Proxima, a data intelligence software company founded by Alex Song, a former Goldman Sachs employee, has announced the closing of a $12 million Series A funding round.
Cognitive computing company Digital Reasoning has raised $40 million in Series D funding. The funding was led by Lemhi Ventures and Nasdaq, joined by existing investors Goldman Sachs and HCA. Tony Miller, managing partner at Lemhi Ventures, will join Digital Reasoning’s board as a director, and Adena Friedman, president and COO at Nasdaq, as observer.
Nimble Storage announced the pricing of its initial public offering of 8 million shares of its common stock at $21.00 per share, for a total take of $168 million. Goldman Sachs and Morgan Stanley are acting as lead joint bookrunners for the offering.
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.
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 Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.