TechTaffy

tech:

taffy

Cisco announces changes to its executive leadership team

By TechTaffy Desk

Cisco has announced changes to its executive leadership team. Rebecca Jacoby, senior vice president of Operations, will be retiring. She will continue on as an advisor until end of May, says the networking giant.

Cisco senior vice president of Asia Pacific and Japan Irving Tan will take on the newly created role of senior vice president of Operations and Digital. In this expanded role, Mr. Tan will be responsible for Cisco’s digital transformation across the company in partnership with Sales, Engineering and other functions.

Executive vice president of Worldwide Sales and Field Operations, Chris Dedicoat, will be leaving the company at the end of the current fiscal year on July 28, 2018, and will transition to a senior advisory role to Cisco chairman and CEO, Chuck Robbins.

[Image courtesy: Cisco]

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.