nScaled Announces Series A Investment by Almaz Capital and Doughty Hanson Technology Ventures

SAN FRANCISCO, CA–(Marketwire -02/22/12)- nScaled, a pioneering provider of cloud-based Recovery-as-a-Service (RaaS) solutions, today announced that it has completed a Series A round of financing, securing $7 million in investments from Almaz Capital and Doughty Hanson Technology Ventures, as well as leading Silicon Valley angel investors. The investment will be used to fund nScaled’s growth, including expansion of its global network of data centers and new software development, as well as sales and marketing efforts.
Peter Loukianoff, co-founder and managing partner of Almaz Capital, said, “In nScaled, we found a company that is in prime position to command a dominant role in the emerging market of cloud-based disaster recovery. nScaled’s technology platform will enable the company to broaden its service offerings in the future and allow customers to take full advantage of the cloud and its enormous economic and operational benefits. Cloud-computing is forcing dramatic structural changes in the way software applications are consumed by companies of all sizes and nScaled is well-positioned to capitalize on this tectonic market shift.”
“We invested in nScaled because we believe there is a gap in the market for technology that simplifies and reduces the cost of providing disaster recovery,” added George Powlick, managing director at Doughty Hanson Technology Ventures. “nScaled’s early success and the market’s acceptance of Cloud-based recovery services make us confident that nScaled will become a leader in the market.”
“2011 was a stellar year for nScaled. We tripled the size of our business by virtually all measures and we have similarly aggressive growth plans for 2012,” said Mark Hadfield, CEO of nScaled. “This funding will help us achieve that growth and position us as one of the dominant players in Recovery-as-a-Service.”
As part of its growth strategy, nScaled recently announced the availability of free accounts designed to provide prospective customers with a fast and easy way to discover Cloud-based disaster recovery, backup and archiving capabilities for their VMware data centers.
About Almaz CapitalAlmaz Capital is one of the leading venture capital firms serving entrepreneurs and companies with ties to Russia and the Commonwealth of Independent States (CIS). Investors and strategic partners of the firm include industry leaders, such as Cisco, the European Bank for Reconstruction and Development (the “EBRD”), and UFG Asset Management. Almaz Capital primarily targets early and expansion stage investments in high growth sectors, including Technology, Digital Media, and Communications. In addition to extensive experience in Russia and the CIS, the firm’s network in Silicon Valley offers portfolio companies an effective local investment partner with global reach. For more information please go to http://www.almazcapital.com/
About Doughty Hanson Technology VenturesDoughty Hanson Technology Ventures invests in exceptional entrepreneurs and management teams that have the passion, commitment and vision to conceive great ideas and build global businesses. Their investment strategy targets companies that develop sophisticated and proprietary technologies and focuses on three industry sectors: internet software, mobile communications and clean energy technology. For more information please go to http://www.doughtyhanson.com/
About nScaled Inc.nScaled provides Recovery-as-a-Service (RaaS) to mid-size companies worldwide. They provide an all-in-one solution for disaster recovery, business continuity, backup and archiving to customers with zero tolerance for data loss or downtime. nScaled’s customers are banks, law firms, hospitals, manufacturers, retailers, universities — any organization that needs to be ready for the inevitable problems that lead to data or server loss. All services are based on a global network of remote cloud data centers plus on-premises local cloud appliance, all managed as one secure, seamless infrastructure. The company is headquartered in San Francisco, with offices in London. For more information, please visit http://www.nscaled.com or write to info@nscaled.com.
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Online ads startup snags $30 million from Temasek, SAP

SAN FRANCISCO (Reuters) – Marin Software, a startup that publishes applications used to manage online advertising campaigns, has raised $30 million in a new investment round led by Singaporean sovereign wealth fund Temasek Holdings.
Temasek was joined by SAP Ventures, the investment arm of SAP AG, Europe’s largest enterprise software firm, as well as previous investors including Benchmark Capital, Crosslink Capital and DAG Ventures.
The San Francisco-based company also announced on Monday that it has added Frank van Veenendaal, a top global sales executive at Salesforce.com, to its board.
The latest moves are meant to help Marin acquire new customers, especially in Asia, where the company looks to focus its expansion, Chris Lien, Marin’s chief executive officer, said in an interview.
Temasek will help Marin “with potential customer introductions and local market knowledge,” Lien said.
“They’ve been operating in these emerging markets for years and years.”
Marin’s products have been adopted by clients like Hotels.com, Macy’s and the University of Phoenix. The company is still focused on managing ads across search engines like Google and Yahoo, but Lien said his company is beginning to incorporate into its platform tools to manage campaigns on social media sites like Twitter, Facebook and LinkedIn.
(Reporting by Gerry Shih; Editing by Richard Pullin)

