Alliance Member News 2010

Callidus Software to Acquire ForceLogix
December 23, 2010

Callidus Software Inc., the leader in Sales Performance Management (SPM), announced it has signed a definitive agreement to acquire all of the assets of strategic technology partner ForceLogix. Callidus is led by Alliance member Leslie Stretch.

Yola Inks Distribution Deals with HP and AOL
December 22, 2010

Yola inks distribution deals with HP and AOL for its easy-to-build sites. Alliance member Vinny Lingham is the Founder of Yola.

Greenstein, Rogoff, Olsen Looks to Add Staff and Services
December 10, 2010

Silicon Valley Business Journal reporter Donovan Farnham profiled Alliance member, Alan Olsen and Greenstein, Rogoff, Olsen & Co.

Sutro Biopharma Raises $36.5 Million
November 17, 2010

In its third round of venture funding, Sutro Biophoarma raised $36.5 million. Sutro is led by Alliance member Bill Newell.

Redwood Systems Is the Most Innovative Company at GreenBeat 2010
November 4, 2010

Intelligent lighting system provider Redwood Systems was voted by judges to be the best of 10 companies presenting in the Innovation Competition at VentureBeat’s cleantech conference, GreenBeat 2010. Judges decided that Redwood Systems will have the biggest impact on making more efficient power grids a reality, the main theme of GreenBeat 2010. Redwood Systems is led by Alliance member, Dave Leonard.

Yes to Carrots Featured in INC Magazine
November 1, 2010

Yes to Carrots was featured in a recent issue of INC Magazine. Alliance member Joy Chen is the CEO of Yes to Carrots.

James White of Jamba Juice and Sean Marx of Give Something Back Named Most Admired CEOs in Bay Area
October 18, 2010

Congratulations to James White of Jamba Juice and Sean Marx of Give Something Back who were named by the San Francisco Business Times as 2010 Most Admired CEOs.

Gensler's L.A. LIVE Receives Urban Land Institute's 2010 Global Award for Excellence
October 15, 2010

On October 14, 2010 the Urban Land Institute (ULI) selected Gensler's L.A. LIVE as one of five outstanding developments to receive the 2010 Global Award for Excellence, which recognizes best practices around responsible land use and success in creating and sustaining thriving communities. Alliance member David Gensler is the firm's Executive Director.

Kimpton Adds Small Group Booking Service
October 14, 2010

Kimpton Hotels & Restaurants announced “Small Groups Made Simple.” The Kimpton Small Group Desk is a new resource that simplifies the booking process for small rooms-only groups. Alliance member Mike Depatie is the CEO of Kimpton.

Power Assure Selected by AlwaysOn as a GoingGreen Silicon Valley 100 Winner
October 6, 2010

Power Assure, a leading developer of Dynamic Data Center Optimization software, was chosen by AlwaysOn as one of the GoingGreen Silicon Valley Top 100 winners. Alliance member Brad Wurtz is the CEO of Power Assure.

Canon Investment Holdings Limited Plans to Invest $48.9 Million in Altair Nanotechnologies
September 20, 2010

Altair Nanotechnologies, Inc. (NASDAQ: ALTI) announced that it reached a definitive agreement whereby Canon Investment Holdings Limited would purchase newly issued common shares of Altair Nanotechnologies. Alliance member Terry Copeland is the CEO of Altair.

Red Bend Software Acquires VirtualLogix
September 7, 2010

Red Bend Software, the market leader in Mobile Software Management (MSM), announced the acquisition of VirtualLogix, a leading provider of Real-Time Virtualization™ technology for mobile handsets. Alliance member Glenda Dorchak is the CEO of VirtualLogix.

VMware Acquires Integrien and TriCipher
August 31, 2010

VMware, Inc. has entered into a definitive agreement to acquire TriCipher, a leader in secure access management and enterprise identity federation for cloud hosted Software as a Service (SaaS) applications. Alliance member Johh De Santis is the Chairman and CEO of TriCipher.

11 Alliance Members Make the INC Fastest Growing List
August 30, 2010

Eleven companies, led by Alliance Members, were named to the INC 5,000 list of the Fastest Growing Private Companies in America.

