| ========================================== BAY AREA TECH WIRE -- Nov. 28, 2017 ========================================== o Cyber Monday Becomes Largest Online Sales Day in History o Elon Musk's SpaceX Raises Another $100 Million in Funding o San Mateo-Based Apttus Names Terry Schmid as CFO o Dictionary.com Names "Complicit" 2017 Word of the Year International Multimedia Telecommunications Consortium - MEF, _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Doing Business With DoD and The INTEL Community - Nov. 28 --Intellectual Property Services / Patent Applications Drafted --Baird - A Global Technology Investment Banking Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com _____________________________________________ o Cyber Monday Becomes Largest Online Sales Day in History San Jose, Calif. -- When the final numbers are in, Cyber Monday is projected to rank as the largest online sales day in history, according to new online shopping data from Adobe. All told, Cyber Monday was expected to rake in $6.59 billion for the day, am increase of nearly 17%, year-over-year. By comparison, Black Friday and Thanksgiving Day brought in $5.03 billion and $2.87 billion in revenue, respectively. Top sellers on Cyber Monday included the Nintendo Switch, PJ Masks and Hatchimals & Colleggtibles figurines, Apple AirPods, streaming devices like Google Chromecast and Roku, and Super Mario Odyssey, the video game. "Shopping and buying on smartphones is becoming the new norm and can be attributed to continued optimizations in the retail experience on mobile devices and platforms," said Mickey Mericle, Adobe's vice president of marketing and customer insights. "Consumers are also becoming more savvy and efficient online shoppers. People increasingly know where to find the best deals and what they want to purchase, which results in less price matching behavior typically done on desktops. Millennials were likely another reason for the dramatic growth in mobile, with 75% expecting to shop via their smartphone." http://news.adobe.com/press-release/experience-cloud/adobe-data-shows-cyber-monday-largest-online-sales-day-history-659 _____________________________________________ o S.F.-Based Unity Technologies to Acquire Multiplay from GAME Digital San Francisco -- Unity Technologies, the San Francisco-based maker of a development platform used to create rich interactive 2D, 3D, VR and AR experiences, said on Tuesday it will pay approximately $25.1 million to acquire Multiplay and its game hosting business from U.K.-based GAME Digital. GAME will retain its events business and associated IP. "The team at Multiplay have created scalable multiplayer technology that gives all game creators, from indies to AAA studios, the ability to create performant experiences that can serve hundreds of thousands of players at once," said Unity CEO John Riccitiello. Multiplay serves games including Titanfall 2 (Respawn Entertainment/Electronic Arts), Rocket League (indie developer Psyonix) and Rust (Facepunch Studios). Multiplay will continue to operate under its current brand, with its entire staff joining Unity. https://unity3d.com/ http://www.businesswire.com/news/home/20171128005627/en/Unity-Technologies-Acquires-Game-Hosting-Division-Multiplay _____________________________________________ o Elon Musk's SpaceX Raises Another $100 Million in Funding Hawthorne, Calif. -- SpaceX, the Hawthorne-based space exploration startup led by Tesla co-founder Elon Musk, said it has raised another $100 million, increasing its latest funding round to $450 million. Twenty-five investors took part in the round, according to documents filed with the Securities and Exchange Commission (SEC). The latest news comes three months after the company -- now valued at $21.5 billion, according to Equidate -- raised the initial $350 million of the round. SpaceX has developed rockets capable of taking off, delivering a payload, then landing back on a platform in the Atlantic Ocean. Musk also recently outlined plans to launch thousands of satellites into orbit to create a massive high-speed Internet network. https://www.sec.gov/Archives/edgar/data/1181412/000118141217000002/xslForm DX01/primary_doc.xml _____________________________________________ o San Mateo-Based Apttus Names Terry Schmid as CFO San Mateo, Calif. -- Apttus, the San Mateo-based developer of cloud software that drives the business process between a buyer's interest in a purchase and the realization of revenue, on Tuesday named Terry Schmid as its chief financial officer (CFO). Schmid for the past seven years served as the CFO of Imperva, guiding that company through its 2011 initial public offering (IPO). He previously was the CFO at Coremetrics, which was acquired by IBM. The hire is key for a company that has raised $274 million since its inception, including $88 million in a round last year, and is looking ahead to the possibility of an IPO. "Terry's proven experience of helping high growth technology