TechTaffy

tech:

taffy

Infusionsoft Raises $54M Growth Capital

By TechTaffy Desk

[Techtaffy Newsdesk]

Infusionsoft has raised $54 million in growth capital financing from Goldman Sachs, with participation from Arthur Ventures. The company says it will use the funds to ramp up product development, accelerate marketing and sales, and grow its partner and education programs.

To date, Infusionsoft has received a total of $71 million in funding. Goldman Sachs joins Mohr Davidow Ventures and Signal Peak Ventures as investors in Infusionsoft.

Infusionsoft provides an all-in-one sales and marketing software for small businesses. The company employs 350 people, and recently moved into new headquarters in Chandler, Ariz., where it plans to grow to 1,000 employees in the next three years.

 

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.