TechTaffy

tech:

taffy

DataSift Raises $42 Million

By TechTaffy Desk

U.K.-based startup DataSift has secured $42 million in Series C financing led by Insight Venture Partners, with participation from existing investors Scale Venture Partners, Upfront Ventures, IA Ventures, Northgate Capital, Daher Capital and Cendana Capital. Insight Venture Partners co-founder and managing director Jeff Horing is joining the DataSift board of directors.

DataSift now powers over 1,000 corporate customers across 40 countries including Bloomberg, Dow Jones, CBS Interactive, Dell, Marketwired, and HootSuite, among others, according to the company.

DataSift offers social analytics and insights from the billions of public social conversations on Twitter and other social networks, and includes both real-time and historical social data. The latest investment brings the company’s total funding to roughly $70 million.

[Image courtesy: DataSift]

 

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.