Links 3/9: HBO on Apple TV; Gigaom's last post?
Comcast Gives EVP Nod to D’Arcy Rudnay, Arthur Block, Lawrence Salva (Variety)
NBC Sports Gears Up For Milestone Motor Sports Season (Multichannel News)
About Gigaom (Gigaom)
Gigaom's last post?
HBO on the Web Is Coming in April, Exclusively From Apple (Re/code)
Salesforce First Enterprise App To Jump On Apple Watch Bandwagon (TechCrunch)
Salesforce gives Service Cloud a shot of data science (PC World)
SAP Company Fieldglass Opens Three European Data Centers (Data Center Knowledge)
Venmo fixes well-publicized security hole (PandoDaily)
NBC News expose in New York Magazine
Tom Paine
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Gabriel Sherman writes the latest, up to date expose of NBC News in New York Magazine, describing the time when Brian Williams sought to take over the "Tonight Show", how his (at least) temporary ouster was handled, and NBCU CEO Steve Burke's decision to bring back Andrew Lack to run NBC News again.
Reportedly, Comcast's goal was to quell the ongoing soap opera within NBC News when it took it over, something it has probably failed to do.
Philly Tech People News 3/8/2015: NBC brings back Andrew Lack to lead news division; Philly Fed names Patrick Harker as new President
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NBC Brings Back Andrew Lack to Lead Its News Division (NY Times)
Philadelphia Fed names Patrick Harker as Plosser's successor (Reuters)
Aria Systems Appoints Mark Verbeck as CFO as Company Enters Accelerated Growth Stage
Based in Califiornia, Aria has about 70 of its 200 employees located in Broomall, according to LinkedIn, mostly in development.
LeadiD Chief Marketing Officer Blair Lyon leaves for Electronic Ink (Technical.ly Philly)
New Amazon Competitor Jet.com Hires E-Trade CMO (Re/code)
Passion drives Unisys Federal's new president (Washington Technology)
doForms Appoints Laura Teller, SVP Strategic Partnership
Oki Data Americas, Inc. Names Sergio Horikawa Deputy President
NextGen Healthcare Enterprise Architect Elected to Chair HIMSS EHR Association Privacy and Security Workgroup
Lou Ann Kramer Joins SEND Management Team at Instem
Warby Parker co-founder launching growth equity firm (Fortune)
Bringing People Along: My First 100 Days as CMO (Maggie Chan Jones - Chief Marketing Officer at SAP / LinkedIn Pulse)
ORS Partners Announces New President and Chief Operating Officer
Farewell Valley Forge Tech (Mathew Goldsborough)
By Valley Forge Tech founder Mathew Goldsborough, who has relocated to warmer climes.
Saturday Highlights: Google intros insurance shopping site; Comcast has objections to California's merger conditions
Google Introduces Long-Anticipated Insurance Shopping Site (NY Times: Bits)
Like Uber for Wireless… (Kevin Werbach via Medium)
Wharton prof gives his view of what Google may be up to in Wireless.
Public cloud providers’ end game shouldn’t surprise anyone (Gigaom)
Comcast has tons of objections to California’s “approval” of TWC merger (Ars Technica)
SAP S/4HANA FAQ: Pricing and Licensing Implications (ASUG News)
The University of Pennsylvania’s Weiss Tech House Announces PennVention Semifinalists (Weiss Tech House)
Links 3/6: SAP to cut more than 2,000 jobs, but to hire about the same; NBC News brings back Lack as chief
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SAP to Reduce More Than 2,000 Jobs in McDermott’s Second Cut (Bloomberg)
Violin Memory's strings snap as losses DOUBLE from last quarter (The Register)
Salesforce Marketing Cloud Gets Predictive (Information Week)
Andrew Lack takes command of NBC's troubled news operation (LA Times)
NBC Makes It Official, Hiring Andy Lack As News Chief (Wall Street Journal: CMO Today)
Sling TV’s Web-TV Service Attracts at Least 100,000 Sign-Ups in Its First Month (Re/code)
Google Fiber incites SMB battle against CenturyLink, Comcast in Provo, Utah (FierceTelecom)
Google Fiber hikes rates for TV subscriptions for new customers (Kansas City Star)
Ad Tech's Rough Ride on Wall Street Continues With Latest IPO (Ad Age)
Links 3/5/2015: SunEdison buys Philadelphia-based Solar Grid Storage; Campbell's uses vending machines to quiz employees (in a good way)
Netflix: We Support Title II (Multichannel News)
Walks back CFO's comments.
Comcast Says Wi-Fi Not Ready For Prime Time (Investor's Business Daily)
Angelakis: Comcast Not Worried About OTT (Multichannel News)
Campbell’s quizzes its own employees with the ‘Snackbot’ (Digiday)
Safeguard Scientifics Announces Fourth Quarter and Full-Year 2014 Financial Results (Safeguard Scientifics)
Safeguard CEO Zarrilli: “As we embark on 2015, we remain focused and disciplined. We have set out the following goals and objectives: to increase the total number of our partner companies to approximately 30; to realize continued growth in partner company aggregate revenue; to deploy $35 million to $50 million in new partner companies; to deploy $30 million to $50 million in follow-on funding for current partner companies; and to realize a minimum of two profitable exits.”
