TechTaffy

tech:

taffy

Cog raises $3.5 million

By TechTaffy Desk

Cybersecurity software company Cog has raised $3.5 million in Series A funding from private investment company Grok Ventures (Atlassian founder and CEO Mike Cannon-Brookes’ investment vehicle) and Australian tech venture fund rampersand.

Cog’s pilot product, the D4 Secure Mobile device, is a reference design that runs on the HTC One A9. The U.S. Department of Defense has acquired the first round of commercially available devices for their own internal use, said the company in a statement.

Cog was launched in 2014 by Dr. Daniel Potts, a former Northrop Grumman and OK Labs engineer, and a member of Australian Prime Minister Malcolm Turnbull’s Cybersecurity Roundtable. The company is expanding geographically to San Francisco, alongside current locations in Sydney and Chicago.

[Image courtesy: Cog]

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.