Amitree Lands $7 Million

  SAN FRANCISCO – Amitree, the makers of Folio, an intelligent assistant for real estate transactions, have announced a $7.128...

Zynga Names New CEO

SAN FRANCISCO — Zynga, a provider of social game services, has appointed Frank Gibeau as Chief Executive Officer effective...

Cupertino Uses Aerohive Networks for Wi-Fi

CUPERTINO – The city of Cupertino has selected Aerohive Networks to deploy access points, branch routers, and switches to deliver Wi-Fi to its employees and guests.
News Facts

Cupertino is located 45 miles south of San Francisco and is suburban community known for its excellent public school district and as the home of Apple Inc. With approximately 60,000 residents, the City of Cupertino employs 160 staff. While the City contracts many of its services including police and fire, the City provides many valuable and key services to its residents.

GoPro to Acquire Apps Splice and Replay

SAN MATEO, CA — GoPro announced agreements to acquire two leading mobile video editing apps Replay and Splice. The acquisitions of Replay and Splice increases the company’s ability to deliver ultra-convenient, yet powerful, mobile editing solutions to GoPro customers and billions of smartphone users.

Mainsail Partners Raises $384 Million for Fourth Fund

SAN FRANCISCO — Mainsail Partners, a growth equity firm that invests in bootstrapped companies, said it has successfully raised $384 million for its fourth fund, Mainsail Partners IV, L.P. The oversubscribed fund closed in December and took just over two months to complete. The firm will use the fund to continue its strategy of investing in bootstrapped companies and driving accelerated growth through operational expertise and management support.