Monday, November 20, 2017

Bay Area Tech Wire - Nov. 20

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BAY AREA TECH WIRE -- Nov. 20, 2017
==========================================
Sponsored By: Baird - A Global Leader in Technology Banking

o Santa Clara-Based Marvell Technology to Acquire Cavium in $6 Billion Deal  
o San Mateo-Based Scalyr Raises $20 Million in First Round of Funding
o
Los Altos-Based AISense Lands $10 Million in First Round of Funding
o
Hitachi Venara Federal Acquires Key Contracts from Brocade
o
Survey: Most Americans Still Prefer Shopping at Physical Stores
> Baird - A Global Leader in Technology Banking
o Briefly Noted: Serent Capital - CallRevu
_____________________________________________

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

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Doing Business With DoD and The INTEL Community - Nov. 28
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o Santa Clara-Based Marvell Technology to Acquire Cavium in $6 Billion Deal

Santa Clara, Calif. -- Marvell Technology Group, the Santa Clara-based developer of storage, networking and connectivity tools, said on Monday it will pay $6 billion in cash and stock to acquire San Jose-based Cavium, a maker of multi-core SoC products. Marvell will pay $40 a share in cash, plus 2.2 shares for each Cavium share under the deal, expected to be completed by mid-2018. The combination combines Marvell's portfolio of HDD and SSD storage controllers, networking tools and wireless connectivity products with Cavium's multi-core processing, networking communications, storage connectivity and security products. The combined company will boast more than $3.4 billion in annual revenue. "This is an exciting combination of two very complementary companies that together equal more than the sum of their parts," said Matt Murphy, Marvell's president and CEO. "This combination expands and diversifies our revenue base and end markets, and enables us to deliver a broader set of differentiated solutions to our customers. Syed Ali, Cavium's co-founder and CEO, will join Marvell's board of directors, with co-founder Raghib Hussain and Anil Jain, the company's vice president of IC engineering, also joining the company's senior leadership team.
http://www.marvell.com 
http://www.cavium.com
http://investor.marvell.com/phoenix.zhtml?c=120802&p=irol-newsArticle&ID=2317840
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o San Mateo-Based Scalyr Raises $20 Million in First Round of Funding

San Mateo, Calif. -- Scalyr, the San Mateo-based developer of a log management and server monitoring service, said on Monday it has raised $20 million in its first round of funding, led by Shasta Ventures. Previous backers Bloomberg Beta, Susa Ventures and Heroic Ventures also participated. In real-time, Scalyr aggregates a company's server logs and metrics into a centralized system for analysis and troubleshooting. The company currently counts about 140 customers, including CareerBuilder, Business Insider, OkCupid, Baidu and Giphy. "We've had a lot of success with early sales," said founder and CEO Steve Newman, a repeat entrepreneur whose last company, Writely, was acquired by Google to become Google Docs. "Now we just need to spread the word, scaling up sales and marketing. We're also expanding our engineering and product teams."
https://www.scalyr.com/ 
http://www.businesswire.com/news/home/20171120005216/en/Scalyr-Raises-20M-Series-%E2%80%98Scale-Everything%E2%80%99-Fast 
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o Los Altos-Based AISense Lands $10 Million in First Round of Funding

Los Altos, Calif. -- AISense, a Los Altos-based developer of technology that lets users store, search, share and analyze their voice conversations the same way they can with emails and text messages, said on Monday it has landed $10 million in its first round of funding, led by Horizons Ventures. Draper Associates, Draper Dragon Fund, David Cheriton and Bridgewater Associates also participated in the round, which increased the company's total backing to $13 million since its founding in early 2016. Bart Swanson, an advisor at Horizons Ventures, has joined the company's board of directors. AISense's forthcoming product, available early next year, will let people search their verbal conversations, and provide digestible summaries of what was said and what was agreed upon by various participants. The company currently is powering transcription for the Zoom Video Communications platform. Founder and CEO Sam Liang is best known for pioneering the iconic blue dot as tech lead for Google's location services. He sold his last startup, Alohar Mobile, to Alibaba. "Our implementation with Zoom points to the promise of unmetered processing of voice conversations that will make our verbal communication as easy to recall, search and share as email or other text communications," said Liang.
http://www.aisense.com
http://www.businesswire.com/news/home/20171120005250/en/AISense-Raises-10M-Series-Power-Ambient-Voice 
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o Hitachi Venara Federal Acquires Key Contracts from Brocade

