The company is headquartered at 1740 Technology Drive, Suite 150.
Source: SVBJ
Showing posts with label san jose business. Show all posts
Showing posts with label san jose business. Show all posts
Sunday, October 9, 2016
Nutanix IPOs and raises $238M
Nutanix is a San Jose data tech company that had one of the most successful IPOs in recent years. The company's stock soared from $16 per share to $38 since the IPO, making the company worth over $5 billion. A huge chunk of that value will go to people that work and likely live in San Jose, adding further fuel to our economy.
The company is headquartered at 1740 Technology Drive, Suite 150.
Source: SVBJ
The company is headquartered at 1740 Technology Drive, Suite 150.
Source: SVBJ
Tuesday, September 6, 2016
NextSpace partnering with SJSV Chamber to launch a second co-working space in Downtown San Jose
Coworking spaces are in high demand in Silicon Valley, and NextSpace is ready to capitalize on that with a new location. NextSpace was the first true coworking space in Downtown San Jose with a center at 2nd Street and San Fernando in 2011. Now they are partnering with the San Jose Silicon Valley Chamber of Commerce to utilize 7,000 SQFT of space at 101 W Santa Clara Street.
The partnership is quite unexpected yet makes perfect sense. The Chamber's goal is fostering economic prosperity and assisting local businesses and entrepreneurs, and those are exactly the type of people that utilize NextSpace offices.
The location will have offices for two-to-eight people, dedicated workstations, a kitchen, multiple conference rooms, and event center, and open cafe seating. For more info email siliconvalley@nextspace.us or read the full press release below.
NextSpace Partners with the SJSV Chamber, Launches Second Co-working Space in the Heart of Silicon Valley
Santa Cruz, Calif. – NextSpace, the pioneer in coworking and shared-space has partnered with the San Jose Silicon Valley Chamber of Commerce to support entrepreneurs, small businesses and startups in downtown San Jose.
Nextspace CEO Kurt Grutzmacher and SJSV Chamber President & CEO Matthew Mahood announced the availability of offices and open-configured workspaces in its newest space — NextSpace Silicon Valley at The SJSV Chamber — a 7,000 square-foot, full floor coworking space. Though the new space at the Chamber building — at the corner of Market and E Santa Clara Street — will formally begin taking applications October 1, founding members have already begun filling the space.
“We are excited to partner with NextSpace,” Mahood said. “As an organization that is focused on fostering economic prosperity as our primary mission, this partnership allows the Chamber to offer small businesses and local entrepreneurs a new platform for growth and greater success. As collaborative workspaces become more commonplace, the Chamber’s partnership with NextSpace is a natural opportunity for us to support and promote the innovation economy in our community, especially in downtown San Jose. ”
Originally opening their doors in 2008 in Santa Cruz, it took NextSpace less than six months to reach capacity. The Nextspace San Jose space, opened in 2011 at 2nd Street, reached capacity in the fall of 2011, warranting the need for a second location just up the street.
“We have one of the best communities I have found on the planet,” Grutzmacher said. “Our spaces are full of amazing people of diverse walks of life; entrepreneurs, website developers, programmers, engineers, graphic designers, life and business coaches, artists, legal services, architects, non-profits, and bookkeepers—all striving to be the best at their trade and enjoying life. Each location truly represents a cross-section of the local business community. We are excited about partnering with progressive leaders like Matt and the San Jose Silicon Valley Chamber team.”
The NextSpace Silicon Valley at The SJSV Chamber joins the company’s eight other locations in California and Chicago and is the first to share space with a local chamber of commerce. The new space will offer offices that fit two-to-eight people, dedicated workstations and open café seating along with a kitchen, multiple conference rooms and a large event center.
“From our perspective, tech start-ups and small businesses are looking more now than ever for spaces that they can collaborate in,” said NextSpace COO Andrew Van Valer. “There are long waiting lists for incubators and accelerators in the region and we are a place for tech start-ups and small businesses to work, create, develop, evolve, collaborate, launch and grow in the region now. When non-profits, for profits, social enterprises, startups, youth, mentors, and their passion mix at Nextspace, magic happens.”
For a free day-pass, information regarding founding memberships, to explore the space and book or reserve workstations, meeting room and or event space, email siliconvalley@nextspace.us
There will be an official Open House coming in October, date to be determined.
About NextSpace
Established in 2008 in Santa Cruz as a co-working space, Nextspace is a hub of economic activity, bringing together entrepreneurs, freelancers, and people seeking to balance life and work on their own terms. The mingling of our founding members and new faces created a strong network, leading to many successful ventures and was eventually termed the NextSpace Effect.
About the San Jose Silicon Valley Chamber of Commerce
The San Jose Silicon Valley Chamber of Commerce is a nonprofit business association representing nearly 1,400 employers and 275,000 employees throughout the greater Silicon Valley. Its mission is to create a strong local economy, provide premier business connections and visibility, represent the interests of business to government, promote the community and initiate political and community action.
The partnership is quite unexpected yet makes perfect sense. The Chamber's goal is fostering economic prosperity and assisting local businesses and entrepreneurs, and those are exactly the type of people that utilize NextSpace offices.
The location will have offices for two-to-eight people, dedicated workstations, a kitchen, multiple conference rooms, and event center, and open cafe seating. For more info email siliconvalley@nextspace.us or read the full press release below.
NextSpace Partners with the SJSV Chamber, Launches Second Co-working Space in the Heart of Silicon Valley
Santa Cruz, Calif. – NextSpace, the pioneer in coworking and shared-space has partnered with the San Jose Silicon Valley Chamber of Commerce to support entrepreneurs, small businesses and startups in downtown San Jose.
