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Hyperledger adds Deutsche Bank as premier member

Hyperledger, an open source collaborative effort created to advance cross-industry business blockchain technologies, announced Deutsche Bank has joined the project as a premier member, on Wednesday.

ADP acquires WorkMarket

ADP has acquired WorkMarket, a  cloud-based workforce management solution provider. Financial terms of the transaction were not disclosed.

Prith Banerjee joins Korn Ferry as senior client partner

Prith Banerjee has joined Korn Ferry as senior client partner IOT and Innovation Transformation for the Global Industrial Practice. Mr. Banerjee joins Korn Ferry from Schneider...

Demandbase closes $65M funding round

Artificial intelligence-enabled account-based marketing (ABM) company Demandbase has closed $65 million in funding. The investment was led by Sageview Capital, along with new investor Silver...

New York topped Silicon Valley in fintech venture financing in Q1 2016

New York received more financial technology ('fintech') venture financing than Silicon Valley, for the first time, during the first three months of this year,...

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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.