TechTaffy

tech:

taffy

LeadGenius closes $10 million Series B round

By TechTaffy Desk

Berkeley, California-based LeadGenius has closed a Series B financing round of $10 million. Lumia Capital led the financing, with participation from Javelin Venture Partners, and existing investor Sierra Ventures.

All other existing investors including Better Ventures, Bee Partners, Y Combinator (through its Continuity Fund), Kapor Capital, Initialized Capital, Fuel Capital, Scrum Ventures and FundersClub also participated in the round.

With this investment, Martin Gedalin of Lumia Capital has joined the LeadGenius board of directors. Noah Doyle from Javelin Venture Partners will join as a board observer.

LeadGenius says it uses a combination of machine learning technology and human researchers to gather and quality-assure B2B contact data. Marketers can also use LeadGenius’ SaaS platform to send out automated, personalized emails. LeadGenius is used by Google, eBay, Box, and Weebly.

A Y Combinator alum from the Summer 2011 class, LeadGenius has now raised more than $20 million in total funding.

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.