TechTaffy

tech:

taffy

Dachis Group Completes $7.5M Series C Round

By TechTaffy Desk

Social marketing solutions company Dachis Group has completed a $7.5 million Series C funding round led by Austin Ventures. The company says it will use the investment to accelerate the development of its core big data social analytics platform.

Jeffrey Dachis (CEO, Chairman, and Founder Dachis Group):  In just the last few months, we’ve hit over 100 enterprise licenses for our software sold into the world’s largest brands and agencies including Nokia, New York Life, Starwood, Bloomberg, Bank of America, Estee Lauder, Juniper, Acer, and AT&T.

Dachis Group tracks more than 35,000 brands and several hundred million brand social interactions every single day, says the company. The data represents 850 trillion permutations of data that it analyzes and packages into metrics and insights.

[Image courtesy: Dachis Group]

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.