Nextspace CEO Kurt Grutzmacher and SJSV Chamber President & CEO Matthew Mahood announced the availability of offices and open-configured workspaces in its newest space — NextSpace Silicon Valley at The SJSV Chamber — a 7,000 square-foot, full floor coworking space. Though the new space at the Chamber building — at the corner of Market and E Santa Clara Street — will formally begin taking applications October 1, founding members have already begun filling the space.
“We are excited to partner with NextSpace,” Mahood said. “As an organization that is focused on fostering economic prosperity as our primary mission, this partnership allows the Chamber to offer small businesses and local entrepreneurs a new platform for growth and greater success. As collaborative workspaces become more commonplace, the Chamber’s partnership with NextSpace is a natural opportunity for us to support and promote the innovation economy in our community, especially in downtown San Jose. ”
Originally opening their doors in 2008 in Santa Cruz, it took NextSpace less than six months to reach capacity. The Nextspace San Jose space, opened in 2011 at 2nd Street, reached capacity in the fall of 2011, warranting the need for a second location just up the street.
“We have one of the best communities I have found on the planet,” Grutzmacher said. “Our spaces are full of amazing people of diverse walks of life; entrepreneurs, website developers, programmers, engineers, graphic designers, life and business coaches, artists, legal services, architects, non-profits, and bookkeepers—all striving to be the best at their trade and enjoying life. Each location truly represents a cross-section of the local business community. We are excited about partnering with progressive leaders like Matt and the San Jose Silicon Valley Chamber team.”
The NextSpace Silicon Valley at The SJSV Chamber joins the company’s eight other locations in California and Chicago and is the first to share space with a local chamber of commerce. The new space will offer offices that fit two-to-eight people, dedicated workstations and open café seating along with a kitchen, multiple conference rooms and a large event center.
“From our perspective, tech start-ups and small businesses are looking more now than ever for spaces that they can collaborate in,” said NextSpace COO Andrew Van Valer. “There are long waiting lists for incubators and accelerators in the region and we are a place for tech start-ups and small businesses to work, create, develop, evolve, collaborate, launch and grow in the region now. When non-profits, for profits, social enterprises, startups, youth, mentors, and their passion mix at Nextspace, magic happens.”
For a free day-pass, information regarding founding memberships, to explore the space and book or reserve workstations, meeting room and or event space, email siliconvalley@nextspace.us
There will be an official Open House coming in October, date to be determined.
About NextSpace
Established in 2008 in Santa Cruz as a co-working space, Nextspace is a hub of economic activity, bringing together entrepreneurs, freelancers, and people seeking to balance life and work on their own terms. The mingling of our founding members and new faces created a strong network, leading to many successful ventures and was eventually termed the NextSpace Effect.
About the San Jose Silicon Valley Chamber of Commerce
The San Jose Silicon Valley Chamber of Commerce is a nonprofit business association representing nearly 1,400 employers and 275,000 employees throughout the greater Silicon Valley. Its mission is to create a strong local economy, provide premier business connections and visibility, represent the interests of business to government, promote the community and initiate political and community action.
Monday, August 22, 2016
Samsung adding retail at San Jose HQ
Samsung opened their North American headquarters last year in North San Jose (at Tasman and First Street). One of the perks of the new campus is that is is publicly accessible unlike most tech offices in Silicon Valley (ex: Google, Facebook). However, while you can walk around the beautiful campus there really isn't much to do as a non-Samsung employee. That is about to change with two need retail options that will be a perk to employees and visitors alike. Samsung is adding a Honey Berry and Peet's on the ground floor.
As Nathan Donato-Weinstein alludes to in the source link, tech companies have become pretty notorious for discouraging outsiders to visit. Perhaps that is due to fears of intellectual property leaks or wanting to build camaraderie with internal employees. This mentality really does not feel like the right thing to do in an urban environment. It's great to see Samsung trying to do something different that will perhaps pay dividends by promoting their brand to the local community.
Honey Berry is a popular Asian ice cream/dessert shop that will be a welcome addition to the North San Jose community. They have a few other locations in Silicon Valley, but none in North San Jose. I highly recommend their ice cream sandwiches. Peet's I think requires no introduction.
Speaking of being open, Samsung's corporate cafeteria is also open to the public! I was not aware of that until reading Nathan's article.
Source: SVBJ
As Nathan Donato-Weinstein alludes to in the source link, tech companies have become pretty notorious for discouraging outsiders to visit. Perhaps that is due to fears of intellectual property leaks or wanting to build camaraderie with internal employees. This mentality really does not feel like the right thing to do in an urban environment. It's great to see Samsung trying to do something different that will perhaps pay dividends by promoting their brand to the local community.
Honey Berry is a popular Asian ice cream/dessert shop that will be a welcome addition to the North San Jose community. They have a few other locations in Silicon Valley, but none in North San Jose. I highly recommend their ice cream sandwiches. Peet's I think requires no introduction.
Speaking of being open, Samsung's corporate cafeteria is also open to the public! I was not aware of that until reading Nathan's article.
Source: SVBJ
Friday, August 12, 2016
WeWork is now open in Downtown San Jose
The Silicon Valley Business Journal has some great photos of San Jose's largest coworking space. WeWork has opened a 75,000 SQFT facility at 75 E. Santa Clara Street that provides flexible working space for small businesses and entrepreneurs. Over 60 companies are already in the process of moving in. The total capacity is 1,500 people (100-200 small companies).
Prices range from $350/mo for a "hot desk", $400-$450 for a dedicated desk, $660/mo for a one-person office and increase from that point on. WeWork provides all the necessary amenities and infrastructure such as internet access, printers, conference rooms, cleaning services, water, and coffee.
