Avalon Technologies has appointed Mark Horan as the company’s chief executive. Mr. Horan is a former Dell executive and a 35-year industry veteran, according to a statement from the company. Mr. Horan most recently served as vice president and general manager of Dell’s Preferred Accounts division for commercial and public sector customers.
Avalon appoints Mark Horan CEO
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.