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ShieldX closes $25 million Series B round

Cloud-security company ShieldX Networks has closed a $25 million Series B round of funding from Ashar Aziz (founder of FireEye), Dimension Data, and Symantec...

Redis Labs raises $44 million

In-memory database platform company Redis Labs has raised $44 million in Series D funding. The investment was led by Goldman Sachs, with existing investors...

Customer data platform mParticle raises $17.5 million

Multi-screen customer data platform mParticle has closed a Series B funding round of $17.5 million, led by Bain Capital Ventures along with existing investor...

Hireology raises $12M in Series C funding

Hireology, a provider of employee selection management technology, has closed a $12 million Series C round. The financing was led by Baird Capital. Existing investors Bain Capital...

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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.