TechTaffy

tech:

taffy

Kleiner Perkins Invests In Klout’s Series C Funding

By TechTaffy Desk

 

 

By Sudarshana Banerjee

Klout has officially confirmed a new round of funding. The round was led by Kleiner Perkins. Institutional Venture Partners and Venrock also participated, along with previous investors Greycroft and ff Venture Capital.

Joe Fernandez (CEO and co-founder): Our mission is to empower every person by unlocking their influence and this funding will allow us to scale that vision.

While details of the funding was not disclosed, according to Liz Gannes of All Things Digital, the round took place in November last year, and valued the company at roughly $200 million.

Chi-Hua Chien from Kleiner Perkins will be joining the company’s board of directors, said Mr. Fernandez.

[Image: Mr. Guy Kawasaki’s Klout profile.]

 

 

 

 

 

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.