TechTaffy

tech:

taffy

Industrial cyber security company Indegy raises $12M

By TechTaffy Desk

Industrial cyber security company Indegy has closed a $12 million Series A round of financing led by Vertex Ventures Israel with participation from Silicon Valley-based Aspect Ventures, and SBI Holdings of Japan. Existing investors Shlomo Kramer and Magma Venture Partners also participated in the round. Aviad Ariel of Vertex Ventures will be joining Indegy’s board.

The funds will be used to scale Indegy’s sales and marketing operations in North America, Europe and Asia, as well as R&D in Israel, said the company.

Indegy is headquartered in Tel Aviv, Israel, with a sales office in Palo Alto, California. The company has raised $18 million to date.

[Image courtesy: Indegy]

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.