TechTaffy

tech:

taffy

Zoom to acquire Workvivo

By TechTaffy Desk

Zoom is acquiring Workvivo, a startup aimed at enhancing corporate communication and culture. The transaction is expected to close in Q1 FY2024. Terms of the transaction were not disclosed.

Following the close of the transaction, Zoom plans to incorporate Workvivo’s capabilities into its platform. Workvivos’ founders John Goulding and Joe Lennon, and the entire Workvivo team are expected to be joining Zoom.

Workvivo was founded in 2017. The company has over 100 employees, and presence in Ireland, the UK and USA. Workvivo customers include Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts according to the company.

[Image courtesy: Workvivo]

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.