tech:

taffy

Facebook, Spotify Investors Fund NationBuilder

[Techtaffy Newsdesk]

NationBuilder, creators of a online community organizing system, has secured $6.25 million in Series A funding led by Andreessen Horowitz. Andreessen Horowitz’s investments include Facebook, Pinterest, Twitter and Zynga; if NationBuilder is anything like the rest of the portfolio companies, we can expect seeing major disruptions in online community building now.

Ben Horowitz (General partner and co-founder, Andreessen Horowitz): NationBuilder is that rarest of products that not only has the potential to change its market, but to change the world.

Along with the new funding, there are a few personnel changes in the upper echeleons of the company. NationBuilder co-founder Joe Green has taken on the role of the company’s president. Ben Horowitz of Andreessen Horowitz has joined its board of directors. Sean Parker, who is an investor in the company, is also part of the board now.

NationBuilder synthesizes a Content Management System (CMS) with Customer Relationship Management (CRM) into one service designed specifically to organize people – a Community Organizing System (COS). Before NationBuilder, it was impossible to create this type of functionality without a tech team and many thousands of dollars, assets only available to large organizations and campaigns, says the company.

[Image Courtesy: NationBuilder]

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.