TechTaffy

tech:

taffy

Spanish Social Games Developer Social Point Raises $7.4 Million

By TechTaffy Desk

[Techtaffy Newsdesk]

Social Point, a social games developer based in Barcelona, has closed a Series B financing round of $7.4 million led by Idinvest Partners, with participation from other funds including BBVA and existing investor Nauta Capital.

Founded in 2008 by Andrés Bou and Horacio Martos, co-CEOs of Social Point, and Marc Canaleta, CTO, Social Point has over 15 million monthly active users as of June 2012. The company launched a number of  social games on Facebook in the last 18 months, including Social Empires, Social Wars and Dragon City, accumulating over 13 million monthly active users.

Social Point completed a first round of financing in June 2011 with Nauta Capital for $3.4 million.

[Image Courtesy: Social Point]

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.