TechTaffy

tech:

taffy

Desti Raises $1M

By TechTaffy Desk

Desti

[Techtaffy Newsdesk]

Desti, a company that has a smart travel guide app for the iPad by the same name, has added $1 million in funding to their seed round from previous investors, including Carmel, SRI International and Horizon Ventures. This latest funding comes as an extension of the company’s initial seed raise in October 2011, bringing Desti’s total funding to $2.55 million.

Desti uses natural language processing and Virtual Personal Assistant (VPA) technology derived from SRI International to deliver custom travel recommendations for local travel, including hotels, events, attractions, and restaurants.

Currently in public beta, the company says it will use the funding to grow their presence and content focus targeted initially at California and Nevada before expanding to cover the entire west coast by Q1 of 2013. Desti launched into public beta in November 2012.

 

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.