tech:

taffy

Buffer Lands 19 Investors, $400,000 Seed Funding

By Sudarshana Banerjee

Buffer, a social content sharing service, has closed its seed round with $400,000 in funding from 19 investors. The company says that it already has $20,000 in monthly revenues and some money left over from AngelPad, but went in for funding because it would give them the speed to accelerate things like hiring people, and hiring people fast.

Buffer investors include Eric Kim, Jay Baer, Dharmesh Shah, Hiten Shah, Thomas Korte, and Gokul Rajaram, among others. Instead of the usual press release or blog post announcing the funding, Buffer shares the story of how they met the investors and how they got on board Buffer. You will find their story here.

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.