tech:

taffy

StudyBlue Raises $9M Funding

StudyBlue[Techtaffy Newsdesk]

StudyBlue, a mobile and social study platform, has raised $9 million in a Series A-1 funding round led by Great Oaks Venture Capital, with participation from the Wisconsin Alumni Research Foundation (WARF) and existing investors.

“We are experiencing rapid growth. This financing allows us to further expand our community and platform to help students master their course material faster,” said Becky Splitt, StudyBlue’s CEO. “Our online, mobile and social tools connect students to a comprehensive crowd-sourced library of content on nearly any subject, and to each other, in a highly relevant way.”

StudyBlue provides students with a “digital backpack” that helps them store and organize their class study materials, turn them into digital flashcards and quizzes, and compare them with others studying the same subjects.

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.