San Jose, Calif. -- Hitachi Vantara Federal, a Virginia-based provider of data and analytics tools to the federal government, said it has acquired certain "sensitive" assets and service maintenance contracts from San Jose-based Brocade Communications Systems. Financial terms of the deal, which came as Broadcom closed its $5.5 billion acquisition of Brocade on Friday, were not disclosed. Hitachi Vantara Federal gained a variety of sensitive data center networking, campus/edge networking and Storage Area Networking (SAN) service maintenance contracts. In addition, nearly two dozen Brocade technical engineers transferred to Hitachi Vantara Federal to continue supporting the assumed contracts. "Adding Brocade's networking component to our infrastructure, software and analytics portfolio strengthens our IP-based networking and software-defined architecture capabilities that we can now offer to our Federal customers," said CEO David Turner.
http://www.hitachivantarafederal.com
http://www.businesswire.com/news/home/20171117005422/en/Hitachi-Vantara-Federal-Closes-Asset-Transfer-Agreement
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o Survey: Most Americans Still Prefer Shopping at Physical Stores

Hayward, Calif. -- When it comes to shopping, the vast majority of Americans prefer brick-and-mortar stores to exclusively e-commerce, according to a new study by Hayward-based June20. The survey of 1,000 U.S. adults conducted by Propeller Insights found that 84% prefer either brick-and-mortar or at a combination of online and in-store retailers. The majority said they continue to visit physical stores because they like to see and touch products before buying them. But when asked what they like about the online shopping experience that is missing from stores, 42% said they miss the ability to compare items and 31% miss the easy access to information about products. "Our research shows that Americans gravitate to online shopping because they like having more choices and the ability to compare items with rich content and information at their fingertips. This helps them make their buying decisions," said Jason Seed, the chief operating officer (COO) of June20. "However, our research also reveals that Americans are craving the curated experience that being in a physical store brings." Clothing, beauty products and accessories are the top items Americans prefer to experience in-store before purchasing, while smartphones are the items they feel they least need to experience in person.
https://www.june20.com 
http://www.businesswire.com/news/home/20171116005542/en/June20-Study-65-Percent-Americans-Prefer-Shopping
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> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/

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o Briefly Noted:

(San Francisco) San Francisco-based private equity firm Serent Capital said it has invested an unspecified amount in Maryland-based CallRevu, a developer of call management software for automotive dealers. CallRevu's platform is designed to help car dealerships gain substantial insights into inbound phone calls from potential clients, ultimately helping them improve conversion rates. The company currently serves more than 3,300 dealer locations and partners with 20 auto manufacturers. It marks Serent's second investment in the automotive market, following an earlier deal with Tricolor Automotive Group.
http://www.callrevu.com 
http://www.prweb.com/releases/2017/11/prweb14927338.htm

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> NOV 28 - DOD and INTEL Agency - Contracting Conference

2nd Annual "Doing Business With DoD and The INTEL Community" (Conference) - Tuesday NOV 28 - 730am-1230pm - GMU Arlington Campus - AGENDA, SPEAKERS, TICKETS AT https://dodintel2017.eventbrite.com

_____________________________________________

> Intellectual Property Services/Patent Applications Drafted

I provide a wide range of services relating to intellectual property including patents, trademarks, trade secrets and licensing. I am a registered patent attorney with over 27 years experience. I charge a flat fee of $4000.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. I have significant experience preparing software patents and I am familiar with the current patentability issues surrounding these type of patent applications. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; 6,850,920; 9,086,847; 9,178,555; 9,207,215; 9,426,183; 9,519,304; and 9,671,835. I am located in San Jose near the airport. If you are interested, please send inquiries to email@roarkip.com
_____________________________________________

> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/
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Copyright: CapWire Inc. 2017











 

 

Friday, November 17, 2017

Bay Area Tech Wire - Nov. 17

==========================================
BAY AREA TECH WIRE -- Nov. 17, 2017
==========================================
Sponsored By: Baird - A Global Leader in Technology Banking

o Redwood City-Based Poshmark Raises $87.5 Million in Fourth Round
o San Jose-Based Cadence Names Anirudh Devgan as President
o
Survey: Both Kids, Parents Having Trouble Disconnecting at Mealtime
o
Study: IT Incidents Damaged the Business Reputation of 70% of Firms
> Baird - A Global Leader in Technology Banking
o Briefly Noted: C3 IoT, Webgility
_____________________________________________

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

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Doing Business With DoD and The INTEL Community - Nov. 28
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Intellectual Property Services / Patent Applications Drafted
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o Redwood City-Based Poshmark Raises $87.5 Million in Fourth Round

Redwood City, Calif. -- Poshmark, the Redwood City-based developer of a peer-to-peer fashion marketplace on which users buy and sell clothing, has raised $87.5 million in its fourth round of funding, led by Temasek Holdings. Mayfield Fund, Menlo Ventures, GGV Capital, Inventus Capital, Uncork Capital, Union Grove Venture Partners and Cross Creek Advisors also took part in the round, which the company will use to expand internationally, starting with English-speaking countries. The company, which now has raised $160 million since its inception, reportedly could soon follow rival Stitch Fix into the public markets, according to Forbes. Poshmark's site feature's more than 2 million seller "stylists," selling over 5,000 fashion brands.
https://poshmark.com/ 
https://www.forbes.com/sites/alexkonrad/2017/11/14/poshmark-raises-87-million-for-its-social-clothes-marketplace/#59adb2163246 
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o San Jose-Based Cadence Names Anirudh Devgan as President

