tech:

taffy

WaterSmart Raises $4.5M

WaterSmart Software, a customer engagement solutions company for water utilities, has closed a $4.5M Series A led by the Westly Group. Physic Ventures, Draper Fisher Jurvetson (DFJ), and Apsara Capital, also participated in the investments. WaterSmart says it plans to use the Series A funds to expand its sales and marketing teams.

Steve Westly will join the board of directors of WaterSmart, which includes Andy Donner from Physic Ventures, Gary Kremen, founder of Clean Power Finance and Match.com, Henri Lambert of Apsara Capital, and Peter Yolles, WaterSmart’s founder and CEO.

This is the WaterSmart’s third round of funding. The company, incubated by Menlo Incubator, also raised $900,000 in 2011 from Menlo Incubator, Sand Hill Angels, DFJ, and Physic Ventures; and $1.5M in 2012 from the same investors plus Apsara Capital.

[Image courtesy: WaterSmart]

Just in

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.