QuorumLabs Completes $11 Million in Funding
January 17, 2012
QuorumLabs announced that it has closed $11 million in a funding round led by Airtek Capital Group. Alliance member Larry Lang is the CEO of QuorumLabs.
QuorumLabs Completes $11 Million in Funding
January 17, 2012
QuorumLabs announced that it has closed $11 million in a funding round led by Airtek Capital Group. Alliance member Larry Lang is the CEO of QuorumLabs.
Kimpton Hotels Makes FORTUNE's "Best Companies to Work For"
January 16, 2012
Congratulations to Alliance member Mike Depatie and Kimpton Hotels & Restaurants upon being named the 16th Best Place to Work by Fortune Magazine.
Private Ocean Navigates Choppy Financial Market
January 13, 2012
San Francisco Business Times reporter Hannah Albarazi profiled Alliance member, Richard Stone and Private Ocean.
Jamba Juice Launches Next Phase of Growth
January 9, 2012
Jamba Juice officials outlined a second phase of the smoothie chain’s ongoing plan to accelerate its growth into a global health-and-wellness brand. Jamba Juice is led by Alliance member James White.
Lam Research Agrees to Buy Novellus Systems for $3.3 Billion
December 15, 2011
Lam Research Corp. agreed to buy Novellus Systems Inc. for about $3.3 billion in stock, combining two of the chip-equipment industry’s biggest companies in a challenge to market leader Applied Materials Inc. Alliance member, Steve Newberry is Vice Chairman of Lam.
Toolwire Wins Red Herring Global 100 Award
December 12, 2011
Toolwire, the world leader in experiential learning technologies, announced that it has been named to the Red Herring Global 100, a prestigious list recognizing the leading private technology companies in North America, Europe, and Asia. Toolwire is led by Alliance member John Valencia.
Chip Test Equipment Maker Microprobe Doubles Revenue
December 9, 2011
Microprobe, led by Alliance Member Mike Slessor, is a 38-year-old manufacturer of semiconductor test equipment that is on track to do $85 million in revenue this year, up from just $35 million in 2009.
How Alain Couder Restructured Oclaro’s Leadership
December 1, 2011
Alliance member Alain Couder and Oclaro were profiled in Smart Business.
Vine Solutions Serves Up Back Office for Restaurants
November 18, 2011
San Francisco Business Times reporter Rob Jordan profiled Alliance member, Ed Levine and Vine Solutions.
Tregaron Announces Agreement to Sell Endurance International Group
November 17, 2011
Tregaron announced that it has signed an agreement to sell a majority of its stake in portfolio company Endurance International Group to Warburg Pincus and GS Capital Partners. Tregaron is led by Alliance member JR Matthews.
Mike Depatie of Kimpton Hotels Among Most Admired CEOs in Bay Area
November 15, 2011
Congratulations to Mike Depatie of Kimpton Hotels & Restaurants who was named by the San Francisco Business Times as a 2011 Most Admired CEO.
Mendel Biotechnology Raises $11.8M Toward $36M Target
November 11, 2011
Mendel Biotechnology, a Hayward company manipulating plant genes for the bio-agriculture and bioenergy fields, has raised $11.8 million. Alliance member Neal Gutterson is the President & CEO of Mendel.
Facebook Acquires Strobe
November 9, 2011
Facebook yet another small acquisition, snapping up HTML5 app distribution platform company Strobe, led by Alliance member, Charles Jolley.
Private Ocean CEO Receives Schwab IMPACT® Leadershilp Award
November 4, 2011
Alliance member Richard Stone, CLU, CFP has been recognized for a lifetime of contributions to the financial planning industry and was awarded the prestigious Schwab IMPACT® Leadership Award.
7 Alliance Members on the List of the Bay Area's Fastest Growing Private Companies
October 28, 2011
Seven companies, led by Alliance Members, were named to the list of the Fastest Growing Private Companies in the Bay Area by the San Francisco Business Times and the Silicon Valley/San Jose Business Journal.
DotNetNuke Opens Door to Better Web Sites
October 28, 2011
San Francisco Business Times reporter Krystal Peak profiled Alliance member, Navin Nagiah and DotNetNuke.
NeoPhotonics Completes Acquisition of Santur Corporation
October 13, 2011
NeoPhotonics Corporation, a leading designer and manufacturer of photonic integrated circuit based modules and subsystems for bandwidth-intensive, high speed communications networks, announced that it has completed the acquisition of privately held Santur Corporation, a leading designer and manufacturer of Indium Phosphide (InP) based PIC products. Alliance member Paul Meissner is the CEO of Santur.