Omnitrol Networks Brings in $1.4M
August 26, 2010

Omnitrol Networks has raised $1.4 million of an expected $2.5 million in equity, Ominitrol is led by Alliance member Raj Saksena.

OptiMedica Sells Retina and Glaucoma Businesses to Sharpen Focus on Laser Cataract Surgery Market
August 10, 2010

Global ophthalmic device company OptiMedica announced that it has signed a definitive agreement to sell its retina and glaucoma assets to Topcon, a strategic move that positions OptiMedica to focus exclusively on the continued development and commercialization of advanced technologies for the treatment of cataract. Alliance member Mark Forchette is the CEO of OptiMedica.

Infostretch Makes Mobile Apps Easy for Big Companies
August 6, 2010

Silicon Vallley Business Journal reporter Donovan Farnham profiled Alliance member, Rutesh Shah and InfoStretch.

Zero Motorcycles Gets $900K Grant
August 4, 2010

Zero Motorcycles was recently awarded a $900,000 grant from the California Energy Commission to begin development of a new advanced compact electric powertrain project. Alliance member Gene Banman is the CEO of Zero Motorcycles.

IBM Closes Acquisition of Coremetrics
August 2, 2010

IBM (NYSE: IBM) announced the closing of its acquisition of Coremetrics, a leader in Web analytics software. Corementrics is led by Alliance member Joe Davis.

Calithera is Latest Bio Venture for Molineaux
July 30, 2010

San Francisco Business Times biotech reporter, Ron Leuty, profiled Alliance member Susan Molineaux and her latest venture, Calithera Biosciences.

Oclaro Acquires Mintera Corporation
July 21, 2010

Oclaro announced it has acquired Mintera Corporation, a privately-held leader in high-performance optical transport sub-systems solutions. Oclaro is led by Alliance member Alain Couder.

Palo Alto Networks Selected As Global Entrepreneurial Company of the Year
July 21, 2010

Palo Alto Networks announced that it has received the prestigious recognition of Frost & Sullivan's "2010 Global Entrepreneurial Company of the Year Award" for its accomplishments in the firewall market. Alliance member Lane Bess is the President & CEO of Palo Alto Networks.

Bigfoot Networks Named 2010 AlwaysOn Global 250 Winner
July 19, 2010

Bigfoot Networks has been chosen as one of the AlwaysOn Global 250 winners. Inclusion in the AlwaysOn Global 250 signifies that a company is a leader amongst its peers, using innovative approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. Alliance member Michael Howse is the CEO of Bigfoot Networks.

Neil Shroff Named One of The M&A Advisors Top 40 Under 40
July 12, 2010

Congratulations to Neil Shroff, Managing Director of Orion Capital Group, who was named to The M&A Advisers Top 40 under 40 list.

Glenda Dorchak to Discuss Future Consumer-Friendly Phone Designs at Mobile Beat 2010 Conference
July 12, 2010

VirtualLogix Vice Chairman and CEO Glenda Dorchak will discuss designing consumer-friendly phones with mobile industry leaders at the Mobile Beat 2010 Conference in San Francisco.

Calithera Biosciences Closes $40 Million in Series A Financing
July 8, 2010

Calithera Biosciences announced the completion of a Series A financing totaling $40 million to support the development of novel cancer therapeutics. The company also announced the formation of its management team, including Alliance Member Susan Molineaux as the company's CEO.

Sierra Atlantic Recognized as One of China’s Top Software Export and Service Outsourcing Companies
July 6, 2010

Sierra Atlantic has been recognized as one of the top software export and service outsourcing companies in China by Software and Service Outsourcing Network. Alliance member Raju Reddy is the CEO of Sierra Atlantic.

Aradigm Announces Private Placement for $5 Million
June 21, 2010

Aradigm announced a private placement for $5 million that will further the development of Inhaled liposomal ciprofloxacin for the treatment of severe respiratory diseases. Alliance member Igor Gonda is the President & CEO of Aradigm.

Profile of Coupa Software CEO Rob Bernshteyn
June 18, 2010

Larry Dignan, Editor in Chief of ZDNet and SmartPlanet, profiled Rob Bernshteyn and Coupa Software.