San Jose, Calif. -- Cadence Design Systems, a San Jose-based developer of electronic systems and semiconductors, has named Anirudh Devgan as its new president. Devgan has served as executive vice president and general manager of the company's Digital & Signoff Group and the System & Verification Group. "This is an exciting time for Cadence, and Anirudh will play a key leadership role as we capture opportunities that are being driven by groundbreaking trends in high-performance and edge computing, automotive electronics and machine learning, among others," said CEO Lip-Bu Tan. Prior to joining Cadence in 2012, Devgan served as general manager of the Custom Design Business Unit at Magma Design Automation.
http://www.cadence.com 
https://www.cadence.com/content/cadence-www/global/en_US/home/company/newsroom/press-releases/pr/2017/cadence-appoints-anirudh-devgan-as-president.html 
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o Survey: Both Kids, Parents Having Trouble Disconnecting at Mealtime

Philadelphia -- While parents are nearly unanimous that disconnecting from devices during mealtime improves family bonding, their children are far from the only ones to blame, according to a new report by cable giant Comcast. The survey of 1,000 U.S. parents found that more than half (52%) have been told by their kids to put their device away during meals, and 42% couldn't remember the last time their family had a device-free meal. And though parents admit to taking away their children's devices an average of once a week, more than half (56%) have found their kids trying to steal them back. Nearly a third said they make their children leave their devices in a basket before bedtime, while 14% go so far as to disconnect their modems to stop Wi-Fi usage. With those figures in mind, Comcast said the "pause device" home Wi-Fi control feature has become the most popular function of its new Xfinity xFi platform.
http://corporate.comcast.com/news-information/news-feed/pause-device-most-popular-home-wi-fi-control-feature-xfi
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o Study: IT Incidents Damaged the Business Reputation of 70% of Firms

San Francisco -- More than two-thirds of companies (70%) in a new survey say that a critical IT incident has harmed their reputation. The survey, conducted by analyst firm Quocirca for San Francisco-based Splunk, also found that the average organization suffers five critical IT incidents a month, with each one costing the IT department on average $36,326 and a further $105,302 to the rest of the business. "It's clear that organizations are finding it challenging to maintain end-to-end visibility with the growing volume of data being generated by their IT systems and infrastructure," said Bob Tarzey, an analyst at Quocirca. "This is holding IT teams back from being able to drill down and pinpoint the root cause of issues that are causing frequent and recurring problems. This often results in reputational damage and poor customer experience, impacting a company's bottom line." The complete study is available at the link below.
https://www.splunk.com/en_us/newsroom/press-releases/2017/it-incidents-damaged-business-reputation-of-more-than-two-thirds-of-firms.html 
_____________________________________________

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> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/

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o Briefly Noted:

(Redwood City, Calif.) Redwood City-based C3 IoT, developer of an AI and IoT software platform, said it has opened its new Asia Pacific (APAC) regional headquarters in Sydney, Australia. Customers in the region include Australia energy company Origin Energy.
https://c3iot.com
http://www.businesswire.com/news/home/20171115005553/en/C3-IoT-Establishes-Regional-HQ-Australia 

(San Francisco) San Francisco-based Webgility, a developer of ecommerce automation software for small and mid-sized businesses, on Friday named Anastasia Pavlova as its vice president of marketing. Pavlova most recently was a member of the executive leadership team at Marketo, driving marketing strategy and demand generation programs across the entire customer lifecycle.
https://www.webgility.com/company/press/AnastasiaPavlova 

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> NOV 28 - DOD and INTEL Agency - Contracting Conference

2nd Annual "Doing Business With DoD and The INTEL Community" (Conference) - Tuesday NOV 28 - 730am-1230pm - GMU Arlington Campus - AGENDA, SPEAKERS, TICKETS AT https://dodintel2017.eventbrite.com

_____________________________________________

> Intellectual Property Services/Patent Applications Drafted

I provide a wide range of services relating to intellectual property including patents, trademarks, trade secrets and licensing. I am a registered patent attorney with over 27 years experience. I charge a flat fee of $4000.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. I have significant experience preparing software patents and I am familiar with the current patentability issues surrounding these type of patent applications. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; 6,850,920; 9,086,847; 9,178,555; 9,207,215; 9,426,183; 9,519,304; and 9,671,835. I am located in San Jose near the airport. If you are interested, please send inquiries to email@roarkip.com
_____________________________________________

> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/
_____________________________________________

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Copyright: CapWire Inc. 2017