companies expand on a global basis meshes perfectly with Apttus' current evolution and future growth strategy," said CEO Kirk Krappe. http://www.apttus.com https://apttus.com/press_room/apttus-appoints-terry-schmid-chief-financial-officer/ _____________________________________________ o Dictionary.com Names "Complicit" 2017 Word of the Year Oakland -- Dictionary.com on Monday named "complicit" as its 2017's Word of the Year, after online lookups of the word on its site spiked three-fold. The site defines the word, which has been featured in the coverage of several major news stories, as "choosing to be involved in an illegal or questionable act, especially with others." "Lookups for the word complicit increased by nearly 300 percent in searches in 2017 as compared to 2016," said CEO Liz McMillan, CEO. "We continue to see a direct correlation between trending word lookups and current events." Other words that trended during the year included: "intersex" (in January), thanks to model Hanne Gaby Odiele speaking up about being intersex to break taboos; "shrinkage" (in February), because the house featured on the famous episode of Seinfeld where this term was introduced was placed on the market; "tarnation" (in the first few months of 2017), due to the "What in tarnation" meme, in which people circulated images of animals and objects wearing cowboy hats; "horologist" (this year), thanks to the subject of the podcast S-Town, who worked as a clockmaker; and "totality" (in August), in relation to the solar eclipse. http://www.dictionary.com/ https://www.prnewswire.com/news-releases/dictionarycom-names-complicit-2017-word-of-the-year-300560669.html _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based app design and development firm ArcTouch has named Chris Reichard as its executive vice president of enterprise mobility. Reichard, a former robotics and space flight engineer at NASA through Lockheed Martin Space Mission Systems, most recently served as the director of mobility solutions at Schlumberger. https://arctouch.com/2017/11/app-maker-chris-reichard/ (San Francisco) San Francisco-based Zendesk, a developer of software designed to help companies improve customer engagement and better understand their clients, has named Mike Frandsen to its board of directors. Frandsen currently serves as the executive director of products at Workday, and previously was the CEO of Potenco and TradePoint Solutions. https://www.zendesk.com/company/press/zendesk-adds-workday-executive-mike-frandsen-board-directors/ (Sunnyvale, Calif.) Sunnyvale-based Arctic Wolf Networks, a provider of cybersecurity services to small and mid-sized businesses, said on Tuesday it has opened new offices in Eden Prairie, Minn. The company, which had 300% year-over-year growth, plans to house 30-40 employees at the office within the first year. https://arcticwolf.com/company/contact-us/?Referrer=Website (San Jose, Calif.) San Jose-based enterprise cloud computing company Nutanix has named Tyler Wall as its chief legal officer. Wall most recently was the senior vice president and general counsel at San Francisco-based Red Book Connect, and previously was the vice president, general counsel, chief compliance officer and corporate secretary of Brocade. https://www.nutanix.com/company/press-releases/ (San Ramon, Calif.) The San Ramon-based International Multimedia Telecommunications Consortium (IMTC), an industry organization promoting the development of interoperable, real-time, multimedia telecom products and services, said on Tuesday it will merge with MEF. IMTC said its key activities will continue to be available through the MEF, including the organization's annual SuperOp! testing event and its ongoing work on simulcast and scalable video, real-time media software-defined networks, WebRTC and the Internet of Things. http://www.imtc.org/ http://www.businesswire.com/news/home/20171128005052/en/IMTC-Finalizes-Merger-MEF =================================================== Job/Event/Services Listings: =================================================== To Post in Job/Event/Marketplace: http://www.bayareatechwire.com 7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300 > 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. 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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/ =================================================== Subscribe to other newsletters from Tech Wire Media Group: Potomac Tech Wire: http://www.potomactechwire.com Bay Area Tech Wire: http://www.bayareatechwire.com Advertising: If you are interested in advertising in our newsletters, call Paul Sherman at 1-301-656-0057 x1103 or send email to paul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: P.O. Box 15180 Washington, DC 20003 Copyright: CapWire Inc. 2017
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Tuesday, November 28, 2017
Bay Area Tech Wire - Nov. 28
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