tech:

taffy

BrightBytes Raises $2.5M Series A Funding

Educational analytics company BrightBytes has raised $2.5 million in Series A funding from Rethink Education, a New York-based venture capital fund that invests in education technology startups. The funding follows the company’s raise of a $750,000 convertible note in December 2012, led by Learn Capital with participation from NewSchools Venture Fund.

Matt Greenfield, managing partner of Rethink Education, will be joining the BrightBytes board.

[Image courtesy: BrightBytes]

Just in

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.

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.

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.

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. 

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.