TechTaffy

tech:

taffy

Vyatta Secures $12 Million in Funding

By TechTaffy Desk

Vyatta has completed a funding round of $12 million led by HighBAR Partners. Existing investors JPMorgan, Arrowpath Venture Partners and Citrix Systems also participated in the round. Vyatta will use the growth capital to scale its sales and engineering efforts to support its global leadership role in cloud networking and security.

Vyatta is into enterprise software, delivering a software-based network operating system that is portable to standard x86 hardware as well as common virtualization and cloud computing platforms. The $12 million round of funding brings Vyatta’s total funding to more than $45 million.

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.