It's a great model for small companies that also provides a sense of community. Oh yeah, coworking also injects hundreds of entrepreneurs into the Downtown San Jose community, adding to the vibrancy of the area. NextSpace was the first coworking space in Downtown San Jose and it helped to transform that corner at 97 S. 2nd Street.
Check out the source link below for photos of the WeWork facilities and more information.
Source: SVBJ
Prices range from $350/mo for a "hot desk", $400-$450 for a dedicated desk, $660/mo for a one-person office and increase from that point on. WeWork provides all the necessary amenities and infrastructure such as internet access, printers, conference rooms, cleaning services, water, and coffee.
It's a great model for small companies that also provides a sense of community. Oh yeah, coworking also injects hundreds of entrepreneurs into the Downtown San Jose community, adding to the vibrancy of the area. NextSpace was the first coworking space in Downtown San Jose and it helped to transform that corner at 97 S. 2nd Street.
Check out the source link below for photos of the WeWork facilities and more information.
Source: SVBJ
Sunday, August 7, 2016
Gree opening commercial flagship store in san jose
Gree Electric is the largest air conditioning firm in the world. With the opening of their flagship store in San Jose, it will mark the very first time that Gree's commercial products will be available in California. While these are not the types of products you and I would buy for our homes, it will benefit Silicon Valley businesses that are looking to reduce HVAC costs and be more "green."
San Jose, CA -- Gree, the world's largest air conditioning manufacturer and a leading Chinese manufacturer of innovative, green, heating and cooling solutions is opening its first showroom for commercial products in California on August 9, 2016. The grand opening reception is scheduled for 9:30 AM to 11:30 AM on Tuesday at ECS Design, Inc. 502 Auzerais Avenue, San Jose, CA 95126. A special ribbon cutting and ceremonial lion dance will take place at 10:00 AM.
ECS Design has been a general contractor and HVAC specialist in San Jose for more than a decade and a strong advocate for green building construction for sustainable growth. According to Richard Wong, President of ECS, "the significance of Gree coming to San Jose is about green energy movement in the US. They are a leader in VRF* air conditioning systems which are emerging in importance everywhere around the world. It is time that we employ these energy-saving systems in the US.”
ECS Design (ecsdesign.net) will serve a role in training for commercial installation of Gree systems and expanding awareness of the company in California. Wong explains "We hope to begin installing Gree commercial systems and will be looking at larger distribution warehouses as we ramp up."
For more information contact ecs@ecsdesign.net.
About Gree
Gree (www.global.gree.com) is a multinational electric company focused on heating and air conditioning in the international market. In China it also manufactures electric appliances. It has a long history of supporting the Chinese government push toward a cleaner environment and green technology solutions. It had sales of (US) $22.9 billion in 2015. Gree is one of the largest female-led companies, operating under the leadership of President Dong Mingzhu since 2001. (http://www.makers.com/china/dong-mingzhu).
* Variable refrigerant flow is an HVAC technology that was invented in Japan by Daikin company in 1982. It uses refrigerant as both the cooling and heating medium and has gained popularity in many parts of the world, but has been slower to catch on in the US.
San Jose, CA -- Gree, the world's largest air conditioning manufacturer and a leading Chinese manufacturer of innovative, green, heating and cooling solutions is opening its first showroom for commercial products in California on August 9, 2016. The grand opening reception is scheduled for 9:30 AM to 11:30 AM on Tuesday at ECS Design, Inc. 502 Auzerais Avenue, San Jose, CA 95126. A special ribbon cutting and ceremonial lion dance will take place at 10:00 AM.
ECS Design has been a general contractor and HVAC specialist in San Jose for more than a decade and a strong advocate for green building construction for sustainable growth. According to Richard Wong, President of ECS, "the significance of Gree coming to San Jose is about green energy movement in the US. They are a leader in VRF* air conditioning systems which are emerging in importance everywhere around the world. It is time that we employ these energy-saving systems in the US.”
ECS Design (ecsdesign.net) will serve a role in training for commercial installation of Gree systems and expanding awareness of the company in California. Wong explains "We hope to begin installing Gree commercial systems and will be looking at larger distribution warehouses as we ramp up."
For more information contact ecs@ecsdesign.net.
About Gree
Gree (www.global.gree.com) is a multinational electric company focused on heating and air conditioning in the international market. In China it also manufactures electric appliances. It has a long history of supporting the Chinese government push toward a cleaner environment and green technology solutions. It had sales of (US) $22.9 billion in 2015. Gree is one of the largest female-led companies, operating under the leadership of President Dong Mingzhu since 2001. (http://www.makers.com/china/dong-mingzhu).
* Variable refrigerant flow is an HVAC technology that was invented in Japan by Daikin company in 1982. It uses refrigerant as both the cooling and heating medium and has gained popularity in many parts of the world, but has been slower to catch on in the US.
Tuesday, August 2, 2016
San Jose's Strike Brewing Co. wins a Silver Medal at the 2016 US Open Beer Championship
Huge congratulations to one of San Jose's first craft beer companies. Strike Brewing Co. scored 2nd place at a national championship among thousands of entries. Their Screaming Hand Imperial Amber Ale took home the Silver in the Imperial Red category. The beer is now sold throughout California, but I would recommend visiting Strike's taproom for the full experience at 2099 S. 10th St. (Wed-Thu 4pm-8pm, Fri 3pm-9pm, Sat 1pm-9pm, Sunday 1pm-7pm).
For more information head over to the Strike website or read the press release below.
SAN JOSE — San Jose craft brewer Strike Brewing Company has won a silver medal for their Screaming Hand Imperial Amber Ale.
Brewmaster and co-founder Drew Ehrlich said, “We’re very proud that Screaming Hand Imperial Amber Ale took Silver in the Imperial Red category of the 2016 U.S. Open Beer Championships. We already thought this beer was special. But it’s great to get the recognition the too.”
