TechTaffy

tech:

taffy

Dell Boomi appoints Steve Wood as chief product officer

By TechTaffy Desk

Dell Boomi, a provider of cloud integration and workflow automation software, and an independent business unit of Dell, has appointed Steve Wood as chief product officer for the company.

Mr. Wood, who will lead product innovation for Boomi, came to the company through the acquisition of ManyWho, a cloud-based low code application development platform, in March last year. Previously, Mr. Wood was vice president of product management with Salesforce; having joined the company when Salesforce acquired his startup Informavores in 2009.

“Organizations are hungry for a unified integration solution that can keep pace with the demands of their business,” said Mr. Wood. “With Boomi, our customers have access to a solution to connect everything, so they can engage everywhere across any device or platform.”

In another development, Boomi said it is increasing its R&D spend and sales capacity 50 per cent YoY from 2017 to 2018.

[Image courtesy: Dell Boomi]

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.