SciClone Pharmaceuticals Announced Share Repurchase Program
October 4, 2011
SciClone Pharmaceuticals announced that its Board of Directors has approved a share repurchase program that authorizes the company to repurchase up to $20 million of its outstanding common stock over the next 24 months. Alliance member Friedhelm Blobel is SciClone's President & CEO.
Coupa Software Wins Technology Excellence Award for P2P Automation
September 27, 2011
Coupa Software announced that the Company has been selected by PayStream Advisors as a Technology Excellence Award winner for Innovation in Purchase to Pay Automation. Coupa is led by CEO Rob Bernshteyn.
Power Assure Secures $13.5 Million Funding Round
September 26, 2011
Power Assure, a data center infrastructure and energy management solutions provider, announced that it has closed a new round of funding, securing $13.5 million in Series B financing. Power Assure is led by Alliance member Brad Wurtz.
EORM Offers One-Stop Shop
September 16, 2011
EORM offers one-stop shop for regulatory, risk and green advice to help businesses keep up with a rapidly changing environment. Alliance member Glenn Fishler is the CEO of EORM.
BamMagazine.com Is Now Live
September 15, 2011
BAM’s founder and publisher Dennis Erokan is announcing the beginning of BamMagazine.com, a constantly updated website about everything Bay Area Music.
Cecelia McCloy Named Entrepreneur of the Year in Technology
September 15, 2011
Alliance member, Cecelia McCloy has been named Woman Entrepreneur of the Year by the Women’s Initiative for Self-Employment.
Melinda Garcia Named Woman Entrepreneur of the Year
September 14, 2011
Alliance member Melinda Garcia, managing shareholder of the Pleasanton business law firm Garcia & Gurney, has been named Woman Entrepreneur of the Year by the Bay Area nonprofit Women's Initiative for Self-Employment.
4 Alliance Members on the List of the Bay Area's Healthiest Employers
September 9, 2011
Four companies, led by Alliance Members, received Bay Area Healthiest Employers Awards.
Steve Newberry, CEO of Lam Research, Decides to Transition to Executive Chairman
September 8, 2011
Lam Research Corporation announced that Martin B. Anstice will succeed Stephen G. Newberry as President and CEO effective January 1, 2012. Alliance member, Newberry will continue as Vice Chairman, an executive position with the company, after his transition as CEO.
Hitachi Data Systems Announces Acquisition of BlueArc
September 7, 2011
Hitachi Data Systems Corporation announced a significant milestone in its strategy to give customers seamless access to all data, content and information with the acquisition of BlueArc Corporation. Alliance member Mike Gustafson is the President & CEO of BlueArc.
Andy Ball Leads Webcor Builders into a New Age of Construction
September 1, 2011
Alliance member Andy Ball and Webcor Builders were profiled in Smart Business.
Scientific Conservation Completes Acquisition of Servidyne
August 29, 2011
Scientific Conservation, a leading building energy management company for the $5 billion commercial building market, completed its previously announced acquisition of Servidyne, Inc. The new combined company, SCIenergy® is led by Alliance member Russ McMeekin.
Profile of David Hayes and Skyline Construction
August 26, 2011
San Francisco Business Times reporter Bianca Torres profiled Alliance member, David Hayes and Skyline Construction.
Ed Levine to Open a Second LB Steak in Early 2012
August 26, 2011
Some experienced restaurateurs, like Alliance member Ed Levine, CEO of Left Bank Brasseries, are already tasting the sweet side of a sour economy.
10 Alliance Members Make the INC Fastest Growing List
August 23, 2011
Ten companies, led by Alliance Members, were named to the INC 5,000 list of the Fastest Growing Private Companies in America.
Creativity Provides Spark for Popular Electronic Toys
August 12, 2011
Alliance member Charles Albert and Creativity, Inc. were profiled in the San Francisco Business Times.
Aradigm Announces Private Placement for $4.75 Million
July 6, 2011
Aradigm Corporation announced that it has entered into a definitive agreement for the sale of common stock to three existing shareholders, in a private placement for aggregate gross proceeds of $4.75 million. Alliance member Igor Gonda is the CEO of Aradigm.