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Marin Software Raises $30 Million Funding

SAN FRANCISCO, CA–(Marketwire -02/13/12)- According to eMarketer, by 2015 advertisers will spend $132.1 billion annually for online advertising. Advertisers are increasing their investment in online advertising across multiple channels to drive greater lead generation, customer acquisition, and revenue. This activity is fueling the expanding adoption of Marin Software’s ad management and optimization platform. During the last year, Marin nearly doubled its customer base to 1,500 as well as the amount of annual spend managed on its platform to $3.5 billion. In the wake of Marin’s success, Asia investment company Temasek led a $30 million round of funding along with SAP Ventures. Joining the new investors in this oversubscribed round were existing Marin venture investors Benchmark Capital, Crosslink Capital, DAG Ventures, and Triangle Peak Partners.
Following Marin Software’s year of rapid international expansion, customer growth, and product innovation, and the closing of the recent financing, Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com, has joined Marin Software’s Board of Directors.
Marin Software’s Dramatic Growth:
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• Since its inception in 2006, Marin Software has grown into the premier provider of advertising management solutions worldwide. Marin currently serves clients in 160 countries with 25 currencies, increasing its international footprint in the last year with the opening of offices in Singapore, France, Australia, and Germany.
• More than 1,500 of the world’s leading advertisers and agencies manage $3.5 billion in annualized online ad spend through Marin Software. Within the last few months, Hotels.com, Brookstone, Coupons Inc., Rosetta, and Reprise Media have selected Marin’s platform to manage their search, display and social advertising campaigns. Longstanding Marin customers include iProspect, Neo@Ogilvy, Razorfish, Macy’s, Experian, and University of Phoenix.
• Spurred by increasing demand for its products worldwide, Marin Software hired more than 100 new employees during 2011.

Marin Software Funding:

• To date, Marin Software has raised more than $80 million in venture funding. Marin plans to invest this new capital to bolster product development, customer support, and service delivery worldwide.
• Temasek is an Asia investment company headquartered in Singapore, with a diversified S$193 billion portfolio as of March 31, 2011, concentrated principally in Singapore, Asia and growth markets. Through its partnership with Temasek, Marin Software will be able to accelerate its growth across Asia and other emerging markets.
• With the investment from SAP Ventures, which is affiliated with SAP AG, the market leader in enterprise application software, Marin Software will have the opportunity to leverage the experience and resources of SAP and its extensive ecosystem to help further Marin’s business momentum.

Marin Software Board of Directors:

• Attracted by Marin Software’s exceptional growth and industry leadership, Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com, has joined the Marin Software Board of Directors. Van Veenendaal joined salesforce.com when it had less than $20 million in annual revenue and has since led salesforce.com to its current annual sales run rate of more than $2.3 billion.
• van Veenendaal’s extensive experience will prove invaluable as Marin expands its global sales and services programs.
• Marin Software’s Board of Directors includes Chris Lien, Founder and CEO of Marin Software; Paul Auvil, CFO at Proofpoint, Inc.; Bruce Dunlevie, General Partner at Benchmark Capital; and Donald Hutchison, advisor and investor.

Quotes:

• “I am pleased to welcome Temasek and SAP Ventures as investors in Marin Software,” said Christopher Lien, Founder and CEO of Marin Software. “Temasek brings unrivalled experience and capabilities in Asian and emerging markets, which will benefit Marin’s international development. Support from SAP Ventures and relationships with the SAP global ecosystem will further accelerate Marin’s growth around the world.”
• “We are honored to have Frank van Veenendaal join Marin’s Board of Directors, as he has written the global playbook on world-class SaaS sales and services execution during his tenure at salesforce.com,” said Lien. “The entire Marin team looks forward to benefiting from his expertise and counsel as we further develop Marin’s position as the global leader in online advertising management.”
• “Marin Software has built incredible momentum in a short amount of time to become a leading provider of ad management solutions, helping advertisers and agencies wring more ROI out of every ad buy,” said Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com. “The traction Marin has gained in the global marketplace reminds me of the early days of salesforce.com, and I look forward to working hand-in-hand with the executive team as the company cements its leadership worldwide.”

