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Rob Chesney Of Greylock Partners Joins Trunk Club As COO
Trunk Club, a clothing service for men, has announced the appointment of Rob Chesney as Chief Operating Officer (COO). As COO, Mr. Chesney will...
Dev Ittycheria Joins Greylock As Venture Partner
Dev Ittycheria is coming aboard Greylock Partners, as a venture partner in the firm's Silicon Valley office. His areas of focus are cloud services and enabling...
Docker Secures $40M Series C Funding
Docke has raised $40 million in a series C funding round led by Sequoia Capital. Existing investors Benchmark, Greylock Partners, Insight Ventures, Trinity Ventures, and Jerry Yang also participated. Bill Coughran, who joined Sequoia after eight years as a senior vice president of engineering at Google, will represent Sequoia on the Docker board. Launched in March 2013, Docker is an open platform for building, shipping and running distributed applications.
Trifacta Raises $25M
Data analysis platform Trifacta has closed a $25 million Series C financing round. The investment was led by new investor Ignition Partners and includes existing investors Greylock Partners and Accel Partners. As part of the investment, Frank Artale, Ignition Partners managing director also joins the Trifacta board. The company raised a $12 million Series B round in July last year.
OpenDNS Raises $35M
Cloud security company OpenDNS has raised a $35 million investment round. Existing investors Greylock Partners, Sequoia Capital and Sutter Hill Ventures participated in the financing, along with Glynn Capital, Cisco, Evolution Equity, Lumia Capital, Mohr Davidow Ventures, and Northgate Capital.
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Industry
Amazon announces $1.31B investment in France
Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web
Amazon Web Services CEO Adam Selipsky to step down — CNBC
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer.Â
AI
Palo Alto Networks, Accenture expand alliance to offer generative AI services
Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.Â
Industry
Intel appoints Kevin O’Buckley as SVP and GM of Foundry Services
Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.
Industry
Squarespace to be acquired by Permira for $6.9B
Squarespace will be acquired by global private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion.