TechTaffy

tech:

taffy

Thumbtack Raises $12.5M Series D Round

By TechTaffy Desk

Thumbtack has closed a $12.5 million Series B investment round led by Sequoia Capital. Prior investors Javelin Venture Partners and MHS Capital also contributed to the new investment round. Bryan Schreier from Sequoia will join Thumbtack’s board of directors.

The new financing will be used to expand Thumbtack’s team, says the company.

Thumbtack is an Internet platform that connects consumers to some 250,000 service professionals across local services from photographers and DJs to personal trainers and tutors. Thumbtack currently generates about $300 million a year in new business for local professionals nationwide, says the company.

[Image courtesy: Thumbtack]

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.