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Angels, Magoosh, Pier 38: The 1-Minute Version of Last Week’s Bay Area BizTech News

Amidst the usual rush of funding and M&A news last week, there was one interesting story about a controversy that could reshape the startup landscape in San Francisco (and no, I’m not talking about CrunchFund):

—Entrepreneurs based at the Pier 38 tech hub in San Francisco began looking for ways to challenge the Port of San Francisco’s recent move to evict all tenants due to safety concerns. A group of startup founders held a protest rally at City Hall on Tuesday and spoke with San Francisco supervisors about the pier’s importance to the local technology community. San Francisco Mayor Ed Lee visited the pier on Friday, right before a meeting between tenants and officials from the city and the Port.

—A new network of regional angel investing groups is taking shape. Called the Angel Syndication Network, the group is intended to assist growing angel-funded startups that need more funds than any single angel group can provide. Founding members of the network include Band of Angels here in the Bay Area, as well as Irvine, CA-based Tech Coast Angels and New York-based Golden Seeds.

—Berkeley startup Magoosh, which we first profiled in June 2010, launched a new series of online videos designed to help students prepare for the newly revised Graduate Record Exam (GRE).

—My Seattle-based colleague Curt Woodward profiled Shopobot, a shopping search engine startup that fled San Francisco for Seattle in an effort to sidestep the political battle over Internet sales taxes that has pitted Amazon against numerous states governments, including California’s, with local affiliates as the casualties.

—After acquiring San Jose-based Atheros Communications five months ago, San Diego-based Qualcomm has incorporated Atheros’ Wi-Fi and Ethernet technologies into its femtocell wireless modem chipsets, as my colleague Bruce Bigelow reported.

—“A day in the life of an Xconomy reporter” was the theme for my Friday column, as I summed up one day’s worth of appointments, lunches, and interviews with leaders in the Bay Area tech community.

—In funding news, 10gen raised $20 million, Sungevity raised $5.6 million, BonitaSoft raised $11 million, GetAround raised $3.4 million, Red Robot Labs raised $8.5 million, Zetta raised $9 million, Apsalar raised $5 million, Xignite raised $10 million, InMobi raised $200 million, SaveUp raised $2 million, Alphabet Energy raised $12 million, and RRKidz and Rumble Entertainment both announced that they had raised undisclosed sums.

—In M&A news, Mindjet acquired Cohuman, Ebates acquired FatWallet and AnyCoupons, 8×8 bought Contactual, Solta Medical acquired Medicis Technology Corporation, Broadcom bought NetLogic, Bluefin Robotics acquired Hawkes Remotes, Chegg acquired Zinch,

—In IPO News, San Jose-based GCT Semiconductor filed S-1 registration papers saying it hopes to raise $100 million in an upcoming public offering.

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/ View all posts by Wade Roush

Author Wade RoushPosted on September 19, 2011

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