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OTA Insight raises $20 million

London-based OTA Insight, a company that offers a cloud-based data intelligence platform for the hospitality industry, has raised $20 million.

Magdalena Yesil has joined the Zuora board

Magdalena Yesil, founder of Broadway Angels and the founding board member and first investor in Salesforce, has joined the Zuora board of directors. Her...

Orbital Insight Raises $20M Series B round led by GV

Geospatial big data company Orbital Insight has raised $15 million in a Series B round led by GV (formerly Google Ventures), with participation from CME Ventures,...

Cloud HPC simulation company Rescale raises $14 million

Rescale, a cloud platform provider of simulation software and high performance computing (HPC) solutions, has secured $14 million in Series A funding. The investment was led by TransLink...

VC Investment In IoT Companies Continues To soar

By Mary Ann Azevedo While the Internet of Things (IoT) is still a growing field, it’s clear that venture capitalists are increasingly taking notice and...

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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.