TechTaffy

tech:

taffy

Basis Completes $11.5 Million Series B Round

By TechTaffy Desk

Basis Science, the company behind Basis, a wrist-based health tracker and online personal dashboard, has raised $11.5 million in Series B funding. The round was led by Mayfield Fund with investment from existing investors, DCM and Norwest Venture Partners.

Basis is adding healthy living expert Deepak Chopra, and innovator and technology analyst Esther Dyson as advisors. Tim Chang, managing director at Mayfield has joined Basis’ board of directors.

Basis continuously captures heart rate patterns, motion, perspiration and skin temperature, throughout the day and night. It is currently available in the U.S for $199. If you want to get one though, there is a wait. Basis is currently on backorder.

[Image courtesy: Basis Science]

Just in

Series E

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
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. 
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.