 

 

Thursday, November 16, 2017

Bay Area Tech Wire - Nov. 16

==========================================
BAY AREA TECH WIRE -- Nov. 16, 2017
==========================================
Sponsored By: Baird - A Global Leader in Technology Banking

o Mountain View-Based At-Bay Launches After Raising $6M in Seed Funding
o San Francisco-Based Motista Names Michael Mathias as President
o
Information Technology Job Growth Slows to a Crawl in October
o
Report: Black Friday Week to See Record Number of Cyberattacks on Retailers
> Baird - A Global Leader in Technology Banking
o Briefly Noted: TalentWave, Nutanix, Infogain
_____________________________________________

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

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Intellectual Property Services / Patent Applications Drafted
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o Mountain View-Based At-Bay Launches After Raising $6M in Seed Funding

Mountain View, Calif. -- At-Bay, a Mountain View-based provider of insurance designed to let companies innovate despite the recurrent threat of cyber risk, said on Thursday it has launched from stealth after raising $6 million in a round of seed funding, led by LightSpeed Venture Partners. Shlomo Kramer and LocalGlobe also took part in the round. The company has partnered with Hartford Steam Boiler Inspection and Insurance Co. (HSB) to bring to market a product aimed at defending organizations against cyber risks. "We match deep insights on a company's IT security with financial exposure that cyber attack vectors create, to enable insurance brokers and risk managers to more clearly and accurately assess and manage cyber risk," said founder and CEO Rotem Iram.
http://www.at-bay.com
http://www.businesswire.com/news/home/20171116005430/en/At-Bay-Launches-Stealth-Provide-Cyber-Insurance-Digital
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o San Francisco-Based Motista Names Michael Mathias as President

San Francisco -- Motista, a San Francisco-based developer of big data marketing technology designed to help clients activate the emotional connections that predict consumer behavior, has named Michael Mathias as its president. Mathias, most recently the president of Target Data, will be tasked with building the overall company and scaling its go-to-market plan across industry sectors and channels. He also previously served as the managing director of FindLaw, general manager and global strategy executive at Acxiom and executive vice president of agency services at Merkle.
http://www.motista.com
https://www.prnewswire.com/news-releases/motista-taps-michael-mathias-to-serve-as-companys-president-300556162.html 
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o Information Technology Job Growth Slows to a Crawl in October

Alexandria, Va. -- The growth of U.S. information technology employment continued to slow in October, according to a new report from the TechServe Alliance. The number of tech jobs grew just 0.1% last month to just over 5.3 million, while engineering employment grew 0.1% to just under 2.6 million. "Following a trend that has been in place for some time, the rate of IT job growth fell to its lowest level in years," said Mark Roberts, CEO of the TechServe Alliance. "Given that demand remains strong for IT professionals in high demand skill sets, this ongoing deceleration is attributable to an ever tightening labor supply. The current administration's restrictive immigration policies affecting highly skilled foreign nationals is making the job of finding qualified IT professionals even more difficult."
https://www.techservealliance.org/files/November%202017%20Index%20-%20MBR.pdf (PDF)
_____________________________________________

o Report: Black Friday Week to See Record Number of Cyberattacks on Retailers

San Jose, Calif. -- With online holiday shopping poised to beat in-store purchases for the first time ever this year, Black Friday week is expected to see the largest number of cyber attacks on retailers to date, according to a new report from ThreatMetrix. The company attributed its prediction to the desire of cybercriminals to test credentials stolen in recent well-publicized hacks, as well as a spike in the trading of personal identity data on the dark web. In the past 90 days alone, ThreatMetrix said it has detected 171 million attacks, a 32% increase since the beginning on this year. "Bot activity has significantly intensified in the second half of this year," said Vanita Pandey, the company's vice president of product marketing. "We predict that the top retailers will sustain heightened attacks from bot operators looking to test personal accounts. During the next week, we are expecting approximately 5-8 million daily identity testing attacks." The complete report is available at the link below.
https://www.threatmetrix.com/digital-identity-insight/cybercrime-report/q3-2017-cybercrime-report/?utm_source=prweb&utm_medium=pr&utm_campaign=q3-2017-ccr 
_____________________________________________

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> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/

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o Briefly Noted:

(Foster City, Calif.) Foster City-based TalentWave, a developer of workforce engagement technology, on Thursday named Jim Hanrahan as its executive vice president and chief financial officer (CFO) and Jennifer Spicher as its executive vice president of sales. Hanrahan previously served as the executive vice president and CFO of Bartech Group, while Spicher was the vice president of global solutions at Kelly OCG.
http://www.talentwave.com
http://www.businesswire.com/news/home/20171116006101/en/TalentWave-Hires-New-CFO-EVP-Sales-Complete 

(San Jose, Calif.) San Jose-based enterprise cloud computing company Nutanix on Thursday named Sherry Lautenbach as its senior vice president of Americas sales. Lautenbach most recently served as IBM's vice president of industry solutions and strategic business development in North America. She worked at IBM for 23 years.
https://www.nutanix.com/company/press-releases/ 

(Los Gatos, Calif.) Los Gatos-based business and IT consulting firm Infogain on Thursday named Steven Springsteel to its board of directors. Springsteel, the chief financial officer (CFO) of MetricStream, will serve as an independent director.
https://www.infogain.com/newsroom/infogain-company-news/ 

===================================================
Job/Event/Services Listings:
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> Bay Angels - Investors Welcome - Nov. 2 - South Bay

Bay Angels is pleased to announce its first of many events in the South Bay. This Thursday (11/2) from 6-8PM we will be holding a pitch event located at Promeets @ Spaces, 101 Jefferson Drive, Menlo Park. Five pre-screened companies will pitch to an audience of investors. Details on Eventbrite. Admission is complimentary to investors.
_____________________________________________

> Intellectual Property Services/Patent Applications Drafted

I provide a wide range of services relating to intellectual property including patents, trademarks, trade secrets and licensing. I am a registered patent attorney with over 27 years experience. I charge a flat fee of $4000.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. I have significant experience preparing software patents and I am familiar with the current patentability issues surrounding these type of patent applications. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; 6,850,920; 9,086,847; 9,178,555; 9,207,215; 9,426,183; 9,519,304; and 9,671,835. I am located in San Jose near the airport. If you are interested, please send inquiries to email@roarkip.com
_____________________________________________

> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/
_____________________________________________

> Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/

===================================================
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Advertising: If you are interested in advertising in our newsletters, call
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Tech Wire Mailing Address:
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Washington, DC 20003

Copyright: CapWire Inc. 2017











 

 

Wednesday, November 15, 2017

Bay Area Tech Wire - Nov. 15

==========================================
BAY AREA TECH WIRE -- Nov. 15, 2017
==========================================
Sponsored By: Baird - A Global Leader in Technology Banking

o San Jose-Based CY Vision Raises $7 Million in First Round of Funding
o San Francisco-Based Catalia Health Raises $4 Million in New Funding
o
Santa Clara-Based Clara Analytics Spins Out from Parent LeanTaaS
o Two from San Francisco Named 2017 EY Entrepreneurial Winning Women
o
Publisher Gannett to Re-Design Properties in USA Today Network
> Baird - A Global Leader in Technology Banking
o Briefly Noted: Ichor, 8x8, Fundbox
_____________________________________________

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

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_____________________________________________

o San Jose-Based CY Vision Raises $7 Million in First Round of Funding

San Jose, Calif. -- CY Vision, a San Jose-based developer of computational holographic technology designed to power AR and VR head worn displays, said on Wednesday it has raised $7 million in its first round of funding, led by Vestel Ventures. Intel Capital also took part in the round. CY Vision, which was spun out of Koc University, Istanbul's university lab in 2016. said its display technology will enable the use of holography for next generation AR and VR headsets. The company said the technology will make AR/VR a safer and more comfortable experience for users. "Our computational holographic technology, combined with pupil tracking, mimics exactly the way our brain and eyes function to present 3D information," said co-founder and CEO Orkun Oguz. "Our solutions generate the same information to the eyes that a real-world 3D scene would generate, with all the visual depth cues. We will use this investment to develop our technology further, which we believe will solve one of the biggest challenges in AR/VR today related to visual comfort."
http://www.cyd.tech/
http://www.businesswire.com/news/home/20171115005463/en/CY-Vision-Completes-Series-Funding-Vestel-Ventures 
_____________________________________________

o San Francisco-Based Catalia Health Raises $4 Million in New Funding

San Francisco -- Catalia Health, the San Francisco-based developer of an AI-powered patient engagement platform, said on Wednesday it has landed $4 million in a new round of funding, which the company is calling its "pre-Series A round." Ion Pacific led the round, which Catalia will use to begin patient rollout, expand into new disease states, grow the company and acquire new customers. Khosla Ventures, NewGen Ventures, Abstract Ventures and Tony Ling also participated in the round, which increased the company total funding to $7.75 million. Catalia's healthcare companion, Mabu, supports 117 million patients living with chronic illnesses such as rheumatoid arthritis, late-stage kidney disease and congestive heart failure. Mabu completes daily check-ins using tailored conversations with patients to help them manage care routines, overcome the challenges of isolating illnesses and provide insight to healthcare professionals about patient health, progress and adherence to treatment. "We've seen great traction since the close of our seed extension, and this additional funding is a great proof point for the platform we've developed and will help us more rapidly expand the number of patients who can benefit from interactions with Mabu," said founder and CEO Cory Kidd.
http://www.cataliahealth.com
http://www.businesswire.com/news/home/20171115005546/en/Catalia-Health-Raises-4-Million-Pre-Series-Power 
_____________________________________________