Adept Technology Announces Acquisition of Leading Autonomous Mobile Robot Provider
June 14, 2010

Adept Technology, led by Alliance member John Dulchinos, has entered into an agreement to acquire privately held MobileRobots Inc., a provider of industry leading autonomous robot and automated guided vehicle (AGV) technologies.

Jamba Turnaround Adds Stores and New Products
April 30, 2010

Alliance member James White is taking Jamba Juice beyond smoothies. Since taking over as CEO in December 2008, White has established a turnaround strategy for the Emeryville company, whose smoothies were once red-hot, but whose growth went cold.

7 Alliance Members on the List of the Best Places to Work
April 30, 2010

Seven companies, led by Alliance Members, were named to the list of the "Best Places to Work in the Bay Area 2010."

Oclaro Announces Offering of Common Stock
April 29, 2010

Oclaro announced today that it has commenced a public offering of 6,000,000 shares of its common stock. Oclaro is led by Alliance member Alain Couder.

Profile of James White of Jamba Juice in the San Francisco Business Times
April 23, 2010

Alliance member James White, the CEO of Jamba Juice, was profiled in the San Francisco Business Times.

Snaptic and HopeLab Announce the Android “Move Your App” Developer Challenge
April 22, 2010

Snaptic, a developer of smartphone and web applications that capture, organize, and share information has partnered with HopeLab, a non-profit focused on improving the quality of life for young people with chronic illness, to sponsor the “Move Your App” developer challenge in response to the 2010 TED Prize Wish. Alliance member Steve Brown is the CEO of Snaptic.

ZipRealty Reaches 100,000 Homes Sold Milestone
April 15, 2010

Leading national full-service, online-based real estate brokerage ZipRealty announced that the company has completed over 100,000 real estate transactions valued in total at over $29 billion since launching in 1999. Alliance member Pat Lashinsky is the CEO of ZipRealty.

NDS Surgical Imaging Acquires Rivulet Communications
April 6, 2010

NDS Surgical Imaging (NDSsi) expanded its medical visualization informatics capabilities with the acquisition of Rivulet Communications and has created a new Network Visualization Group. NDSsi is led by Alliance member, John Murphy.

Sierra Atlantic Acquires Baytree Associates
April 6, 2010

Sierra Atlantic an information technology services provider announced that the company has acquired Baytree Associates. Alliance member Raju Reddy is the CEO of Sierra Atlantic.

InfoStretch Wins GESIA 2010 Rising Star Award
April 1, 2010

InfoStretch, a global leader in Mobile, QA and SaaS solutions, announced that it has won the prestigious Gujarat Electronics and Software Industries Association (GESIA) 2010 Rising Star Award for Best Software Product Company. Alliance member Rutesh Shah is the CEO of InfoStretch.

5 Alliance Members Among the 2010 OnDemand Top 100 Private Companies
March 26, 2010

Five companies, led by Alliance Members, were named to the list of 2010 OnDemand Top 100 Private Companies. The OD100 comprises companies pioneering cloud computing and SaaS.

AlterG Shoots for Moon with Space Treadmill
March 19, 2010

Fremont-based AlterG Inc. has sold some $15 million worth of its anti-gravity treadmill to professional sports teams, physical therapy clinics and nursing homes. Now with broad clearance from the Food & Drug Administration, AlterG’s next goal is to show that its “unweighting therapy” can help build muscle in patients with crippling neurodegenerative diseases as well. Alliance member Lars Barfod is the CEO of AlterG.

Adept Lands $3.2M Order for Robots
January 13, 2010

Adept Technology, a leading provider of intelligent vision-guided robotics and global robotics services, received a $3.2 million order for high-precision robots from a major international manufacturer of test automation equipment. Alliance member John Dulchinos is the CEO of Adept.

Zero Motorcycles Raises $5.56M New Funding
January 6, 2010

Zero Motorcycles raised $5.56 million in an add-on first round. The Scotts Valley-based company, which makes high performance street and dirt bikes, is led by Alliance member Gene Banman.