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Avaya Adds Two New Board Members

Avaya has appointed Kiran Patel and Ronald Rittenmeyer to the company’s board.

Kiran Patel served as executive vice president and general manager of the Small Business Group at Intuit from December 2008 to September 2013. He previously served as senior vice president and general manager of the Consumer Group of Intuit from June 2007 to December 2008. Mr. Patel is currently on the board of directors of KLA-Tencor, as well.

Ronald Rittenmeyer has served as chairman, president and chief executive officer of Expert Global Solutions, since 2011. Prior to his current position with Expert Global Solutions, he served as chairman, president and chief executive officer of Electronic Data Systems. Mr. Rittenmeyer is currently on the board of directors of American International Group, and Tenet Healthcare.

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.