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Scott Wagner Joins GoDaddy As COO, CFO

Scott Wagner has joined GoDaddy as COO and CFO. Mr. Wagner was a KKR Capstone Member and the leader of KKR’s portfolio operations team in North America, who stepped in as GoDaddy’s interim CEO last summer.

Mr. Wagner began working with GoDaddy a short time after KKR, Silver Lake Partners and Technology Crossover Ventures invested in the company in 2011. Mr. Wagner was with KKR for 13 years, working with its portfolio companies as both an advisor and stand-in executive with a particular focus on technology, media and payments.  

GoDaddy sales hit nearly $1.3 billion last year. The company has over 11 million customers worldwide.

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

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. 

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.

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. 

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.