Slide, the modern, security-first Business Continuity and Disaster Recovery (BCDR) platform built exclusively for Managed Service Providers (MSPs), today announced it has raised $70 million in Series B funding led by General Catalyst, with participation from Base10, Outsiders Fund, futurepresent, Vine Ventures, Glynn Capital Management, Benchstrength, Top Down Ventures, and Connecticut Innovations.
Read MoreInfleqtion, a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today became a publicly listed company trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “INFQ” following the completion of its previously announced business combination with Churchill Capital Corp X (“Churchill X”), a publicly traded special purpose acquisition company.
Read MoreAs enterprises increasingly rely on AI to run digital operations, protect assets, and drive growth, success depends on one critical factor: trusted, high-quality, real-time data. Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced it has completed its acquisition of Chronosphere addressing a core challenge of the AI era: the inability to see and secure the massive data volumes running modern businesses.
Read MoreEthos, a leading life insurance technology company on a mission to democratize access to life insurance, today announced the pricing of its initial public offering of 10,526,315 shares of its Class A common stock, with 5,127,696 shares of Class A common stock being offered by Ethos and 5,398,619 shares of Class A common stock being offered by certain of Ethos’ existing stockholders named in the prospectus, at an initial public offering price of $19.00 per share. Ethos will not receive any of the proceeds from the sale of the shares by the selling stockholders.
Read MoreForterra, the company redefining autonomy and mission system interoperability for defense and logistics, today announced it closed a $238 million Series C in equity and debt. The round was led by Moore Strategic Ventures, joined by new investors including Salesforce Ventures, Franklin Templeton, Balyasny Asset Management, 645 Ventures, Hanwha Asset Management, 9Yards Capital and NightDragon, alongside participation from existing investors XYZ Venture Capital, Hedosophia, and Enlightenment Capital. Doubling down on their investment into Forterra, Crescent Cove provided both equity and debt, showing continued support since Forterra’s Series A in 2021.
Read MoreInfleqtion, 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/
Read MoreInfleqtion, 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/
Read MoreSouth 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/
Read MoreGlynn 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
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/
Read MoreGlynn 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/
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/
We are excited to announce that Elena Deslongchamps is the newest addition to our firm and will serve as an Analyst on the Private Investments team. We are thrilled to have Elena join us at Glynn Capital!
Read MoreWe are delighted to announce that Stacey Monteiro Leanos has joined Glynn Capital as a Partner – Fundraising & Investor Relations. She will focus on both private and public markets capital formation efforts. We are thrilled to have Stacey join our team!
Read MoreCelebrating Glynn Capital-backed OpenGov Inc. for this milestone! The entire team at OpenGov Inc. is on a mission to power more effective and accountable government. It will be able to make an even greater impact on the nation’s local governments with this investment from Cox Enterprises. Congrats to the entire OpenGov Inc. team! Learn more here.
Read MoreCongratulations to Glynn Capital-backed Resident who announced that Ashley Global Retail will acquire Resident. The transaction provides Resident, a leading digital retailer and wholesaler of mattresses and bedding accessories, with an opportunity to expand its home furnishings assortment and global footprint. Explore more here.
Read MoreSuperAnnotate 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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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.
Read MoreKlaviyo, 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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