o Santa Clara-Based Clara Analytics Spins Out from Parent LeanTaaS

Santa Clara, Calif. -- Clara analytics, A Santa Clara-based developer of predictive analytics for workers' compensation, said on Wednesday it has spun off from parent LeanTaaS to operate as an independent company. The company uses artificial intelligence (AI) and machine learning to help workers' compensation claims teams with signals related to patient risk and provider quality. "The intention has always been to spin off Clara analytics when the time was right," said CEO Jayant Lakshmikanthan. "We've reached that point now with strong product traction and a great leadership team." The stand-alone company will be headed by Lakshmikanthan, with plans to expand into new office space as it becomes necessary.
http://www.claraanalytics.com
http://www.businesswire.com/news/home/20171115005290/en/CLARA-analytics-Spins-Parent-Company-LeanTaaS-Drive 
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o Two from San Francisco Named 2017 EY Entrepreneurial Winning Women

San Francisco -- A pair of Bay Area entrepreneurs have been named to the 2017 EY Entrepreneurial Winning Women list, chosen to participate in a program designed to connect them with the advisors, resources and insights they need to scale their businesses. Local winners included Christina Stembel of San Francisco-based e-commerce flower company Farmgirl Flowers and Laura Behrens Wu of San Francisco-based Shippo, developer of a shipping platform for businesses. Complete details on each are at the link below. There were 13 winners, in all.
http://www.ey.com/us/en/services/strategic-growth-markets/entrepreneurial-winning-women--current-award-winners
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o Publisher Gannett to Re-Design Properties in USA Today Network

McLean, Va. -- Gannett, the Virginia-based media giant behind USA Today and more than 100 local publications, said it plans to re-design all of the print and digital properties in its USA Today Network. The newspapers and websites -- including sites like Reviewed.com, For The Win and Grateful Ventures -- will incorporate USA Today's trademark blue color, along with new custom typefaces and four-column print layouts. The company said the move will help further unify its properties, which together reach more than 110 million readers across all platforms. "We are furthering our commitment by bringing the network together visually to showcase our reach to our readers, advertisers and partners," said Andy Yost, the chief marketing officer (CMO) of USA Today Network and Gannett. The rollout will continue for a majority of the company's local brands into early 2018. Gannett launched its USA Today Network in 2015.
http://www.gannett.com 
http://www.gannett.com/news/press-releases/2017/10/30/usa-today-network-visually-brings-local-and-national-brands-together/ 
_____________________________________________

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> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/

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o Briefly Noted:

(Fremont, Calif.) Fremont-based Ichor, a developer of critical fluid delivery subsystems for semiconductor capital equipment, has named Jeffrey Andreson as its chief financial officer (CFO), effective Dec. 6. Andreson most recently served as the CFO of Nanometrics, and previously was the CFO of Intevac.
http://ir.ichorsystems.com/phoenix.zhtml?c=254467&p=irol-newsArticle&ID=2316663

(San Jose, Calif.) San Jose-based 8x8, a developer of unified cloud communications products, said on Tuesday it will transfer its stock from the NASDAQ Global Select Market to the New York Stock Exchange. The company expects to begin trading on the NYSE on Dec. 8 under its current ticker symbol, "EGHT." It will continue to trade on the NASDAQ until the transfer is completed.
http://www.8x8.com
http://www.businesswire.com/news/home/20171115005014/en/8x8-Announces-Transfer-Listing-New-York-Stock 

(San Francisco) San Francisco-based Fundbox, a developer of small business credit and payment technology, has named former Uber finance executive Rose Zhong as its vice president of finance. The company also has expanded the leadership roles of Sebastian Rymarz to chief business officer and Prashant Fuloria to chief operations officer. Zhong previously held senior leadership positions at Uber within the company's marketplace product and finance organization. Rymarz, meanwhile, helped set Fundbox's corporate strategy and build out its finance, risk and analytics teams, and Fuloria served as its chief product officer.
http://www.fundbox.com
https://www.prnewswire.com/news-releases/fundbox-adds-uber-exec-and-expands-key-leadership-roles-300554724.html 

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Bay Angels is pleased to announce its first of many events in the South Bay. This Thursday (11/2) from 6-8PM we will be holding a pitch event located at Promeets @ Spaces, 101 Jefferson Drive, Menlo Park. Five pre-screened companies will pitch to an audience of investors. Details on Eventbrite. Admission is complimentary to investors.
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> Intellectual Property Services/Patent Applications Drafted

