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Persado Raises $15M

Persado has raised $15 million in Series A funding, led by Bain Capital Ventures. The company says it plans to use the capital to expand...

Rent The Runway Raises $20 Million

Rent the Runway, an online destination for dress and accessory rentals, has received a $20 million investment with all existing investors participating in the...

Dell Acquires AppAssure

Dell has acquired backup software technology company AppAssure. Terms of the transaction were not disclosed. AppAssure was founded in 2006 and is headquartered in Reston,...

Blip Secures Over $12 Million Financing

Blip, one of the Internet's largest independently owned and operated video networks, has secured over $12 million in venture capital from existing investors including...

Blackpoint raises $190M

Ellicot City, Md., and Boston, Ma.-based Blackpoint, a company providing security via managed service providers, has raised $190 million.

Recent posts

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.