Strike co-founder and CEO, Jenny Lewis says “Not only is this great news, it is also perfect timing as we’re helping iconic local skateboarding company Santa Cruz Skateboards celebrate the 30th anniversary of Screaming Hand at their art opening on Friday, August 5th.”
Award winning Screaming Hand Imperial Amber Ale is available throughout the state of California.
For more information, visit StrikeBrewingCo.com/ScreamingHand
###
ABOUT STRIKE BREWING COMPANY
Strike Brewing Company was founded in 2014 and was born out of the desire to make great craft beer. With their standard lineup of ales, seasonal rotation of holiday specialties, and experimental Bullpen Series, Strike Brewing Co. is helping make San Jose a craft beer destination. For more information, visit StrikeBrewingCo.com.
ABOUT SANTA CRUZ SKATEBOARDS
Santa Cruz Skateboards, located in Santa Cruz California, was established in 1973 by then owners, Richard Novak, Doug Haut and Jay Shuirman who founded NHS Inc. Santa Cruz Skateboards has long been revered as one of the original skateboard companies that has not only survived over the years but contributed to the innovation and modernization of skateboards and skateboarding. In 2013 NHS celebrated its 40th anniversary. Follow us on Instagram @Santacruzskateboards and @Santacruzskate on Snapchat, Twitter and Periscope.
For more information head over to the Strike website or read the press release below.
SAN JOSE — San Jose craft brewer Strike Brewing Company has won a silver medal for their Screaming Hand Imperial Amber Ale.
Brewmaster and co-founder Drew Ehrlich said, “We’re very proud that Screaming Hand Imperial Amber Ale took Silver in the Imperial Red category of the 2016 U.S. Open Beer Championships. We already thought this beer was special. But it’s great to get the recognition the too.”
Strike co-founder and CEO, Jenny Lewis says “Not only is this great news, it is also perfect timing as we’re helping iconic local skateboarding company Santa Cruz Skateboards celebrate the 30th anniversary of Screaming Hand at their art opening on Friday, August 5th.”
Award winning Screaming Hand Imperial Amber Ale is available throughout the state of California.
For more information, visit StrikeBrewingCo.com/ScreamingHand
###
ABOUT STRIKE BREWING COMPANY
Strike Brewing Company was founded in 2014 and was born out of the desire to make great craft beer. With their standard lineup of ales, seasonal rotation of holiday specialties, and experimental Bullpen Series, Strike Brewing Co. is helping make San Jose a craft beer destination. For more information, visit StrikeBrewingCo.com.
ABOUT SANTA CRUZ SKATEBOARDS
Santa Cruz Skateboards, located in Santa Cruz California, was established in 1973 by then owners, Richard Novak, Doug Haut and Jay Shuirman who founded NHS Inc. Santa Cruz Skateboards has long been revered as one of the original skateboard companies that has not only survived over the years but contributed to the innovation and modernization of skateboards and skateboarding. In 2013 NHS celebrated its 40th anniversary. Follow us on Instagram @Santacruzskateboards and @Santacruzskate on Snapchat, Twitter and Periscope.
Friday, June 17, 2016
Hicklebees Children's Bookstore hosts a summer reading road trip celebration
San Jose, CA (Press Release) - In an effort to get kids reading this summer, the Scholastic Summer Reading Road Trip RV will visit Hicklebees Children's Books on June 26th from 12:00-2:00pm. Kids and families will have the opportunity to participate in their very own “pop-up” reading festival, meet some of their favorite authors, and engage in fun reading activities. The RVs will visit 20 U.S. cities nationwide throughout the summer, traveling more than 10,000 miles to spread the message about the importance of summer reading to kids.
At the Hicklebee's Children's Books reading road trip stop kids and families will enjoy a fun day of free reading activities including:
WHERE: Hicklebees Children's Books, 1378 Lincoln Ave, San Jose, CA 95125
WHEN: June 25th
TIME: 11:00 - 1:00pm
To track the RVs and find local events, visit the tour schedule here: http://scholastic.com/summerroadtrip. Follow the Scholastic Summer Reading Road Trip live on social media via @Scholastic and #SummerReading.
At the Hicklebee's Children's Books reading road trip stop kids and families will enjoy a fun day of free reading activities including:
- An author visit and book signing from
- Susan Katz , author of ABC School's for Me!
- Mike Jung, author of Unidentified Suburban Object
- David Carter, author of Spot the Dot
- An activity tent filled with reading activities
- Giveaway tables and a prize wheel
- Animated photo stations with Clifford the Big Red Dog® and Slappy from Goosebumps®
- "Instaframes” picture stations for kids to show-off their “reading muscles”
- Costume characters including: Clifford the Big Red Dog®
WHERE: Hicklebees Children's Books, 1378 Lincoln Ave, San Jose, CA 95125
WHEN: June 25th
TIME: 11:00 - 1:00pm
To track the RVs and find local events, visit the tour schedule here: http://scholastic.com/summerroadtrip. Follow the Scholastic Summer Reading Road Trip live on social media via @Scholastic and #SummerReading.
Thursday, June 16, 2016
Sun Basket is San Jose's answer to on-demand food delivery
Blue Apron, EatClub, and Caviar have all been gaining in popularity for on-demand food service, but we have a local San Jose company that has thrown its hat in the ring. Sun Basket is a subscription-based meal service that specializes in healthy, organic, paleo, and gluten-free options. They deliver the raw ingredients in the right proportions along with instructions on how to prepare the meals. It is a fantastic option for people that want to cook wholesome meals but do not want to waste time shopping for ingredients or hunting new recipes.
