TechTaffy

tech:

taffy

LiftIgniter raises $6.4 million Series A round

By TechTaffy Desk

San Francisco-based LiftIgniter, a company working on machine learning personalization and a recommendation engine for websites and content, has completed a $6.4 million Series A round of financing.

Storm Ventures led the round, with participation from Rincon Venture Partners, Revel Partners, and NTT DOCOMO Ventures. Angel investors Tom Chavez, CEO and cofounder of Krux, and Bruce Falck, general manager of Revenue Product at Twitter, also participated in the round.

LiftIgniter has raised a total of $8.25 million to date.

[Image courtesy: LiftIgniter]

Just in

Around the web

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.
IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.