I provide a wide range of services relating to intellectual property including patents, trademarks, trade secrets and licensing. I am a registered patent attorney with over 27 years experience. I charge a flat fee of $4000.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. I have significant experience preparing software patents and I am familiar with the current patentability issues surrounding these type of patent applications. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; 6,850,920; 9,086,847; 9,178,555; 9,207,215; 9,426,183; 9,519,304; and 9,671,835. I am located in San Jose near the airport. If you are interested, please send inquiries to email@roarkip.com
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> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/
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Tuesday, November 14, 2017

Bay Area Tech Wire - Nov. 14

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BAY AREA TECH WIRE -- Nov. 14, 2017
==========================================
To subscribe: www.bayareatechwire.com

o Santa Clara-Based LeanTaaS Lands $26 Million Investment from IVP
o San Francisco-Based TrueAccord Raises $22 Million in Second Round
o
San Francisco-Based GI Partners Closes New $2.7 Billion Fund
o
China's Didi Chuxing Opens U.S. Research Campus in Mountain View
o
Bethany Mayer to Resign as President of Keysight's Ixia Solutions Group
o S.F.-Based Apartment List Acquires Maguire & Fish to Bolster Hiring Efforts
o Briefly Noted: Artis Ventures - Locus Biosciences, CloudBees,
Planisware North America
_____________________________________________

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

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Intellectual Property Services / Patent Applications Drafted
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o Santa Clara-Based LeanTaaS Lands $26 Million Investment from IVP

Santa Clara, Calif. -- LeanTaaS, a Santa Clara-based developer of software for healthcare providers, said on Tuesday it has landed a new $26 million investment from Insight Venture Partners (IVP) in its second round of funding. The company said it will use the proceeds to further bolster its core iQueue platform, a cloud service that works with any electronic health record system. The platform uses predictive analytics and machine learning to help more than 40 hospitals and infusion centers keep expensive assets like infusion chairs, operating rooms, diagnostic imaging equipment and inpatient beds from being over- or underutilized. The company said the technology reduces wait times for appointments and surgeries by up to 50%, while also increasing g patient access and improving operational performance through increased revenue and reduced costs. "This investment from Insight Venture Partners is a strong validation of our approach and will enable us to dramatically accelerate our growth over the coming years," said founder and CEO Mohan Giridharadas.
http://www.leantaas.com
https://www.insightpartners.com/ 
https://leantaas.com/blog/insight-venture-partners-invests-26m-series-b-in-leantaas-to-fuel-growth-of-healthcare-operations-platform/ 
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o San Francisco-Based TrueAccord Raises $22 Million in Second Round

San Francisco -- TrueAccord, the San Francisco-based developer of a data-driven debt collection platform, said on Tuesday it has raised $22 million in its second round of funding, led by Arbor Ventures. Nyca Investment Partnership, Assurant Growth Investing, Caffeinated Capital Fund, Felicis Venture, TenOneTen and Crystal Towers also participated in the round. The company, which was founded in 2013, said it will use the latest funding to fuel the ongoing development of its platform, which is designed to help businesses collect more debt online than traditional methods. Clients include top 10 issuers, leading creditors, and technology companies such as Yelp and LendUp, with more than $1.5 billion of debt flowing through the platform since 2014. "It was the personal experience of dealing with a debt collector that made me realize the traditional collections industry was ripe for disruption with technology innovation and a more human approach," said Ohad Samet, the CEO of TrueAccord. "We are seizing this opportunity to use machine learning to humanize debt collection for good."
http://www.trueaccord.com
http://www.businesswire.com/news/home/20171114005699/en/TrueAccord-Closes-22M-Series 
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o San Francisco-Based GI Partners Closes New $2.7 Billion Fund

San Francisco -- GI Partners, a middle market private equity firm based in San Francisco, said on Tuesday it has closed a new $2.7 billion fund, surpassing its initial target by about $400 million. The fund, known as GI Partners Fund V, will make control-oriented investments in North American middle market businesses from sectors such as IT infrastructure, healthcare, software and services. "We are excited to further build our investment portfolio from the attractive pipeline of investment opportunities we have identified," said Rick Magnuson, the firm's founder and executive managing director. Fund V was activated in August when it invested in the $1.675 billion acquisition of ViaWest from Shaw Communications, creating a major provider of colocation, connectivity, cloud and managed services. GI completed its previous $2 billion fund, GI Partners Fund IV, in 2014.
http://www.gipartners.com
https://www.gipartners.com/news/gi-partners-closes-oversubscribed-fund-v-with-27-billion-in-limited-partner-commitments 
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o China's Didi Chuxing Opens U.S. Research Campus in Mountain View