AE Biofuels Announces Acquisition of Industrial Biotechnology Company Zymetis
July 6, 2011
AE Biofuels a global advanced biofuels company, announced that it has completed the acquisition of Zymetis, Inc., a Maryland-based industrial biotechnology company that develops products for the renewable chemicals and advanced fuels industries. Alliance member Eric McAfee is the CEO of AE Biofuels.
Callidus Software Acquires iCentera
July 6, 2011
Callidus Software, the leader in Sales Performance Management (SPM), announced it has acquired the leading provider of on-demand portal software for sales enablement, iCentera. Callidus is led by Alliance member Leslie Stretch.
Scientific Conservation, Inc., Signs Definitive Agreement to Acquire Servidyne
June 27, 2011
Scientific Conservation, a leading provider of energy efficiency solutions via Predictive Diagnostics and Analytics for the $5 billion commercial building market, announced it has signed a definitive agreement to acquire Servidyne, an energy management and demand response company. Alliance member Russ McMeekin is the CEO of Scientific Conservation.
Hanson Bridgett Named Official Law Firm of the 34th America’s Cup
June 9, 2011
Prestigious law firm, Hanson Bridgett LLP, has been named as the Official Law Firm of the 34th America’s Cup. Alliance member Andrew Giacomini is the Managing Partner of Hanson Bridgett.
Nimbic Secures $6.9M Series B Financing
June 2, 2011
Nimbic, a leading provider of SaaS-based, cloud-computing electronic design automation (EDA) solutions, announced that new investor Austral Capital, and existing investors Madrona Venture Group and WRF Capital, have collectively invested $6.9 million in venture funding. Alliance member Raul Camposano is the CEO of Nimbic.
Fremont-based iGate Buys Patni for $1.2 billion
May 12, 2011
In a sign of growing consolidation in the outsourcing industry, two second-tier players with extensive Bay Area operations completed a merger, creating a combined company with annual revenues of nearly $1 billion that hopes to compete more directly with such software giants as Tata, Infosys and Wipro. Alliance member Phaneesh Murthy is the CEO of the new entity, iGATE Patni.
Hero Arts receives California Business of the Year Award for their Climate-Smart Actions
May 3, 2011
Hero Arts, led by Alliance member Aaron Leventhal, received the Business of the Year Award from The California Air Resources Board. This award recognizes California companies that demonstrate fexceptional climate change management practices and communication.
Kimpton Hotels Practices Random Acts of Kindness
May 1, 2011
A recent article in Smart Business explains how Kimpton Hotel & Restaurant Group improves customer satisfaction by focusing on its employees. Kimpton is led by Alliance member Mike Depatie.
3 Alliance Members on the List of the Best Places to Work
April 22, 2011
Three companies, led by Alliance Members, were named to the list of the "Best Places to Work in the Bay Area 2011."
Jamba Juice and Venus Williams Sign Letter of Intent
April 20, 2011
Jamba Juice and Venus Williams signed a Letter of Intent to open Jamba Stores in D.C. market. This joint venture brings healthy lifestyle solution to the DC. Area by one of the world’s most highly regarded athletes. Alliance member James White is the CEO of Jamba Juice.
SciClone Buys U.S.-Backed Chinese Drug Company
April 19, 2011
SciClone Pharmaceuticals Inc. bought NovaMed Pharmaceuticals Inc., a Chinese specialty pharmaceutical company backed by American venture capital firm Atlas Ventures, in a cash and stock deal worth up to nearly $105 million. Alliance member Freidhelm Blobel is the CEO of SciClone.
Clare Computer Installs New CEO
April 1, 2011
Alliance member Brad Mendonsa was recently named CEO of Clare Computer Solutions.
Callidus Software Acquires Salesforce Assessments
March 28, 2011
Callidus Software acquired substantially all of the assets of leading sales assessment provider Salesforce Assessments Ltd. Callidus is led by Alliance Member Leslie Stretch.
Beat the Traffic® Celebrates One Million Mobile App Downloads
March 23, 2011
Beat the Traffic®, the fastest-growing provider of vehicle traffic reporting solutions, announced that their mobile apps have been downloaded more than one million times across all the major smartphone platforms in North America. Alliance member Andre Gueziec is the CEO of Triangle Software, the company that operates Beat the Traffic.
Sentrigo to be Acquired by McAfee
March 23, 2011
McAfee, the world’s largest dedicated security software company, announced its intent to acquire Sentrigo. Alliance member Nathan Shuchami is the CEO of Sentrigo.
