TechTaffy

tech:

taffy

Vodafone Gets Aboard The Emerald Express To Iceland

By TechTaffy Desk

vodafone_emerland_iceland

Emerald Networks and Vodafone Iceland have signed a contract to bring services to the country. Vodafone is the first Icelandic company to sign a contract with Emerald Networks.

The capacity is on the new Emerald Networks submarine cable system Emerald Express, a system connecting North America to Europe, with a branch to Iceland. The cable landing station in Iceland is in the vicinity of Grindavik, and Emerald will provide backhaul to Reykjavik and on the Reykjanes Peninsula.  

The system is scheduled to be ready for service in Q3 2014, and Vodafone Iceland plans on using it for communications for at least the next 15 years.

The Emerald Express Cable system is based on an open-network architecture platform that is agnostic and enables upgrades with different technologies, according to the company.

Icelandic investment company Thule Investments manages financing of the project in Iceland.

[Image courtesy: Emerald Networks]

Just in

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.