Infleqtion to go public through merger with Churchill Capital X (NASDAQ: CCCX)
Infleqtion to go public through merger with Churchill Capital X (NASDAQ: CCCX)

Infleqtion, a global leader in neutral atom–based quantum technology, and Churchill Capital Corp X (NASDAQ: CCCX), a publicly traded special purpose acquisition company, announced they have entered into a definitive business combination agreement, with the aim to accelerate Infleqtion’s mission to commercialize quantum products that provide orders of magnitude improvement in computing and precision sensing applications. Upon closing, the combined company will operate as Infleqtion and is expected to be listed on a leading North American exchange under the ticker “INFQ.”

Learn more about Infleqtion at: https://infleqtion.com/investors/

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Infleqtion Raises $100M to Scale Atom-Based Quantum Solutions for National Security and Next Generation Intelligent Systems
Infleqtion Raises $100M to Scale Atom-Based Quantum Solutions for National Security and Next Generation Intelligent Systems

Infleqtion, the only company actively commercializing atom-based quantum systems across computing, sensing, and precision timing, announced a $100 million Series C funding round backed by new, existing, and strategic investors, including Glynn Capital, Counterpoint Global (Morgan Stanley), S32, SAIC and others. Having generated almost $30 million in revenue last year and backed by a customer pipeline topping $200 million, Infleqtion will use this investment to scale its atom-based quantum platforms and accelerate deployment of field-ready quantum systems that address today’s most demanding real-world challenges.

Learn more about Infleqtion at https://www.infleqtion.com/

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STITCH ANNOUNCES $55 MILLION SERIES B FUNDING ROUND TO BOLSTER END-TO-END ENTERPRISE PAYMENTS INFRASTRUCTURE OFFERING
STITCH ANNOUNCES $55 MILLION SERIES B FUNDING ROUND TO BOLSTER END-TO-END ENTERPRISE PAYMENTS INFRASTRUCTURE OFFERING

South Africa-based payments infrastructure company Stitch has announced a $55 million Series B funding round led by QED Investors, enabling the fast-growing team to deepen and expand its in-person payments offering, move into the acquiring space and further bolster its online payments suite, to better serve enterprise merchants across all payments needs. This round brings its total funding to $107 million in four years.

Learn more about Stitch at https://www.stitch.money/

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Yurts Secures $40M In Series B Funding To Accelerate Growth for Mission-Critical Defense, Government, and Enterprise Systems
Yurts Secures $40M In Series B Funding To Accelerate Growth for Mission-Critical Defense, Government, and Enterprise Systems

Glynn Capital is excited to welcome Yurts to our portfolio!

Yurts is a GenAI-enabled enterprise information management system that allows customers to search and query internal information across multiple systems of record and build agentic workflows; in essence, users can ‘chat’ with a company’s entire data archive using natural language queries and build a repeatable workflow around it. We are proud to partner with Yurts.

Read the full announcement here: Yurts raises $40 million to be the DoD’s AI Chatbot  | TechCrunch

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SuperAnnotate raises $36M Series B
SuperAnnotate raises $36M Series B

SuperAnnotate Raises $36M Series B Funding

To help enterprises with infrastructure to create high-quality AI data.

As generative AI evolves, so does the demand for better, smarter enterprise data solutions. Today's funding boosts capacity to enhance its multimodal data offerings—the building block for enterprises to build intelligent AI systems. The future of AI starts with the right data, and SuperAnnotate is here to be the data partner you can count on.

Learn more about SuperAnnotate here: https://www.superannotate.com/

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Augment Raises $227 Million Series B
Augment Raises $227 Million Series B

Glynn Capital is thrilled to welcome Augment Code to our portfolio!

Headquartered in Palo Alto, California, Augment Code offers solutions that help boost productivity and streamline development for their customers’ product innovation workflows.

Providing opportunities to maximize the efficiency and effectiveness of research and development spend is one of the most promising segments in AI and we believe Augment has constructed one of the more talented technical teams to address it.

Learn more about Augment Code here: https://www.augmentcode.com/

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QA Wolf Raises $36 Million Series B
QA Wolf Raises $36 Million Series B

Glynn Capital is excited to welcome QA Wolf to our portfolio!

Based in Seattle, Washington, QA Wolf is a comprehensive software testing solution designed to help teams achieve 80% end-to-end test coverage within four months. By automating the testing process, QA Wolf allows teams to focus on shipping high-quality software faster and more efficiently.

The company is primed to utilize its proprietary data stores and newly released suite of  AI functionality to further accelerate its market leading base of business.

Learn more about QA Wolf here: https://www.qawolf.com/

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Glynn Capital Welcomes SuperAnnotate to the portfolio
Glynn Capital Welcomes SuperAnnotate to the portfolio

SuperAnnotate is the leading platform for building, fine-tuning, iterating, and managing AI models faster with the highest-quality training data. With advanced annotation and QA tools, data curation, automation features, native integrations, and data governance, it enables enterprises to build datasets and successful ML pipelines. Partner with SuperAnnotate’s expert and professionally managed annotation workforce that can help quickly deliver high-quality data for building top-performing models.  Explore more here.

 

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Glynn Capital welcomes Snyk to the portfolio
Glynn Capital welcomes Snyk to the portfolio

Snyk is the leader in developer security. It empowers the world’s developers to build secure applications and equip security teams to meet the demands of the digital world. Its developer-first approach ensures organizations can secure all of the critical components of its applications from code to cloud, leading to increased developer productivity, revenue growth, customer satisfaction, cost savings and an overall improved security posture.  Explore more here.

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Klaviyo Announces Pricing of Initial Public Offering
Klaviyo Announces Pricing of Initial Public Offering

Klaviyo, Inc. (“Klaviyo”), (NYSE: KVYO), the company that powers smarter digital relationships, today announced the pricing of its initial public offering of 19,200,000 shares of its Series A common stock at an initial public offering price of $30.00 per share. The offering consists of 11,507,693 shares of Series A common stock offered by Klaviyo and 7,692,307 shares of Series A common stock to be sold by certain of Klaviyo’s existing stockholders.

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Chronosphere Raises $115M in Additional Series C Funding at a $1.6 Billion Valuation
Chronosphere Raises $115M in Additional Series C Funding at a $1.6 Billion Valuation

The market for cloud native observability tools remains hot. As with so many new technologies, containerization solved a fair number of problems but also introduced its share of new ones, including a lot of added complexity that is, in part, driven by the dynamic nature of this architecture. That’s both its strength and downfall, so it’s maybe no surprise that tools for monitoring these systems are so important — and well-funded.

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