Sadly I think it will follow the same fate as SF Grand Prix.
Interesting piece of trivia. Intel which headquarters are in Santa Clara sponsors a polish cycling team. http://www.actionteam.pl/en/home/ They also have facilities like showers, and fenced of bike parking area, that makes commuting much easier. But they are not sponsoring any U.S. based cycling events as far as I know.
I think this demonstrates that most companies that do business in the U.S. don't believe that sponsoring a cycling event is a good investment.