Bay Area Tech Wire - Sept. 9

[Bay Area Tech Wire]

	========================= BAY AREA TECH WIRE -- Sept. 9 ========================= o San Jose-Based AppZen Raises $50 Million in Third Round of Funding  o San Francisco-Based VIM lands $24 Million in Second Round of Funding  o San Francisco-Based AppSmart Acquires Telegration o Redwood City-Based Informatica Invests in GreenBay Technologies o Survey: Two-Thirds of Parents Say Digital Age Has Made Parenting Harder  o Briefly Noted: Open Systems, BlackThorn Therapeutics __________________________ Event/Job Listings: --New: 2nd Annual DataTribe Challenge - Apply to Present --Data Science Fellowship Want to post an ad? Click Here. __________________________ o San Jose-Based AppZen Raises $50 Million in Third Round of Funding  San Jose, Calif. -- AppZen, the San Jose-based developer of an AI platform for finance teams, said on Monday it has raised $50 million in its third round of funding, led by Coatue Management. Previous backers Redpoint Ventures and Lightspeed Venture Partners also participated in the round, which increased the company's total funding to more than $100 million. AppZen's platform automates manual processes, uncovers problems and optimizes decision making for more than 1,500 clients, including Airbus, Amazon, Novartis and Salesforce. “With this funding, we are able to focus on expanding our AI, engineering and product teams while maintaining our unique company culture, supporting the needs of our customers and expanding our capabilities," said co-founder and CEO Anant Kale.   http://www.appzen.com https://www.businesswire.com/news/home/20190909005314/en/AppZen-Raises-50-Million-Series-Funding-Transform __________________________ o San Francisco-Based VIM lands $24 Million in Second Round of Funding  San Francisco -- Vim, the San Francisco-based developer of a healthcare technology platform used for collaboration between health plans and care providers, said on Monday it has landed $24 million in its second round of funding, led by Optum Ventures. Premera Blue Cross and previous backers Great Point Ventures and Sequoia Capital also participated. Vim said it will use the capital to fuel rapid expansion across new U.S. markets, as well as accelerate product development and hiring activities. Vim’s platform is designed to help doctors and patients choose the right care providers through online booking. The company currently has access to about 10 million patients and 150,000 providers through major health plan partners in the U.S. "It’s more important than ever that we use technology to help patients access high-quality care and reward care providers for delivering value," said co-founder and CEO Oron Afek. "We’ve already proven we can drive a meaningful impact in Washington, Alaska, Florida and Texas, and we’re excited to leverage our recent investment to reach more patients and care providers.”  https://getvim.com/ https://www.businesswire.com/news/home/20190909005167/en/Vim-Healthcare-Platform-Health-Plan-Provider-Collaboration-Raises __________________________ o San Francisco-Based AppSmart Acquires Telegration San Francisco -- AppSmart, the San Francisco-based operator of a website offering B2B technology services from companies such as Google, Microsoft, AT&T and Verizon, said on Monday it has acquired Michigan-based Telegration, a distributor of tech services from more than 150 partners. Financial terms of the deal were not disclosed. Founded in 1990, Telegration offers a range of voice, Internet, long distance, mobility, cable, data, cloud, hosted PBX and managed IT services. “Similar to how Amazon is the everything store for consumers, AppSmart is designed to be the digital services store for businesses -- from cloud to wireless to energy," said Telegration founder and CEO Denis Raue, now AppSmart's vice president of corporate development. https://www.appsmart.com/ https://www.businesswire.com/news/home/20190909005032/en/AppSmart-Acquires-Master-Agent-Telegration-Strategic-Expansion __________________________ o Redwood City-Based Informatica Invests in GreenBay Technologies Redwood City, Calif. -- Informatica, the Redwood City-based cloud data management company, said on Monday it has invested an unspecified amount in Wisconsin-based GreenBay Technologies, a data management startup focused on AI and machine learning. Through the deal, GreenBay will develop AI tools designed to strengthen the impact of Informatica's AI-powered CLAIRE engine. "GreenBay Technologies is a clear choice for investment and the right partner to advance our AI and machine learning research capabilities," said Amit Walia, Informatica's president of products and marketing. "We're looking forward to what we can develop together." http://www.informatica.com https://www.prnewswire.com/news-releases/informatica-invests-in-ai-and-machine-learning-startup-greenbay-technologies-300914071.html __________________________  o Survey: Two-Thirds of Parents Say Digital Age Has Made Parenting Harder  San Francisco -- More than 67% of parents surveyed believe the digital age has made parenting more difficult, and 25% wish the Internet was never invented, according to a new survey from San Francisco-based Life360. Of parents with children older than 13, more than half (56%) said they access their social media accounts for monitoring purposes, which they check 3.4 times a day, on average. In addition, two of the top three concerns for parents of elementary-aged children are specific to the digital age -- 47% worry their kids are spending too much time in front of screens, and 41% are concerned they're being negatively influenced by the media. The results, available at the link below, are based on an online survey of 2,000 U.S. parents with children ages 6-25, conducted by OnePoll.  https://www.life360.com/blog/parenting-in-the-digital-age/ __________________________  o Briefly Noted:  (Redwood City, Calif.) Open Systems, a Swiss provider of network and security as-a-service with U.S. headquarters in Redwood City, on Monday named Jeff Brown as its new CEO. He succeeds Martin Bosshardt, who had served as CEO for the past 17 years, and will continue to be involved in the business in an unspecified role. http://www.open-systems.com https://www.businesswire.com/news/home/20190909005197/en/Open-Systems-Welcomes-Jeff-Brown-CEO (San Francisco) San Francisco-based BlackThorn Therapeutics, a neurobehavioral health company using AI to advance its targeted therapeutics for treating brain disorders, on Monday named Monique Levy as its chief strategy officer. Levy most recently served as the global head of strategy and partnerships at iCarbonX Group.  http://www.blackthornrx.com https://www.businesswire.com/news/home/20190909005242/en/BlackThorn-Therapeutics-Appoints-Healthcare-Technology-Innovator-Monique                                        ============== 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 > 2nd Annual DataTribe Challenge - Apply to Present  If you are working on an early stage cyber or data science idea, apply to the DataTribe challenge for an opportunity to receive $20,000 in prize money and a chance for up to $2M in seed equity funding.  DataTribe is a cybersecurity and data science startup foundry. DataTribe commits capital, in-kind services and decades of professional expertise to co-build the next generation of cybersecurity, data and analytics companies. To learn more check out www.datatribe.com and www.datatribe.com/challenge  __________________________  > Data Science Fellowship Pathrise invests in undervalued university students or young professionals by coaching them to get a competitive job. The program is completely free upfront. In exchange, Pathrise fellows agree to pay back a share of their first year's salary if and only if they get hired. Pathrise is based on insights from hundreds of hiring managers in tech; this means everyone from heads of marketing of publicly traded companies to startup CEOs. We've been featured in TechCrunch, VentureBeat, EdSurge, and The Atlantic as the "Y Combinator for your career." To date, we've worked with over 500 fellows and have helped them land offers at Facebook, Uber, Google, Oath, Amazon, and other top companies or exciting startups. The Pathrise Fellowship is a program for students and new grads that helps you land the best job possible in tech. During the fellowship, you receive 1-on-1 mentorship from experienced industry data scientists, analysts, managers, and recruiters. You learn systems to attract the attention of any company you want, find out insider information on how to ace your interviews, and more. We even directly refer you to companies in our network until you find a job you love. For more information, go to: https://www.pathrise.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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