SunEdison Buys Philadelphia-based Solar Grid Storage for Battery-Backed PV and Wind Power (Greentech Media)
This Venture Capitalist Says We Have Entered a Tech Bubble (Bloomberg)
Heroku Enterprise launches, bringing Salesforce's app platform to the business (Computerworld)
Drexel to phase out Sacramento operations (Philadelphia Business Journal)
ExpenseWatch Debuts as a High Performer in G2 Crowd’s Expense Management Tools Grid Report (PR Web)
Veeva shares dive 21% today after strong earnings report
Tom Paine
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Despite beating earnings estimates for its Q4 FY 2015, Veeva Systems (NYSE: VEEV), based in California, but having considerable operations in Radnor, plunged 21% in trading today.
For the Fiscal Year 2015 ending January 31, the SaaS life sciences firm reported yesterday afternoon that its earnings rose 68% to 37 cents a share, with revenue up 49% to $313 million.
Guidance for FY 2016, however, just meet expectations, which may have spooked some investors, who might have been expecting more. Revenue was guided at $390 million-$395 million, with EPS of 43 to 45 cents.
Veeva also announced it had acquired Qforma CrowdLink, a key opinion leader (KOL) information source for the pharma industry. Terms weren't disclosed. Although Qforma had an ownership structure I haven't quite figured out yet, with connections in Europe, its headquarters appear to be located in Morris Plains, New Jersey.
CEO Peter Gassner said that Veeva's more recently introduced offerings, content management system Vault and database service Network, are growing rapidly and are now contributing about 20% of revenue, up from 10% a year ago. Analysts have been watching to see how successful Veeva would be in growing beyond its core CRM business.
High-growth companies such as Veeva are often subject to rapid price swings due to slight variations in perceived outlook.
Links 3/4: Alibaba enters US cloud market; NBC Universal Plots Subscription Video Site for Comedy
Alibaba enters US cloud market, signaling global ambitions (PCWorld)
CIA’s secret Amazon cloud ready to roll (Gigaom)
Funds Think Warby Parker Is Worth $1 Billion (Bloomberg)
NBC News Is Said to Woo Former Chief to Return (NY Times)
Despite Weak Moment for NBC Sitcoms, NBC Universal Plots Subscription Video Site for Comedy (Ad Age)
Charter 'likely' to pursue Time Warner if Comcast deal falls through (St Louis Business Journal)
Comcast might pursue Netflix if Time Warner Cable deal fails (Investor's Business Daily)
Report Sees Cable Capex Heading South (Light Reading)
Nielsen to Acquire Data Specialist eXelate (Wall Street Journal: CMO Today)
NewSpring Capital one of major backers of New York-based firm; Acquisition price said by WSJ sources to be around $200 million.
Nextdoor Social Network Digs Deep Into Neighborhoods (NY Times)
Expected to announce investment round that would value it at over $1 billion today; Comcast Ventures is an existing investor.
Neighborhood social network Nextdoor just raised $110M at $1.1B valuation (Venture Beat)
Safeguard Scientifics leads $5 million Series A in CloudMine
Tom Paine
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CloudMine, the Philadelphia-based mobile cloud platform company, received a $5 million Series A investment led by Safeguard Scientifics and including several other local investors, it was announced this morning.
Although it still has a geographically diverse portfolio, Safeguard appears to be doubling down in Philadelphia. In addition to CloudMine, its local investments include Clutch, WebLinc, ThingWorx (acquired by PTC), longtime portfolio company Beyond.com, and Hoopla (which has since moved its headquarters to Silicon Valley but still has development offices in Malvern). In addition, it recently brought parts of healthcare technology companies Dabo Health and Syapse to the area, and also led an investment in Trice Medical of King of Prussia.
Last month, Safeguard announced it was moving its headquarters from the Route 202 corridor to a location near the Blue Route in Radnor, in part to have easier access to the entire Philadelphia area.
CloudMine, a mobile backend as a service (BaaS) provider, garnered considerable attention after it was founded in 2011 though it seemed to take a while in finding revenue traction. But it found its niche by focusing on verticals such as healthcare, pharmaceuticals and retail, where there are needs for rigorous data security. CloudMine has partnered with important cloud infrastructure players such as Rackspace and CenturyLink.
CloudMine's CEO is co-founder Brendan McCorkle. It had previously received $3.2 million in funding, according to CrunchBase. MissionOG, one of its early major backers, did not participate in this round. CloudMine currently has 16 employees.
Links 3/3: Fab.com fire sale completed; Newtown pharma company to buy Lockheed site
Fab.com’s Fire Sale Is Official (Re/code)
Newtown-based pharmaceutical company to acquire Lockheed Martin site (Bucks Local News)
Salesforce, SAP to get a shot of IoT data (PCWorld)
NetSuite CEO Nelson Talks the ‘End of the Beginning’ of Cloud Software Era (Re/code)
Andrew Lack said to be close to retaking top role at NBC News (LA Times)
Why Comcast, AT&T and other Internet providers might not sue the FCC after all (Washington Post: Switchboard)
Veeva Drops 10% Despite FYQ4 Beat; Says Will Buy Assets for Undisclosed Terms (Barron's Tech Trader Daily)
Veeva Announces Fourth Quarter and Fiscal Year 2015 Results (Business Wire)
Veeva Systems Announces Intent to Acquire Key Opinion Leader (KOL) Solutions Business (Business Wire)
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