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Scott Wagner Joins GoDaddy As COO, CFO

Scott Wagner has joined GoDaddy as COO and CFO. Mr. Wagner was a KKR Capstone Member and the leader of KKR’s portfolio operations team in North America, who stepped in as GoDaddy’s interim CEO last summer.

Mr. Wagner began working with GoDaddy a short time after KKR, Silver Lake Partners and Technology Crossover Ventures invested in the company in 2011. Mr. Wagner was with KKR for 13 years, working with its portfolio companies as both an advisor and stand-in executive with a particular focus on technology, media and payments.  

GoDaddy sales hit nearly $1.3 billion last year. The company has over 11 million customers worldwide.

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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.