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Ajei Gopal Joins Silver Lake As Operating Partner

Ajei Gopal has joined Silver Lake as an operating partner based in New York. Mr. Gopal joined the firm’s Value Creation Team and will work...

IBM Announces Watson Case Competition Winners

Cornell University and IBM have announced the winners of the second Watson Academic Case Competition. Similar to the case competition hosted at The University of Rochester...

23andMe Buys Its First Company

Personal genetics company 23andMe has purchased CureTogether. Specific terms of the transaction were not disclosed. This is the company's first acquisition. 23andMe's Personal Genome Service enables...

Gilt Groupe Appoints Elizabeth Francis As Chief Marketing Officer

Gilt Groupe has appointed Elizabeth Francis as chief marketing officer (CMO). Ms. Francis joins the company this week and will report to Kevin Ryan,...

Barclays appoints Riaz Ladhabhoy as co-head of Internet Banking, Americas

Barclays has appointed Riaz Ladhabhoy as a managing director and co-head of Internet Banking, Americas in the Technology Banking Group.

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.