Resources:About Marin Software
About Temasek
About SAP Ventures
About Frank van Veenendaal
Follow Marin Software on Twitter
About Temasek:
Incorporated in 1974, Temasek is an Asia investment company headquartered in Singapore. Supported by 12 affiliates and offices in Asia and Latin America, Temasek owns a diversified S$193 billion portfolio as at 31 March 2011, concentrated principally in Singapore, Asia and growth markets. Temasek’s investment themes centre on Transforming Economies, Growing Middle Income Populations, Deepening Comparative Advantages and Emerging Champions. Its portfolio covers a broad spectrum of industries: financial services; transportation & industrials; telecommunications, media & technology; life sciences, consumer & real estate; energy & resources. Total shareholder return for Temasek since its inception in 1974 has been a healthy 17% compounded annually. It has a corporate credit rating of AAA/Aaa from rating agencies Standard & Poor’s and Moody’s respectively. For further information on Temasek, please visit www.temasek.com.sg.
About SAP Ventures:SAP Ventures is an independent investment firm affiliated with SAP AG (NYSE: SAP – News), the global market leader in enterprise application software, and we leverage our relationships with SAP and its global ecosystem for the benefit of portfolio companies. We make growth equity and later-stage investments in market-leading technology companies across North America, Europe, and key emerging markets. Over the last 15 years, SAP Ventures has supported more than 100 companies across five continents. Past investments include Commerce One, Endeca, Greenplum, MySQL, Red Hat, and WebEx. Current portfolio companies include Alfresco, Alteryx, Control4, LinkedIn, Lithium, OnDeck, OpenX, SAVO, Spring Wireless, Tealeaf, Tremor Media, and Zend. For more information on SAP Ventures, please visit www.sapventures.com.
About Marin Software:Marin Software is a leading provider of online advertising management solutions, offering an integrated platform for managing search, social, display, and mobile marketing. The company provides solutions for advertisers and agencies, enabling them to improve financial performance, save time, and make better decisions. Marin Enterprise, the company’s flagship product, addresses the needs of online marketers spending at least $100,000 per month on biddable media. Marin Professional delivers the same power and ease of use as Marin Enterprise, through an application designed for marketers spending less than $100,000 per month. Headquartered in San Francisco, with offices worldwide, Marin’s technology powers marketing campaigns for over 1,500 customers managing more than $3.5 billion of annualized ad spend in more than 160 countries. For more information, please visit: http://www.marinsoftware.com.
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Investor Optimism Weakened; Hunger for Investment Advice on the Rise at Charles Schwab

SAN FRANCISCO–(BUSINESS WIRE)– According to a just-released survey of Charles Schwab individual investor clients, just 26 percent feel better off financially than they did one year ago, down from 44 percent who said they felt better off in Q4 2010. Additionally, just one-third (33 percent) of these investors now say they feel confident in their ability to make investment decisions.
Amid this downbeat sentiment, newly enrolled accounts in the company’s advisory programs grew by 10 percent in 2011, and net assets in these fee-based solutions increased by 33 percent last year. According to the survey, 77 percent of Schwab clients say they’re most confident when receiving ongoing or periodic professional investment advice.
“Our approach to full-service, with solutions for everyone from active traders and do-it-yourselfers to those who want periodic advice and guidance or ongoing professional investment management, resonates with today’s investors,” said Walt Bettinger, Charles Schwab president and chief executive officer.
“In so many ways, Schwab is now in a category of its own, providing robust advice at a fair value through our own financial consultants as well as through the many thousands of registered investment advisors we support through Schwab Advisor Services,” said Bettinger.
Schwab’s suite of advisory programs, which added on average more than $1.5 billion in new assets each month of 2011 to end the year at $109 billion in total, provides clients with ongoing investment support and portfolio solutions. These include:

• Schwab Advisor Network® – A referral to a local independent investment advisor who can take over day-to-day investment management for investors with more complex financial situations and specialized planning needs.
• Schwab Private Client™ – An ongoing private client relationship with dedicated representatives at Schwab and non-discretionary advice provided by Schwab Private Client Investment Advisory, Inc.
• Windhaven Portfolios™ – Globally diversified portfolios composed primarily of low-cost index exchange-traded funds (ETFs), dynamically managed by Windhaven Investment Management™ and provided through Schwab.
• Schwab Managed Portfolios™ – Diversified portfolios of either mutual funds or ETFs designed for a range of investment strategies and managed by Charles Schwab Investment Advisory, Inc.
• Managed Account Services – Specialized investment strategies for part or all of a portfolio, managed by professional asset managers.

