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InnRoad Completes $5.8M Series B Financing

InnRoad, a SaaS solution for hotel property management has secured $5.8 million in a Series B financing. Blue Heron Capital and Rose Park Advisors...

Venture Capital Investments Sector To ‘Go Global’

Venture capital investment trends will make a major shift by 2015 as investors are looking outside their home borders-increasing their focus on ventures in China and India,...

Broadcom To Acquire BroadLight

Broadcom has signed a definitive agreement to acquire BroadLight, a Delaware corporation with an Israel-based subsidiary. In connection with the acquisition, Broadcom currently expects to pay approximately $195 million, net of cash...

Road Ahead For ‘Trustworthy Computing’

At the RSA Conference 2012, currently being held in San Francisco, Scott Charney, corporate vice president of Microsoft Trustworthy Computing, detailed the road ahead...

Venture Capital Investment In Europe Fell In 2011

Venture capitalists put €4.4 billion into 1,012 deals for European companies in 2011, a 14 per cent decline in investment and 19 per cent...

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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.