional $1 million. The company had initially landed $1.3 million in the round last fall. Identities of the investors were not disclosed. Geo also said it is now focused on raising $10 million for its second round, which it hopes to use to complete the development of its new processor. "I am very pleased that our Series A has been completed, which enables us to focus on the next phase of the GEO story," said Paul Russo, the company's chairman and CEO.
http://www.geosemi.com/ 
http://www.geosemi.com/120404_GEO_PR_Series_A.pdf (PDF)
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o Worldwide Chip Sales Fall in February; Outlook Remains Strong

Washington, DC -- Worldwide semiconductor sales declined slightly in February, according to new figures from the Semiconductor Industry Association (SIA). Chip sales reached $22.9 million for the month, down 1.3% from January and 7.3% from the same period in 2011. The organization, however, said it remains bullish on its long-term outlook. "Overall, the combination of improved U.S. macroeconomic factors along with sequential semiconductor sales growth in the Americas region warrants an optimistic view for growth in 2012," said Brian Toohey, president of the SIA.
http://www.sia-online.org 
http://www.sia-online.org/news/2012/04/03/global-sales-report-2012/global-semiconductor-sales-post-22.9-billion-in-february/
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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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o Briefly Noted:


(Campbell, Calif.) Campbell-based AlienVault, a developer of open source security information and event management software, on Wednesday named John Jack to its board of directors. Jack most recently served as the CEO of Fortify Software, which was sold to Hewlett-Packard in 2010.
http://www.alienvault.com/alienvault-expands-board-of-directors-with-appointment-of-john-m-jack/ 

(Santa Clara, Calif.) Santa Clara-based Infoblox, a developer of automated IT network control technology, on Wednesday named David Gee as its executive vice president of marketing. Gee most recently spent nine years running global marketing teams at Hewlett-Packard, and previously held senior marketing positions at Yahoo, Sun Microsystems and IBM.
http://www.infoblox.com/en/news/press-releases/2012/infoblox-appoints-david-gee-as-executive-vice-president-of-marketing.html 

(Menlo Park, Calif.) Menlo Park-based venture capital firm Rembrandt Venture Partners on Wednesday named Scott Irwin as a general partner. Irwin, who previously served as a general partner at El Dorado Ventures, will focus on Internet and software investments, particularly in the fast-growing Enterprise 2.0 and Software-as-a-Service (SaaS) sectors.
http://www.rembrandtvc.com/ 
http://www.businesswire.com/news/home/20120404005433/en/Scott-Irwin-Joins-Rembrandt-Venture-Partners-General 

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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


> 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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> 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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> 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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