TechTaffy

tech:

taffy

Yubico raises $30 million

By TechTaffy Desk

Yubico, a provider of authentication and encryption hardware, has raised 30 million. The round was raised from the company’s’ first institutional investors, including New Enterprise Associates (NEA), the Valley Fund, and Bure.

Currently, half of the privately held company is owned by the Yubico founders and team, with the remaining evenly split across US and Swedish investors. Existing investors include Marc Benioff, CEO of Salesforce, and Ram Shriram, Yubico chairman and Google founding board member.

[Image courtesy: Yubico]

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.