tech:

taffy

SecurityScorecard raises $20 million; GV leads investment

Cybersecurity company SecurityScorecard has raised $20 million in Series B funding. The financing round was led by GV (formerly Google Ventures) with participation from existing investors Sequoia Capital, Evolution Equity Partners, Boldstart Ventures, as well as new investor Two Sigma Ventures.

As part of the financing, Karim Faris, general partner at GV, and Tom Mendoza, vice chairman of NetApp, will be joining SecurityScorecard’s board. Mr. Mendoza will represent Sequoia Capital on the SecurityScorecard board.

[Image courtesy: SecurityScorecard]

Just in

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.