My wife and I currently use Blue Apron which has a similar business model, but are planning to try out Sun Basket very soon. So far we have had great experiences with Blue Apron meals. I really think these services are a great compromise between getting take out and traditional cooking. 90% of the meals I've had are restaurant-grade and half the price.
Sun Basket already has 20,000 subscribers. The company has 225 full-time employees and is planning to grow to 300 in the near future. They are based in a 65,000 SQFT warehouse on Olinder Court in East San Jose (formerly Race Street Foods).
Check out the Sun Basket website over here, and make sure to read SJ Economy's post using the source link below.
Source: SJ Economy Blog
My wife and I currently use Blue Apron which has a similar business model, but are planning to try out Sun Basket very soon. So far we have had great experiences with Blue Apron meals. I really think these services are a great compromise between getting take out and traditional cooking. 90% of the meals I've had are restaurant-grade and half the price.
Sun Basket already has 20,000 subscribers. The company has 225 full-time employees and is planning to grow to 300 in the near future. They are based in a 65,000 SQFT warehouse on Olinder Court in East San Jose (formerly Race Street Foods).
Check out the Sun Basket website over here, and make sure to read SJ Economy's post using the source link below.
Source: SJ Economy Blog
Saturday, June 11, 2016
Saturday Stats: San Jose is the top place to start a business in America
San Jose has returned to the top spot as the best city in the country to start a business according to an annual ranking by Biz2Credit. Shockingly, we came in at 18th place last year due to high costs of doing business. However, this year the other criteria were more than able to make up for those costs. The study looked at the health of small businesses in each metro, the entrepreneurial ecosystem, taxes, and the local talent pool.
New York City took the second highest spot on the list followed by San Francisco in third. For more details, read the full article over here.
Source: CNBC
New York City took the second highest spot on the list followed by San Francisco in third. For more details, read the full article over here.
Source: CNBC
Friday, May 13, 2016
Equinix planning a significant San Jose data-center expansion
Santa Clara is definitely the hotspot in Silicon Valley for data centers. The city has their own electric utility which provides the least expensive and most reliable electricity in the area. However, the cost of Santa Clara real estate has gotten to the point where it is not always the obvious choice anymore. Equinix, a Redwood City-based data center giant, is doubling down in South San Jose to meet our ever-growing need for more capacity.
The company already has two data centers at Great Oaks Boulevard (SV1 and SV5) and have purchased 11.15 acres that formerly housed an IBM disk drive campus (there is some irony here). Equinix could build as much as 386,000 SQFT of data center space on the land.
Next door is another 65 acres of land already primed for development. A 150,000 SQFT Costco, 700+ homes, and retail will all likely join the new data center in the neighborhood.
Equinix also owns 18 acres of land at San Ignacio and Via del Oro over Highway 85 where they are planning to build three, two-story data centers that total a whopping 579,000 SQFT. Combined with their latest acquisition, Equinix could be adding nearly 1 million SQFT of data centers to South San Jose.
Source: SVBJ
The company already has two data centers at Great Oaks Boulevard (SV1 and SV5) and have purchased 11.15 acres that formerly housed an IBM disk drive campus (there is some irony here). Equinix could build as much as 386,000 SQFT of data center space on the land.
Next door is another 65 acres of land already primed for development. A 150,000 SQFT Costco, 700+ homes, and retail will all likely join the new data center in the neighborhood.
Equinix also owns 18 acres of land at San Ignacio and Via del Oro over Highway 85 where they are planning to build three, two-story data centers that total a whopping 579,000 SQFT. Combined with their latest acquisition, Equinix could be adding nearly 1 million SQFT of data centers to South San Jose.
Source: SVBJ
Thursday, May 12, 2016
LeEco chooses San Jose for their North American headquarters
LeEco is an innovate Chinese company that is involved a multitude of high-tech businesses. They make smartphones, smart TVs, and are now working on autonomous cars. They are also a leading provider of streaming content in China (and are sometimes referred to as the Netflix of China). San Jose just scored a big win as LeEco recently decided to locate their North American headquarters here.
The new office is located at 3553 North 1st Street, conveniently close to just about every other major tech company on the planet. The 80,000 SQFT building could be home to as many as 800 new employees by the end of the year. LeEco will primarily use the space for cutting-edge R&D in both artificial intelligence and autonomous driving, two markets that will help drive the next wave of tech innovation.
Below is a short video and photos courtesy of the SJSV Chamber of Commerce.
The new office is located at 3553 North 1st Street, conveniently close to just about every other major tech company on the planet. The 80,000 SQFT building could be home to as many as 800 new employees by the end of the year. LeEco will primarily use the space for cutting-edge R&D in both artificial intelligence and autonomous driving, two markets that will help drive the next wave of tech innovation.
Below is a short video and photos courtesy of the SJSV Chamber of Commerce.
Sunday, April 24, 2016
SVSJ Chamber hosting San Jose business tax modernization meeting
City staff will present their draft recommendation and seek feedback from business owners.
Who: Any business that operates in the city of San Jose
When: Wednesday, April 27th at 7:30 am to 9:00 am (30 min networking, 60 minute presentation/Q&A)
Where: San Jose Silicon Valley Chamber of Commerce, 101 W. Santa Clara St, San Jose (parking is available at 45 N. Market St. Garage)
Cost: FREE
Please pre-register here: http://web.sjchamber.com/events/City-of-San-Jose-Business-Tax-Modernization-Outreach-2300/details
Coffee and pastries will be provided.
Saturday, April 16, 2016
Saturday Stats: San Jose is the top place for minority-owned businesses in the US
We all know San Jose is one of the most diverse cities on the planet and also one of the best cities for business. So it should not come as a big surprise that San Jose is the best place for minority-owned businesses.