5 Alliance Members Among the 2011 OnDemand Top 100 Private Companies
March 16, 2011
Five companies, led by Alliance Members, were named to the list of 2011 OnDemand Top 100 Private Companies. The OD100 comprises the top emerging Internet companies that are are pioneers in cloud computing and SaaS.
Kimpton Hotels & Restaurants Among the World's Most Ethical Companies
March 15, 2011
Kimpton Hotels & Restaurants was included on the list of the world's most ethical companies by Forbes magazine. Alliance member Mike Depatie is the CEO of Kimpton.
Neal Ringquist Interview on ABC News
March 11, 2011
Alliance member Neal Ringquist was interviewed on ABC News. Neal discussed "Getting Personal Finances Back on Track."
Alta Raises Funding to Improve the Production Economics of High Efficiency Solar
March 9, 2011
Alta Devices Inc. announced today it has raised funding to focus on improving the production economics of high efficiency solar PV (photovoltaic) applications. Alta is led by Alliance member Chris Norris.
Sblend Sblendorio Appointed to i-GATE Board of Directors
March 7, 2011
Alliance member Sblend Sblendorio has been appointed to the Board of Directors of i-GATE Development Corporation, designated by the Governor’s Office of Economic Development as one of six “innovation hubs” (iHubs) in the State of California.
Alliance member Alex Dodd Co-founds Differentiated Private Equity Firm
March 1, 2011
Five-year Alliance member Alex Dodd recently co-founded a new Private Equity group, Mammoth Equity Partners.
Andy Ball's Webcor Rebuilds Business Model
February 25, 2011
Over the past three years, Alliance member Andy Ball has transformed Webcor from a company that specialized in flashy urban highrise development to one that is all about large government contracts.
Versartis Raises $21M in Second Round
February 16, 2011
Versartis completed a $21 million second round of funding led by New Leaf Venture Partners. Alliance member Jeff Cleland is the CEO of Versartis.
Give Something Back Plans to Give Even More
February 14, 2011
Alliance member Sean Marx and Give Something Back were profiled in the San Francisco Chronicle to celebrate the company's 20th anniversary.
HyTrust Named Finalist for “Most Innovative Company at RSA Conference 2011″
February 10, 2011
HyTrust was recognized for Innovation in Security of Cloud Infrastructure by the RSA Conference. The company also announced support for Intel TXT technology and Intel/HyTrust reference architecture as part of “Intel Cloud Builders Guides." Alliance member John De Santis is the CEO of HyTrust.
Selectica Names Jason Stern CEO
February 9, 2011
Selectica Inc. said it promoted Alliance member, Jason Stern, to the position of CEO and President.
Sentrigo Secures the Cloud for Database Owners
February 4, 2011
Silicon Valley Business Journal reporter Jon Xavier profiled Alliance member, Nathan Shuchami and Sentrigo, Inc.
Kimpton Hotels & Restaurants on Fortune's List of 100 Best Companies to Work For
February 1, 2011
Kimpton Hotels & Restaurants, led by Alliance member Michael Depatie, was included on Fortune’s list of the 100 Best Companies to Work For.
BlueArc Named 2011 Best Channel Vendor by Business Solutions Magazine
January 12, 2011
BlueArc Corporation, the leading independent file storage provider at scale, has been selected by Business Solutions magazine as a Best Channel Vendor for the third consecutive year. Value added resellers (VARs) that participated in Business Solutions’ annual survey ranked BlueArc among the top storage vendors, recognizing the company’s superior channel program that provides high-quality products, service and support. Alliance member Mike Gustafson is the President & CEO of BlueArc.
Adept Technology Acquires InMoTx
January 5, 2011
Adept Technology strengthened its position in the fast-growing food processing and packaging industries through the acquisition of InMoTx. Adept is led by Alliance member John Dulchinos.
USJade Changes Company Name to Jade Global
January 5, 2011
USJade announced a name change to Jade Global to more accurately reflect company's leadership position, expertise, and IT services worldwide. Alliance member Karan Yaramada is the CEO of Jade Global.
Hitachi Consulting Acquires Sierra Atlantic
January 4, 2011
Hitachi Consulting, a recognized leader in delivering proven business and IT strategies and solutions has acquired Sierra Atlantic, a leader in offshore enterprise applications and outsourced product development. Raju Reddy is the CEO of Sierra Atlantic.
"I have found our sessions a safe place to share ambitions and nightmares without fear of second guessing or information ending up out there in the wild."
John DeSantisHyTrustAlliance Member since 2007