Mountain View, Calif. -- Didi Chuxing, the Chinese developer of a mobile transportation platform, on Tuesday opened its main U.S. research facility in Mountain View, with an eye of growing and expanding its Bay Area team. The new campus is located on National Avenue, with offices covering 36,000 square feet and capacity for more than 200 employees. Didi focuses on AI-based security and intelligent driving technologies for the transportation industry. "It is vital to strengthen a global community and dialogue among innovators and local partners as technology revolutionizes the way the world moves at an ever-faster pace," said Bob Zhang, the company's chief technology officer (CTO). "DiDi Labs in Mountain View is ready to play a greater role in this community." DiDi acquired Uber China in mid-2016.
http://www.didichuxing.com/en/
http://www.businesswire.com/news/home/20171114006230/en/DiDi-Labs-Opens-New-Campus-Mountain-View 
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o Bethany Mayer to Resign as President of Keysight's Ixia Solutions Group

Santa Rosa, Calif. -- Keysight Technologies, a Santa Rosa-based tech company that helps customers optimize networks and bring electronic products to market faster, said on Tuesday that Bethany Mayer will step down from her role as president of its Ixia Solutions Group to pursue other interests, effective Dec. 1. Mark Pierpoint, currently the vice president and general manager of Internet infrastructure solutions within the company's Communications Solutions Group, will become acting president. Mayer, formerly the president and CEO of Ixia, joined Keysight following its acquisition of Ixia in April.
http://www.keysight.com 
http://www.businesswire.com/news/home/20171114005614/en/Keysight-Technologies-Announces-Departure-Bethany-Mayer-Mark
_____________________________________________

o S.F.-Based Apartment List Acquires Maguire & Fish to Bolster Hiring Efforts

San Francisco -- Apartment List, the San Francisco-based developer of an online apartment rental marketplace, said on Tuesday it has acquired talent agency Maguire & Fish, naming founder Neil Kucera as its head of talent. Financial terms of the deal were not disclosed. Apartment List, which recently announced its work with Facebook Marketplace and signed a long-term partnership with Homes.com, said the acquisition will bolster its hiring efforts. Kucera previously worked in operations at Google, where he provided operational support to the engineering and project management teams responsible for developing new programs and features for Google Maps. He also was a partner at Fortis Partners and a division lead at VonChurch before starting Maguire & Fish in 2015.
http://www.apartmentlist.com
http://www.businesswire.com/news/home/20171113006451/en/Apartment-List-Acquires-Talent-Powerhouse-Maguire-Fish 
_____________________________________________

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> Intellectual Property Services/Patent Applications Drafted

I provide a wide range of services relating to intellectual property including patents, trademarks, trade secrets and licensing. I am a registered patent attorney with over 27 years experience. I charge a flat fee of $4000.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. I have significant experience preparing software patents and I am familiar with the current patentability issues surrounding these type of patent applications. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; 6,850,920; 9,086,847; 9,178,555; 9,207,215; 9,426,183; 9,519,304; and 9,671,835. I am located in San Jose near the airport. If you are interested, please send inquiries to email@roarkip.com


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o Briefly Noted:

(San Francisco) San Francisco-based venture capital firm Artis Ventures said on Tuesday it has led a new $19 million round of funding for North Carolina-based biotechnology startup Locus Biosciences, which is developing CRISPR-based "smart bombs" that kill antibiotic-resistant superbugs. Tencent Holdings, Abstract Ventures and the North Carolina Biotechnology Center also took part in the company's first round, which will fund the company through filing its first IND, as well as a subsequent first-in-human trial.
http://www.artisventures.com
https://www.prnewswire.com/news-releases/locus-biosciences-closes-19-million-series-a-led-by-artis-ventures-for-crispr-cas3-antimicrobials-300555115.html?tc=eml_cleartime 

(San Jose, Calif.) San Jose-based CloudBees, a developer of continuous delivery tools designed to help DevOps teams respond quickly to a business's software delivery needs, on Tuesday named Evangelina Vallez as its vice president of human resources. Vallez most recently served as the senior director of human resources at Splunk for five years.
https://www.cloudbees.com/press/cloudbees-announces-evangelina-vallez-vice-president-human-resources 

(San Francisco) San Francisco-based Planisware North America, a developer of project and product portfolio management software, said on Tuesday it has opened a new office in Montreal. The company said the office will serve as a home base for consultants working with partners and customers in the region, and support continued growth throughout Canada.
https://www.planisware.com/news/planisware-north-america-opens-office-montreal 

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> Intellectual Property Services/Patent Applications Drafted

I provide a wide range of services relating to intellectual property including patents, trademarks, trade secrets and licensing. I am a registered patent attorney with over 27 years experience. I charge a flat fee of $4000.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. I have significant experience preparing software patents and I am familiar with the current patentability issues surrounding these type of patent applications. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; 6,850,920; 9,086,847; 9,178,555; 9,207,215; 9,426,183; 9,519,304; and 9,671,835. I am located in San Jose near the airport. If you are interested, please send inquiries to email@roarkip.com
_____________________________________________

> Baird - A Global Leader in Technology Banking

Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/

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Copyright: CapWire Inc. 2017