At $83,406/year, San Jose had the highest minority median income in the US. The average revenue per minority-owned business in our area comes in at $317,979 and there are 45.74 minority-owned businesses per 1,000 residents. 6th on the list was San Francisco and New York was all the way down at #51.
Source: Nerdwallet, SJ Economy News
At $83,406/year, San Jose had the highest minority median income in the US. The average revenue per minority-owned business in our area comes in at $317,979 and there are 45.74 minority-owned businesses per 1,000 residents. 6th on the list was San Francisco and New York was all the way down at #51.
Source: Nerdwallet, SJ Economy News
Thursday, April 14, 2016
San Jose's Vasona Networks raises $14.6 million
Venture funding may be slowing down, but that has not stopped Vasona Networks from raising new funding from Bessemer Venture Partners, New Venture Partners, and NexStar Partners. The company provides mobile network infrastructure that makes it easier to manage spikes of internet traffic.
This latest round of $14.6 million will bring total funding to $48 million. They will use the money to expand their services to additional cities around the globe.
Vasona Networks is headquartered at 2025 Gateway Pl. in North San Jose near the airport.
Source: SVBJ
This latest round of $14.6 million will bring total funding to $48 million. They will use the money to expand their services to additional cities around the globe.
Vasona Networks is headquartered at 2025 Gateway Pl. in North San Jose near the airport.
Source: SVBJ
Tuesday, March 29, 2016
New San Jose-based real estate startup - Places.me
Places.me is a new Silicon Valley real estate site with a very slick user-interface. Their goal is to make it easier (and less expensive) to buy and sell homes.
The company founder, Manly Danh, was born and raised in San Jose. Both of his parents immigrated from Vietnam with $10 in their pockets, but eventually fulfilled the American dream with a home on 7th and Santa Clara. Founding Places.me wasn't something that Manly just wanted to do, it is something that he knew he was supposed to do.
The site has one of the coolest homepages I have seen and I love how San Jose locations are prominently displayed as a full-screen video (Santana Row, San Pedro Square, and Downtown high-rises are all in there). While I am not in the market for a new home, I have to admit that I spent the last hour searching for San Jose dream homes.
If you buy a home through the site, you will get 1% of the purchase price back. If selling a home, you pay a 3% commission instead of the standard 6%. In Silicon Valley, this translates to savings in the tens of thousands of dollars range--definitely something to think about.
Below is their inaugural blog post. Check out the site for yourself over here.
Hi there, neighbor!
So, about us — we’re a real estate startup based in San Jose creating an easier and faster way to connect home buyers and sellers. With over 90% of people using the internet as part of their research to buy or sell a home, we’ve built Places to bring buyers and sellers together in a platform that takes the hassle out of traditional real estate.
If you’ve ever bought or sold a home out in the wild, you’ve probably managed your transaction through an agent. And with the average sale to closing time starting at 4 weeks, the process can be pretty tedious and lengthy. The experience can make you feel like a number — it has for folks on our team who’ve been in the same boat. That’s not a great feeling when you’re talking about a transaction in the hundreds of thousands of dollars.
A new take on real estate
We’re trying a different angle. We want you to love the homebuying experience, start to finish. So we’ve built a data-driven platform that makes it easy to thoroughly and quickly research homes, get to know neighborhoods, and make offers quickly — without a traditional realtor. With new listings being added every day, and an average closing time of 10 days, you’ll be able to get a move on easily without all the usual rigamarole of traditional real estate. And we’re here for you every step of the way, so you can feel connected and in control throughout the whole transaction. Plus, buyers even get 1% back on their purchase price at closing, while sellers can save 50% on commissions — not too shabby, eh?
Let’s stay in touch
We’re just getting started, and we’ll be using this blog to keep you posted on what we’re up to. Stay tuned for the latest improvements to our marketplace, featured homes, stories from our local community, and more. And we want your feedback and ideas — so please, don’t be shy. Click those comment and share buttons, and let’s keep the conversation going!
Visit us at www.places.me
The company founder, Manly Danh, was born and raised in San Jose. Both of his parents immigrated from Vietnam with $10 in their pockets, but eventually fulfilled the American dream with a home on 7th and Santa Clara. Founding Places.me wasn't something that Manly just wanted to do, it is something that he knew he was supposed to do.
The site has one of the coolest homepages I have seen and I love how San Jose locations are prominently displayed as a full-screen video (Santana Row, San Pedro Square, and Downtown high-rises are all in there). While I am not in the market for a new home, I have to admit that I spent the last hour searching for San Jose dream homes.
If you buy a home through the site, you will get 1% of the purchase price back. If selling a home, you pay a 3% commission instead of the standard 6%. In Silicon Valley, this translates to savings in the tens of thousands of dollars range--definitely something to think about.
Below is their inaugural blog post. Check out the site for yourself over here.
Hi there, neighbor!
So, about us — we’re a real estate startup based in San Jose creating an easier and faster way to connect home buyers and sellers. With over 90% of people using the internet as part of their research to buy or sell a home, we’ve built Places to bring buyers and sellers together in a platform that takes the hassle out of traditional real estate.
If you’ve ever bought or sold a home out in the wild, you’ve probably managed your transaction through an agent. And with the average sale to closing time starting at 4 weeks, the process can be pretty tedious and lengthy. The experience can make you feel like a number — it has for folks on our team who’ve been in the same boat. That’s not a great feeling when you’re talking about a transaction in the hundreds of thousands of dollars.
A new take on real estate
We’re trying a different angle. We want you to love the homebuying experience, start to finish. So we’ve built a data-driven platform that makes it easy to thoroughly and quickly research homes, get to know neighborhoods, and make offers quickly — without a traditional realtor. With new listings being added every day, and an average closing time of 10 days, you’ll be able to get a move on easily without all the usual rigamarole of traditional real estate. And we’re here for you every step of the way, so you can feel connected and in control throughout the whole transaction. Plus, buyers even get 1% back on their purchase price at closing, while sellers can save 50% on commissions — not too shabby, eh?
