TechTaffy

tech:

taffy

WeWork acquires Meetup

By TechTaffy Desk

Coworking company WeWork has acquired Meetup, the social networking site that lets people with common interests meet up, for an undisclosed amount. Meetup CEO Scott Heiferman will continue to lead the company.

Meetup was founded in New York City about 15 years ago, and has roughly 35 million members. Every month, almost four million Meetup members RSVP for events being held in over 180 countries, according to a blog post by WeWork cofounder and CEO Adam Neumann.

You can find more information and a FAQ section on the acquisition at the Meetup website here.

[Image courtesy: WeWork]

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.