TechTaffy

tech:

taffy

Career Community Glassdoor Raises $20M

By TechTaffy Desk

[Techtaffy Newsdesk]

Glassdoor has raised $20 million in venture financing led by DAG Ventures, with participation from existing investors Benchmark Capital, Sutter Hill Ventures and Battery Ventures. The new round brings Glassdoor’s total capital raised to $42.2 million. The company expects to use the additional capital to accelerate international development, invest in new data and recruitment technologies, and hire talent to support its growth.

Glassdoor offers free information on jobs and companies, including salary details, company reviews, and interview questions, posted anonymously by employees and job seekers. It also lets companies maintain a presence on the Glassdoor site. Glassdoor has data on more than 220,000 companies in over 190 countries, including compensation information in the local currency, according to the company.

[Image Courtesy: Glassdoor]

 

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.