Bay Area Tech Wire - Aug. 26

[Bay Area Tech Wire]

	========================= BAY AREA TECH WIRE -- Aug. 26 ========================= Sponsored by: Billington CyberSecurity Summit in Washington, DC - Sept 4-5 o S.F.-Based Entelo Acquires ConveyIQ, Raises New Round of Funding  o Palo Alto-Based VMware to Acquire Carbon Black in $2.1 Billion Deal o San Jose-Based Cisco Acquires CloudCherry o Mill Valley-Based Glassdoor Promotes Christian Sutherland-Wong to CEO o Sunnyvale-Based CrowdStrike Teams with Accel on $20 Million Fund  o Briefly Noted: Vantage Data Centers, Cred, TechSoup - VMware Foundation __________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Billington CyberSecurity Summit in Washington, DC - Sept 4-5 Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Want to post an ad? Click Here. __________________________ o S.F.-Based Entelo Acquires ConveyIQ, Raises New Round of Funding  San Francisco -- Entelo, the San Francisco-based developer of a recruiting automation platform, said on Monday it has acquired New York-based ConveyIQ, a developer of candidate engagement software, and raised a new round of funding. Financial terms of the deals were not disclosed. Entelo said the acquisition will allow it to offer the end-to-end management of all candidate interactions from source to hire. The funding came from backers of both companies, including Battery Ventures, Shasta Ventures, USVP, 3TS Capital Partners, SC Ventures and StarVest Partners. ConveyIQ founder and CEO Danielle Weinblatt will assume the role of president and chief product officer of the combined company, with Andrew Schafer becoming its chief technology officer (CTO) and Larry Murff its chief financial officer (CFO). https://www.entelo.com/ http://www.conveyiq.com https://www.prnewswire.com/news-releases/entelo-acquires-conveyiq-300906840.html __________________________ o Palo Alto-Based VMware to Acquire Carbon Black in $2.1 Billion Deal Palo Alto, Calif. -- VMware, the Palo Alto-based developer of cloud computing and virtualization software, said late last week it will acquire Massachusetts-based Carbon Black, a developer of cloud-native endpoint protection tools, in an all-cash deal valued at $2.1 billion. The company, which will pay $26 a share, said the acquisition will allow it to offer a security cloud capable of protecting enterprise workloads and clients through big data, behavioral analytics and AI. "By bringing Carbon Black into the VMware family, we are now taking a huge step forward in security and delivering an enterprise-grade platform to administer and protect workloads, applications and networks," said CEO Pat Gelsinger. The deal is expected to close by the end of January. https://www.carbonblack.com/ https://www.vmware.com/company/news/releases/vmw-newsfeed.VMware-Enters-Definitive-Agreement-to-Acquire-Carbon-Black.1905770.html __________________________ o San Jose-Based Cisco Acquires CloudCherry San Jose, Calif. -- Cisco, the San Jose-based networking equipment giant, said on Monday it will acquire Salt Lake City-based CloudCherry, developer of a customer experience management platform. Financial terms of the deal were not disclosed. The acquisition adds predictive analytics capabilities designed to help contact center agents make real-time decisions on matters such as cross-selling, discounts and service modifications. "This is the next step in realizing our vision for cognitive collaboration in the contact center, enabling the delivery of the best, most personalized customer experiences, ultimately improving customer loyalty and lifetime value," said Vasili Triant, the vice president and general manager of Cisco Contact Center Solutions. http://www.cisco.com https://finance.yahoo.com/news/cisco-announces-intent-acquire-cloudcherry-120000233.html __________________________ o Mill Valley-Based Glassdoor Promotes Christian Sutherland-Wong to CEO Mill Valley, Calif. -- Glassdoor, the Mill Valley-based operator of a large job and recruiting website, said on Monday it has promoted Christian Sutherland-Wong to the role of CEO. Sutherland-Wong, who had been the company's president and chief operating officer (COO), succeeds co-founder Robert Hohman, who will remain as chairman. Both appointments become effective on Jan. 6. "This promotion is well-deserved as it reflects his day-to-day responsibilities and I have full confidence that Christian will build on the success he's brought to Glassdoor," said Hohman. "Christian is one of the most strategic and thoughtful leaders I've ever known. Glassdoor hirted Sutherland-Wong as a vice president in 2015, promoting him to COO in 2018 and president earlier this year.  https://www.glassdoor.com/blog/ceo-announcement/ __________________________  o Sunnyvale-Based CrowdStrike Teams with Accel on $20 Million Fund  Sunnyvale, Calif. -- CrowdStrike, a Sunnyvale-based developer of endpoint protection tools, said it has launched a new $20 million early-stage investment fund in partnership with Accel. The fund, known as the Falcon Fund, will make seed and first-round investments in startups building applications on the company's platform. "Falcon Fund will provide the resources needed to take advantage of the open API-model of the CrowdStrike platform to stop cyber threats and improve IT operations," said Sameer Gandhi, a partner at Accel.  https://www.crowdstrike.com/ https://www.businesswire.com/news/home/20190826005177/en/CrowdStrike-Announces-Establishment-Falcon-Fund __________________________   o Briefly Noted:  (Santa Clara, Calif.) Santa Clara-based Vantage Data Centers, a developer of wholesale data centers, said on Monday it has raised $692 million of additional capital through $548 million in securitized notes and another $144 million in project-based construction debt financing from a consortium of banks. The company said it will use the proceeds to refinance existing credit facilities, as well as fuel the development of data centers across North America. https://vantage-dc.com/vantage-data-centers-secures-us692-million-in-additional-capital-to-accelerate-north-american-expansion/ (San Francisco) San Francisco-based Cred, developer of a crypto-backed lending and borrowing platform, on Monday named Joe Podulka, a 10-year veteran of eBay and PayPal, as its chief financial officer (CFO). The company also has hired financial regulatory lawyer Dan Wheeler as its general counsel.  http://www.mycred.io https://www.businesswire.com/news/home/20190826005009/en/Cred-Appoints-PayPal-Executive-Bryan-Cave-Partner (San Francisco) San Francisco-based TechSoup, a nonprofit network provider of technology to civil society organizations, said on Monday it has received a $2.5 million grant from the VMware Foundation. The funds will help TechSoup significantly expand its offerings and nearly double the number of nonprofit organizations it serves. https://www.techsoup.org/ https://www.prnewswire.com/news-releases/techsoup-receives-2-5-million-grant-from-vmware-to-scale-global-impact-for-nonprofits-300906839.html                    ============== 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 > Billington CyberSecurity Summit in DC - Sept 4-5 The summit has become the world's leading summit on government cybersecurity. You will network with 800+ attendees and hear from the “who’s who” of cybersecurity influencers in the U.S. and allied partners. Get ready for a day-and-a-half of high level knowledge sharing and networking. Use promo code PT200 for a $200 discount. More info at: https://www.cybersummitdc.com/ _______________________                       > Advertising on Bay Area Tech Wire Post jobs, events, webinars, white papers 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 or send email to pa...@techwiremedia.com   News tips, press releases. Send email to: edit...@bayareatechwire.com  Tech Wire Mailing Address: P.O. Box 15180 Washington, DC 20003 Copyright 2019

 

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