TechTaffy

tech:

taffy

Parthenon Capital Partners Closes $700 Million Fund

By TechTaffy Desk

[Techtaffy Newsdesk]

Parthenon Capital Partners, a middle market private equity firm with offices in Boston and San Francisco and over $2.0 billion of capital currently under management, said in a statement that its affiliate, Parthenon Investors IV, LP, held its final closing with $700 million in commitments. PCP Fund IV exceeded its initial fund target of $600 million and hit its “hard cap” of $700 million.

 

 

Just in

Seed

Oso Semiconductor raises $5.2M

Oso Semiconductor has raised $5.2 million in seed funding. The round was led by Engine Ventures.
People

Battelle appoints Tim Ryan to board of directors

Battelle has elected Tim Ryan, Citi’s Head of Technology and Business Enablement, to its board of directors.
Around the web

OpenAI launches ChatGPT Gov for U.S. government agencies — CNBC

It’s called ChatGPT Gov and was built specifically for U.S. government use; writes Hayden Field. 
Around the web

DeepSeek’s popular AI app is explicitly sending US data to China — Wired

Users have already reported several examples of DeepSeek censoring content that is critical of China or its policies, writes Matt Burgess and Lily Hay Newman. 
Around the web

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations — CNBC

DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services; writes Hayden Field.