TechTaffy

tech:

taffy

L3 appoints former Apple VP Rita Lane to its board

By TechTaffy Desk

L3 Technologies has appointed Rita Lane to its board. Ms. Lane, 55, is an accomplished engineer with more than two decades of experience in the technology sector.

From July 2008 to January 2014, she served as vice president of Operations at Apple. Prior to that, she was senior vice president, Integrated Supply Chain, and before that, she was chief procurement officer at Motorola.

Ms. Lane started her career as an engineer with IBM, where she enjoyed a 14-year tenure within the company’s Systems & Personal Computer division and rose to vice president, Integrated Supply Chain. Earlier in her career, she served five years in the U.S. Air Force working in space launch.

A distinguished graduate of the U.S. Air Force Academy with a Bachelor of Science degree in Electrical Engineering, Ms. Lane earned a Master of Science degree in Electrical Engineering from Purdue University and a Master of Business Administration from the University of California, Berkeley.

Ms. Lane is a current member of the board at Philips Lighting and Sanmina.

[Image courtesy: L3]

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.