TechTaffy

tech:

taffy

Alight raises $11 million

By TechTaffy Desk

San Franciso, California-based Alight has closed a Series A funding round of $11 million from Caterpillar Venture Capital and a consortium of noted Bay Area tech investors, led by Alight chairman, Steven Berger.

Alight provides enterprise-class applications for real-time, dynamic scenario comparison and analysis. The company has solutions for mining and pharma, and says it plans to expand into new industries, including the addition of two new verticals in 2017, with pharma slated for Q3.

[Image courtesy: Alight]

Just in

Around the web

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 
Around the web

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.
IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.