“Questions from clients about the market, their portfolios, and what the market environment means for them have been accelerating throughout the year, so naturally, the length and the depth of conversations we’re having with our clients are also on the rise,” said Bettinger. “Clients really appreciate the ability to call the shots when it comes to when, how and how much they need our guidance.”
Bettinger underscored that Schwab also delivered more than 28,000 complimentary consultations and helped more than 12,000 retail clients with financial plans in 2011. Last year, financial consultants at Schwab had more than 493,000 face-to-face interactions with retail investors; more than 107,000 investors attended nearly 11,000 in-person events hosted by Schwab branches he said.
Describing additional results of the investor survey, Bettinger noted that Schwab retail clients continue to prefer investing potential new assets (62 percent) over saving (29 percent), paying off debt (29 percent) or spending (13 percent). Only 20 percent of clients moved assets into cash in Q4 and even fewer (13 percent) say they moved to the sidelines in response to recent market volatility.
About Charles Schwab
The Charles Schwab Corporation (NYSE:SCHW – News) is a leading provider of financial services, with more than 300 offices and 8.6 million client brokerage accounts, 1.49 million corporate retirement plan participants, 780,000 banking accounts, and $1.68 trillion in client assets as of December 31, 2011. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and mortgage services and products. More information is available at www.schwab.com and www.aboutschwab.com. (0212-0800)
Follow us on Twitter: @charlesschwab
Independent investment advisors are not owned by, affiliated with or supervised by Charles Schwab & Co., Inc.
*The Schwab Survey of Investor Confidence was conducted in December 2011 and aggregates the views of more than 1055 retail clients. Online interviews were conducted December 1-13, 2011 by global market research firm Synovate, which is not affiliated with Schwab. (0112-0811)
Diversification strategies do not assure a profit and do not protect against losses in declining markets.
Investments in managed accounts should be considered in view of a larger, more diversified investment portfolio.
Please read Schwab’s Disclosure Brochure for important information, pricing and disclosures relating to Schwab Managed Portfolios and Schwab Managed Account Services.
Please read the Schwab Private Client and the Schwab Private Client Investment Advisory, Inc. Disclosure Brochures for important information and disclosures about this service.
Windhaven Diversified Portfolios strategies are available through Schwab’s Managed Account Connection™ program (“Connection”). Please refer to Windhaven’s Form ADV Part 2 for more information.
SAN Network member advisors are independent and are not employees or agents of Charles Schwab & Co., Inc. (“Schwab”). Schwab prescreens advisors and checks their experience and credentials against criteria Schwab sets, such as years of experience managing investments, amount of assets managed, professional education, regulatory licensing, and business relationship as a client of Schwab. Advisors pay fees to Schwab in connection with referrals. Schwab does not supervise advisors and does not prepare, verify or endorse information distributed by advisors. Investors must decide whether to hire an advisor and what authority to give him or her. Investors, not Schwab, are responsible for monitoring and evaluating an advisor’s service, performance and account transactions. Services may vary depending on which advisor an investor chooses.
Schwab Private Client Investment Advisory, Inc., Windhaven Investment Management, Inc., and Charles Schwab Investment Advisory, Inc. are registered investment advisors wholly owned by The Charles Schwab Corporation.


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Focus Business Bank Awarded Bauer Five-Star Rating

SAN JOSE, CA–(Marketwire -01/11/12)- Focus Business Bank (OTC.BB: FCSB.OB – News) announced that it has recently been rated Five-Star by Bauer Financial, Inc., of Coral Gables, Florida. A bank rated Five-Stars is designated “superior” and recommended by Bauer Financial, Inc. Five-Star is Bauer’s highest rating.
Focus Business Bank President and CEO Richard Conniff said, “We are pleased that Bauer Financial, Inc. has awarded our bank a Five-Star rating. It recognizes our commitment to building a strong and stable financial institution. We appreciate that our clients have an independent resource available to support their banking decisions.”
Bauer Financial, Inc. has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. They analyze detailed quarterly financial reports filed by banks and credit unions with their federal regulators. Based on an analysis of the reports, compared with historical data, Bauer assigns a star-rating based on a scale of zero to five, with five stars being the strongest.
Focus Business Bank is dedicated to meeting the banking needs of closely-held businesses and professionals in Santa Clara County. The Bank’s office is located at 10 Almaden Boulevard in downtown San Jose, California and offers a variety of commercial banking products including loans, deposits, remote deposit capture and other cash management services oriented toward closely-held businesses and their owners. The Bank specializes in commercial loans and SBA 7a and 504 loans. The Bank also serves not-for-profit businesses and condominium homeowner associations by offering expertise, market knowledge and specialized products and services to these customers.
Forward-Looking StatementsThis release may contain forward-looking statements, such as, among others, statements about plans, expectations and goals concerning growth and improvement. Forward-looking statements are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, including the real estate market in California and other factors beyond the Bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management’s view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.


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