InsightSquared Raises $13.5M Series C Round

InsightSquared, a company that provides business intelligence software as a service (SaaS), has raised $13.5 million in a Series C round of financing.

Existing investors Atlas Ventures, Draper Fisher Jurvetson, and NextView Ventures participated in the round, along with new investor Two Sigma Ventures.

Now employing over 100 individuals at its Cambridge, MA headquarters, the company says it will use the funds to expand its operations in 2015, while launching new products and integrating with more data providers, among other things.

[Image courtesy: InsightSquared]

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

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. 

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.

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. 

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.