| ============================================ BAY AREA TECH WIRE -- May 1, 2012 ============================================ To Subscribe: www.bayareatechwire.com o San Francisco-Based Castlight Health Raises $100 Million in Funding o Palo Alto-Based Socialtext Lands Investment from Bedford Funding o Washington Post Reportedly Acquires Technology Team from Digg o CoStar Group Completes Acquisition of San Francisco-Based LoopNet o Equinix to Expand into Asia-Pacific Through Acquisition o Openwave Mobility and Openwave Messaging Launch as Independent Firms o Briefly Noted: Nebula, ATA Ventures _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Tales from the Unemployed: The Four Most Common Costly Mistakes to Avoid --Executive Briefing - Product Portfolio Briefing --Marketing Events Coordinator --Senior Manager, eCommerce – Redwood City, CA --Account Manager --Sr. Financial Analyst --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 San Francisco-Based Castlight Health Raises $100 Million in Funding San Francisco -- Castlight Health, a San Francisco-based developer of software that makes cost and quality data for medical services available to employees through the web or mobile devices, said on Tuesday it has raised $100 million in its fourth round of funding. Participants included two unnamed mutual funds, as well as T. Rowe Price, Redmile Group and several previous backers. "By expanding our funding, we can respond to the growing demand for our solutions, seize major market opportunities, increase the breadth of our offerings and extend our reach," said co-founder and CEO Giovanni Colella. "We believe there is a huge opportunity to better engage companies and their employees as they make health care decisions." Castlight now has raised $181 million since its inception. http://www.castlighthealth.com http://www.castlighthealth.com/2012/castlight-health-secures-100-million-in-series-d-funding/ _____________________________________________ o Palo Alto-Based Socialtext Lands Investment from Bedford Funding Palo Alto, Calif. -- Socialtext, a Palo Alto-based developer of enterprise social software, said on Tuesday it has landed a new investment from Bedford Funding. Financial terms of the deal were not disclosed. "With this and future available capital, and a currently profitable business, we are very excited by the ability to invest in the resources that will strengthen our position," said Eugene Lee who will remain CEO. Bedford is also the owner of Peoplefluent, a developer of talent-management tools, which plans to integrate Socialtext's software into its own offerings. Socialtext's software is designed to help businesses communicate, collaborate on internal projects and connect on the information necessary to be more effective in the workplace. http://www.socialtext.com http://www.socialtext.com/news/pressrelease_2012.05.01.php _____________________________________________ o Washington Post Reportedly Acquires Technology Team from Digg San Francisco -- The Washington Post reportedly has acquired the technology team -- but not the business -- of San Francisco-based social news site Digg. TheNextWeb first reported the news, which was later confirmed by TechCrunch and AllThingsD. Digg, which has raised $45 million in venture capital since its launch in 2004, has long been the rumor of a buyout. Google reportedly explored the possibility of acquiring the company in 2008 before ultimately deciding against it. TechCrunch speculated that The Post will utilize the company's talent to help bolster its Trove social news platform. Digg's site allows users to share web content, which is then voted up or down by its online community. There's no word on the future of Digg's site, itself. http://digg.com http://thenextweb.com/insider/2012/05/01/rumor-digg-to-be-acquired-by-the-washington-post/ http://techcrunch.com/2012/04/30/washington-post-acqhires-digg/ _____________________________________________ o CoStar Group Completes Acquisition of San Francisco-Based LoopNet Bethesda, Md. -- A year after first announcing plans to acquire San Francisco-based rival LoopNet, Maryland-based CoStar Group, a provider of commercial real estate data and analytic services, said it has finally completed the $860 million deal. Under the agreement, LoopNet shareholders received $16.50 in cash and 0.037 shares of CoStar stock for each share of LoopNet stock. CoStar plans to continue operating LoopNet as a separate brand. LoopNet.com has 5.8 million registered members and currently has approximately 3.6 million unique monthly visitors. "The LoopNet brand is important," said Andrew Florance, the founder and CEO of CoStar. "Our strategy is to invest in strengthening LoopNet's products and services." LoopNet's stock has suspended trading on the Nasdaq. http://www.costar.com http://www.costar.com/about/article.aspx?id=10875 _____________________________________________ o Equinix to Expand into Asia-Pacific Through Acquisition Redwood City, Calif. -- Looking to expand into the Asia-Pacific region, Redwood City-based Equinix, a provider of data center services, said on Tuesday it will pay $230.5 million in cash to acquire data centers from Hong Kong-based Asia Tone. The deal, expected to close after mid-year, includes five data centers and one disaster recovery center, in addition to one data center under construction. "As our fastest growing region for several years and one in high demand by customers, we see tremendous opportunity for growth," said Steve Smith, the president and CEO of Equinix. "We are especially pleased to expand our footprint in China." http://www.equinix.com http://www.equinix.com/en_US/company/news-and-events/press-releases/equinix-to-expand-in-asia-pacific-will-acquire-data-centers-from-asia-tone-in-cash-deal/ _____________________________________________ o Openwave Mobility and Openwave Messaging Launch as Independent Firms Redwood City, Calif. -- Marlin Equity Partners, a Los Angeles-based private equity firm, said on Tuesday it has completed its acquisition of the mediation and messaging product businesses of Redwood City-based Openwave Systems. The assets now make up two new independent companies -- Openwave Mobility and Openwave Messaging. The remaining assets of the original Openwave are now known as Unwired Planet. John Giere, most recently the senior vice president and general manager of Openwave's mediation unit, will serve as the CEO of Openwave Mobility, while Sean MacNeill, most recently senior vice president and general manager of Openwave's messaging unit, will serve as the CEO of Openwave Messaging. http://www.openwavemobility.com http://www.openwavemessaging.com http://www.openwave.com/news_and_events/press_releases/2011/20120501_opwv_mobility.html http://www.openwave.com/news_and_events/press_releases/2011/20120501_opwv_messaging.html _____________________________________________ o Briefly Noted: (Palo Alto, Calif.) Palo Alto-based Nebula, a developer of technology designed to let businesses deploy large private cloud computing infrastructures, on Tuesday named Jon Mittelhauser as its vice president of engineering. Mittelhauser was co-author of the first widely used web browser, NCSA Mosaic, and a founding engineer at Netscape Communications. Most recently, he ran the software organization at OnLive. http://www.nebula.com http://www.businesswire.com/news/home/20120501006797/en/Nebula-Appoints-Web-Pioneer-Jon-Mittelhauser-Vice (Redwood City, Calif.) Redwood City-based early-stage venture capital firm ATA Ventures on Tuesday named John Loiacono as a venture partner. Loiacono, known by many in the industry as "JohnnyL," previously served as the CMO and executive vice president of Sun Microsystems, and more recently, senior vice president and general manager of Adobe Systems' Digital Media and Creative Solutions businesses. http://www.ataventures.com http://www.marketwatch.com/story/ata-ventures-announces-key-appointment-of-john-loiacono-as-venture-partner-2012-05-01 =================================================== 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 > 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 ____________________________________________ > 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 ____________________________________________ > 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 ____________________________________________ > 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 ____________________________________________ > 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. ____________________________________________ > 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 ____________________________________________ 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. 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