TechTaffy

tech:

taffy

Intel Capital Invests In Big Switch Networks

By TechTaffy Desk

Intel Capital has invested in its Series B funding, says Big Switch Networks. This brings the total amount raised to date to over $45 million, from investors including Goldman Sachs, Index Ventures, Khosla Ventures, Redpoint Ventures and others.

Guido Appenzeller (CEO and co-founder, Big Switch Networks):Dramatic changes in enterprise and service provider data center networks require novel networking architectures and products.

In 2012, Big Switch Networks shipped its platform independent Open Software-Defined Networking(SDN) product suite, including network virtualization and network monitoring applications.

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.