TechTaffy

tech:

taffy

BrowserStack closes $50 million Series A investment

By TechTaffy Desk

Web and mobile browser testing platform BrowserStack, founded in Mumbai, India, in 2011 by Ritesh Arora and Nakul Aggarwal, has raised a $50 million Series A investment from Accel for a minority equity position. The deal was led by Accel Partners’ Ryan Sweeney, Nate Niparko, and Shekhar Kirani. Mr. Sweeney will join BrowserStack’s board of directors.

BrowserStack has 25,000 unique paying customers, including Microsoft, Twitter, Mastercard, Barclays, Gap, TD Ameritrade, Lincoln Financial, mytoys and Yahoo Japan, according to the company.

The company also announced the opening of its new North American headquarters in San Francisco.

[Image courtesy: BrowserStack]

Just in

Series A

Tembo raises $14M

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

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. 
Fundings

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.
Around the web

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. 
IT

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.