Alliance Member News

Alliance Members don’t just read the news ... they make the news. To check out our “Members News” from prior years, click the list below:

Jobvite Scores $200M in Funding
February 12, 2019

Recruiting platform provider Jobvite is the latest Silicon Valley company to raise a huge round of funding, scoring $200 million. Alliance member Skip Hilton is the Vice President, Business Development for Jobvite.
 

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Ekso Bionics Launches Joint Exoskeleton Manufacturing Venture in China
January 31, 2019

Powered exoskeleton developer Ekso Bionics has launched a joint venture in China, supported by at least $100 million, to build a dedicated manufacturing center for rehabilitation and industrial-use markets in Asia.  Alliance member Jack Peurach is the President & CEO of Ekso Bionics.

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Sight Machine Wins ABB Award for Industrial Automation and Energy Efficiency
January 30, 2019

Sight Machine was named by Cleantech Group to the 2019 Global Cleantech 100, an annual guide to the leading companies and themes in sustainable innovation. Additionally, ABB Technology Ventures awarded Sight Machine the Automation of Everything Award as “the company with the most impact on industrial automation and energy efficiency.”  Alliance member Jon Sobel is the Co-Founder and CEO of Sight Machine.

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Tivic Health Receives FDA Clearance To Market ClearUP™
January 03, 2019

Tivic Health received FDA 510(k) clearance to market ClearUP™ to treat sinus pain associated with allergic rhinitis/hay fever. Tivic Health is led by Alliance member Jennifer Ernst.

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Sutro Achieves $10 Million Milestone Payment from Celgene
December 19, 2018

Sutro Biopharma announced that the company earned $10 million in a milestone payment from Celgene triggered by the successful development of a dry powder XtractCFTM formulation, using spray drying technology, which is well established in the pharmaceutical industry. Alliance member Bill Newell is the CEO of Sutro Biopharma.

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Rachel Haurwitz on Forbes List of America’s Top 50 Women in Tech
December 12, 2018

Congratulations to Alliance member Rachel Haurwitz, CEO of Caribou Biosciences, who was named to Forbes' list of America’s "Top 50 Women in Tech" which identifies three generations of forward-thinking women technologists leading more than a dozen tech sectors across the globe.

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Bailard Wins a 2018 Pensions & Investments Best Places to Work Award
December 10, 2018

Congratulations to Bailard, a boutique asset and wealth management firm led by Alliance member Peter Hill, on earning a Pensions & Investments "2018 Best Places to Work in Money Management" award.

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Two Alliance Member Companies Honored with 2018 Best in Biz Awards
December 04, 2018

Congratulations to DriveScale, led by CEO Gene Banman and VP of Sales Jeff Raice, and Chowbotics, led by CEO and Founder Deepak Sekar, on receiving the 2018 "Best in Biz Awards.” DriveScale was honored with a "Most Innovative Company of the Year" award and Chowbotics received the "Most Innovative Product of the Year" award.

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Four Alliance Members on Deloitte’s Technology Fast 500 List
November 29, 2018

Four companies led by Alliance Members were named to the 2018 Deloitte Technology Fast 500 List.

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Automation Anywhere Announces $300 Million Investment from the SoftBank Vision Fund
November 15, 2018

Automation Anywhere, the leader in Robotic Process Automation (RPA), announced it has raised $300 million from the SoftBank Vision Fund.  Automation Anywhere is led by Alliance members Mihir Shukla, CEO; Edmundo Costa, VP Sales; and Peter Meechan, Chief Corporate Development Officer.

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Travel Tech Company Sojern Announces Financing Round
November 13, 2018

Sojern, the travel tech company known for its traveler path-to-purchase data and innovative travel marketing and distribution solutions, announced that growth equity firm TCV has led a $120 million financing round in Sojern.  Alliance member Mark Rabe is the CEO of Sojern.

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Imanis Data Network World’s 10 Hot Business Continuity Startups to Watch
October 30, 2018

Imanis Data, the leader in enterprise data management powered by machine learning, announced that Network World has named it among the publication’s ‘10 Hot Business-Continuity Startups to Watch.’ Alliance member John Mracek is the CEO of Imanis Data.

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Six Alliance Member Companies on the List of the Bay Area’s Fastest Growing Private Companies
October 30, 2018

Six companies led by Alliance Members were named to the 2018 list of the Fastest Growing Private Companies in the Bay Area by the San Francisco Business Times and the Silicon Valley Business Journal.

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LexisNexis Owner Leads $38 Million Investment in Quid
October 29, 2018

‎Quid, a startup that helps companies analyze large volumes of text from news, social media and the web, raised $37.5 million in venture funding. Alliance member Sinohe Terrero is Quid's Chief Financial Officer.

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Gainsight Acquires Aptrinsic to Enable Product Growth for Subscription Businesses
October 23, 2018

Gainsight, the Customer Success company, announced it has signed a definitive agreement to acquire Aptrinsic, a privately held company based in San Mateo and Tel Aviv, Israel.  Alliance member Allison Pickens is the Chief Operating Officer of Gainsight.

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Unicorn Births Outpace IPOs in Bay Area
October 16, 2018

Unicorn births have outpaced IPOs in the Bay Area in 2018. Congratulations to Alliance members Amir Rubin, who leads One Medical Group, and Mihir Shukla, Edmundo Costa and Peter Meechan who lead Automation Anywhere on becoming unicorns this year.

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Superior Sensor Technology Revolutionizes Pressure Sensor Technology
October 10, 2018

Superior Sensor Technology has launched the company with the introduction of NimbleSense™, a breakthrough, application specific, pressure sensor technology for industrial, medical and automotive applications.  Alliance member Jim Finch is the Co-Founder & CEO of Superior Sensor.

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Cognizant to Acquire Digital Engineering Leader Softvision
October 04, 2018

Cognizant (Nasdaq: CTSH) announced it has entered into a definitive agreement to acquire Softvision, a privately-held digital engineering and consulting company focused on agile development of innovative software solutions and platforms. Alliance member Andres Angelani is the CEO of Softvision.

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R.F. MacDonald Co. Recognized as One of the Bay Area’s Largest Private Companies
October 03, 2018

R.F. MacDonald Co., a leading provider of boiler and pump equipment for commercial and industrial solutions, announced that it has been recognized by the San Francisco Business Times as one of the Bay Area's largest family-owned businesses.  R.F. MacDonald is led by President Jim MacDonald and Business Development Manager Matt MacDonald.

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Cybersecurity Firm Nozomi Networks Raises $30M
September 26, 2018

Nozomi Networks has secured $30 million in Series C funding. It’s the second round of funding this year, following a $15 million round in January, putting the company’s valuation at about $150 million. Nozomi is led by Alliance member Edgard Capdevielle.

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