Let’s stay in touch
We’re just getting started, and we’ll be using this blog to keep you posted on what we’re up to. Stay tuned for the latest improvements to our marketplace, featured homes, stories from our local community, and more. And we want your feedback and ideas — so please, don’t be shy. Click those comment and share buttons, and let’s keep the conversation going!
Visit us at www.places.me
Thursday, March 10, 2016
San Jose's Signifyd raises $20 million
Signifyd is an e-commerce startup that specializes in fraud protection. They charge e-commerce companies a percentage fee in order to verify that purchases are coming from a legitimate source. Signifyd has protected $5.6 billion worth of transactions so far.
The company has just raised a $20 million Series B round, bringing their total amount of investment to $31 million. It's always great to see San Jose startups getting traction and the funding needed to continue to grow.
Signifyd is headquartered at 2590 North 1st Street.
Source: SVBJ
The company has just raised a $20 million Series B round, bringing their total amount of investment to $31 million. It's always great to see San Jose startups getting traction and the funding needed to continue to grow.
Signifyd is headquartered at 2590 North 1st Street.
Source: SVBJ
Friday, February 26, 2016
SJSV Chamber Honors Distinguished Business Leaders
The San Jose Silicon Valley Chamber of Commerce is a 131-year-old organization with a mission to create a strong local economy and vibrant business community. Last night they honored several local business leaders during their annual membership dinner. The sold-out event was filled with Silicon Valley politicians, executives, and power players.
Matthew Mahood, the Chamber's President and CEO, reinforced the organization's commitment to economic development, protecting jobs, and regional success during this address to the guests. He also mentioned some interesting tidbits such as making a "Made in Silicon Valley" brand for local manufacturing, creating a "smart building" zone, and putting together a group called "San Joseans for Jobs" to protect the local business climate by minimizing taxes and unnecessary regulations (that last one got a vigorous a round of applause).
Given 2016 is a big election year, you can also expect the Chamber to be very active in political races and supporting candidates that are aligned with regional economic objectives. A strong economy benefits just about everyone--I know I'll be paying extra attention to their recommendations this year.
Below you can find a press release about the event, and you can learn more details about each of the winners at the SJSV Chamber website over here.
SJSV Chamber Honors Distinguished Business Leaders
San Jose, Calif.— The San Jose Silicon Valley Chamber of Commerce is pleased to announce the 2016 Distinguished Business Awards and Business Hall of Fame inductees, who will be recognized at its Annual Membership Dinner on Thursday, Feb. 25, at the DoubleTree by Hilton San Jose.
Now in its fifth year, the Distinguished Business Awards aim at honoring those business leaders from within the SJSV Chamber’s 1,400-member organization. There are eight award categories that honored annually and their peers nominate all but the Business Hall of Fame inductees.
The highest honor of the night, the Distinguished Business Leader Award, is given to an individual who has demonstrated long-term excellence in both business and civic engagement. Nominees should have demonstrated leadership and continuous service to the greater Silicon Valley region through the promotion of business, civic engagement, community promotion, philanthropic support and quality of life enhancements.
This year’s Distinguished Business Leaders are Mike and Mary Ellen Fox from M.E. Fox & Company, Inc. Nominators highlighted the Fox’s steadfast commitment to their community throughout their many years in business.
“It is a genuine pleasure to be able to honor our business leaders in front of their peers every year. These are businesses and individuals that work day in and out to ensure that their businesses are successful, create jobs for our residents and help create a great community where we all live, work and play.” –Matthew Mahood, SJSV Chamber President & CEO
2016 Award recipients:
The San Jose Silicon Valley Chamber of Commerce is a nonprofit business association representing nearly 1,400 employers and 250,000 employees throughout the greater Silicon Valley. Its mission is to create a strong local economy, provide premier business connections and visibility, represent the interests of business to government, promote the community and initiate political and community action.
Matthew Mahood, the Chamber's President and CEO, reinforced the organization's commitment to economic development, protecting jobs, and regional success during this address to the guests. He also mentioned some interesting tidbits such as making a "Made in Silicon Valley" brand for local manufacturing, creating a "smart building" zone, and putting together a group called "San Joseans for Jobs" to protect the local business climate by minimizing taxes and unnecessary regulations (that last one got a vigorous a round of applause).
Given 2016 is a big election year, you can also expect the Chamber to be very active in political races and supporting candidates that are aligned with regional economic objectives. A strong economy benefits just about everyone--I know I'll be paying extra attention to their recommendations this year.
Below you can find a press release about the event, and you can learn more details about each of the winners at the SJSV Chamber website over here.
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| Nonprofit of the Year: Downtown Streets Team Photo courtesy of the SJSV Chamber of Commerce |
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| Business Advocate of the Year: Ru Weerakoon Photo courtesy of the SJSV Chamber of Commerce |
SJSV Chamber Honors Distinguished Business Leaders
San Jose, Calif.— The San Jose Silicon Valley Chamber of Commerce is pleased to announce the 2016 Distinguished Business Awards and Business Hall of Fame inductees, who will be recognized at its Annual Membership Dinner on Thursday, Feb. 25, at the DoubleTree by Hilton San Jose.
Now in its fifth year, the Distinguished Business Awards aim at honoring those business leaders from within the SJSV Chamber’s 1,400-member organization. There are eight award categories that honored annually and their peers nominate all but the Business Hall of Fame inductees.
