TechTaffy

tech:

taffy

Rackspace Names Chief Marketing Officer

By TechTaffy Desk

[Techtaffy Newsdesk]

Rackspace Hosting has appointed Suaad Sait as Chief Marketing Officer. In the newly created role, Mr. Sait will oversee global marketing.

Prior to joining Rackspace, Mr. Sait, 44, was founder and CEO of Reachforce, a venture-backed B2B marketing-data services startup, which he continues to serve as chairman of the board. Mr. Sait earned his BS in electrical and computer engineering from State University of New York at Buffalo, and his MS in Business Administration from the University of Rochester.

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.