The highest honor of the night, the Distinguished Business Leader Award, is given to an individual who has demonstrated long-term excellence in both business and civic engagement. Nominees should have demonstrated leadership and continuous service to the greater Silicon Valley region through the promotion of business, civic engagement, community promotion, philanthropic support and quality of life enhancements.
This year’s Distinguished Business Leaders are Mike and Mary Ellen Fox from M.E. Fox & Company, Inc. Nominators highlighted the Fox’s steadfast commitment to their community throughout their many years in business.
“It is a genuine pleasure to be able to honor our business leaders in front of their peers every year. These are businesses and individuals that work day in and out to ensure that their businesses are successful, create jobs for our residents and help create a great community where we all live, work and play.” –Matthew Mahood, SJSV Chamber President & CEO
2016 Award recipients:
- Distinguished Business Leaders: Mike and Mary Ellen Fox, M.E. Fox & Company, Inc.
- Business Woman of the Year: Claudia Folzman, Iron Construction
- Business Man of the Year: Mark Tersini, KT Urban
- Small Business of the Year: 360 Payment Solutions
- Business Advocate of the Year: Ru Weerakoon
- Nonprofit of the Year: Downtown Streets Team
- Volunteer of the Year: Casey Quisol
- Guglielmo Winery – Founded 1925
- Westin San Jose – Founded 1926
- Kaiser Permanente – Founded 1944
- KBM Workspace – Founded 1946
- Tech CU – Founded 1960
- Good Samaritan Hospital – Founded 1966
The San Jose Silicon Valley Chamber of Commerce is a nonprofit business association representing nearly 1,400 employers and 250,000 employees throughout the greater Silicon Valley. Its mission is to create a strong local economy, provide premier business connections and visibility, represent the interests of business to government, promote the community and initiate political and community action.
Monday, February 8, 2016
Apple's Big Plans for San Jose
A couple weeks ago the San Jose city council formally and unanimously approved a 15 year development agreement with Apple. This would give the company the ability to build up to 4.15 million SQFT of office space in North San Jose. To put that in perspective, that would be more than all of Apple's Cupertino offices including it's new flagship headquarters. That much real estate could accommodate 16,000 well-paid tech employees.
While there is no guarantee that Apple will fully build out this much space, this agreement opens up a huge door for San Jose. If Apple continues to grow, San Jose will be the obvious partner to fill the need for large amounts of space. Given the very real possibility that Apple may enter the auto industry, the demand for several million square feet of space could become imminent. In fact, Apple is already planning to occupy two projects totaling almost 500,000 SQFT in North San Jose: the former Atmel headquarters (296,000 SQFT) and a 200,000 SQFT office building under construction. Apple could have 1,000 employees in San Jose by the end of the year.
I have a feeling that 2016 will be a great year for getting more large tech companies into San Jose. Apple and Google are paving the way for others to enter the market and join the party.
Source: SVBJ
While there is no guarantee that Apple will fully build out this much space, this agreement opens up a huge door for San Jose. If Apple continues to grow, San Jose will be the obvious partner to fill the need for large amounts of space. Given the very real possibility that Apple may enter the auto industry, the demand for several million square feet of space could become imminent. In fact, Apple is already planning to occupy two projects totaling almost 500,000 SQFT in North San Jose: the former Atmel headquarters (296,000 SQFT) and a 200,000 SQFT office building under construction. Apple could have 1,000 employees in San Jose by the end of the year.
I have a feeling that 2016 will be a great year for getting more large tech companies into San Jose. Apple and Google are paving the way for others to enter the market and join the party.
Source: SVBJ
Thursday, January 7, 2016
San Jose-based Nutanix May IPO This Month
Nutanix offers storage and visualization solutions that are used in data centers around the globe. The company will likely be one of the first Silicon Valley IPO this year and is hoping to raise $200 million. The company currently has 1,368 employees and revenues of $241 million a year. You will be able to find them under the NASDAQ symbol of NTNX.
The company is headquartered near SJC at 1740 Technology Dr #150. The infusion of money will mean more growth for the company, additional job openings, and an opportunity for current employees to cash in some of those shares and contribute to the local economy.
Source: SVBJ
The company is headquartered near SJC at 1740 Technology Dr #150. The infusion of money will mean more growth for the company, additional job openings, and an opportunity for current employees to cash in some of those shares and contribute to the local economy.
Source: SVBJ
Monday, December 21, 2015
Google Signs Another North San Jose Lease!
Google is finally stepping up to the plate and joining Apple in acquiring commercial space in North San Jose. The company leased two buildings at the corner of North First Street and Trimble (2600 North First Street and 75 E. Trimble Road). This will give Google 174,000 SQFT, a rounding error compared to their Mountain View Campus.
This is actually their second San Jose lease. Google's first San Jose location was 40,000 SQFT at 2460 North First Street. That was just a dipping their toe in the water. Now they have both feet in and could potentially jump in for a swim. Google is going to need far more space than what Mountain View can provide. If San Jose proves to be a good partner for them, it will mean much larger investments in the future.
Keep in mind that Google is just one piece of parent company called Alphabet. There are many other great companies under that umbrella that could use offices located in the Golden Triangle with easy access to manufacturing facilities and semiconductor fabs (Nest, I'm looking at you).
Source: SVBJ
This is actually their second San Jose lease. Google's first San Jose location was 40,000 SQFT at 2460 North First Street. That was just a dipping their toe in the water. Now they have both feet in and could potentially jump in for a swim. Google is going to need far more space than what Mountain View can provide. If San Jose proves to be a good partner for them, it will mean much larger investments in the future.
Keep in mind that Google is just one piece of parent company called Alphabet. There are many other great companies under that umbrella that could use offices located in the Golden Triangle with easy access to manufacturing facilities and semiconductor fabs (Nest, I'm looking at you).
Source: SVBJ
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