IQM to Provide 300-Qubit Quantum Computer to Finland
IQM Quantum Computers, one of the global leaders in superconducting quantum computers, announced on May 20th the signing of an agreement with VTT Technical Research Centre in Finland to deliver a 150-qubit and a 300-qubit quantum computer. The systems will be delivered in 2026 and 2027 and integrated with the Finnish HPC infrastructure. The 300-qubit […]
Bregal Milestone and Ridango Acquire uTrack Software Solutions
Bregal Milestone, a leading European software growth private equity firm, has recently shared that, since announcing its strategic growth investment in Swedish global provider of mission-critical public transportation software Ridango AS last month, it has also agreed to acquire uTrack Software Solutions (“uTrack”). Founded in 2011 by Eamonn Hughes and Conor Gildea, uTrack is a […]
Tekion raises USD 200Mln from Dragoneer Investment Group
Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, yesterday announced that it has secured $200 million in growth equity capital from Dragoneer Investment Group. This financing round sets Tekion’s valuation above $4 billion. Tekion plans to invest the capital to expand its product offering for dealer partners and OEMs, accelerate […]
Rainforest secures USD 20Mln in series A funding
Rainforest, a payment provider purpose-built for software platforms, yesterday announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners. Additional participating investors include Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners – all of whom participated in the company’s seed round announced in 2023. The fresh capital brings Rainforest’s total funding to $31.75 […]
Evolent to acquire AI-powered platform, Machinify Auth App, from Machinify
Evolent Health, Inc. (“Evolent” or “the Company”), a company focused on achieving better health outcomes for people with complex conditions, today announced it has entered into an agreement to acquire certain assets of Machinify and the exclusive, perpetual and royalty-free license of Machinify Auth, a proven software platform that leverages the latest advances in artificial intelligence […]
Schneider Electric collaborates with Intel and Red Hat
Schneider Electric, the leader in the digital transformation of energy management and automation, in collaboration with the technology companies Intel and Red Hat, today announced the release of a Distributed Control Node (DCN) software framework. An extension of Schneider Electric’s EcoStruxure™ Automation Expert, this new framework enables industrial companies to move to a software-defined, plug-and-produce solution, […]
Jabil announces collaboration with Fintech Leader Revolut
Jabil Inc. yesterday announced ongoing innovation between its payment solutions business unit and Revolut, a digital banking pioneer and global financial super app provider, to support the neobank’s rapid growth trajectory and global expansion in merchant acquiring. Jabil’s custom, pre-certified Point-of-Sale (POS) hardware platform, as well as other retail automation technologies transforming digital commerce, will be […]
Intel and DigitalBridge announces the launch of Articul8
Intel Corp. and DigitalBridge Group, Inc., a global investment firm, yesterday announced the formation of Articul8 AI, Inc. (Articul8), an independent company offering enterprise customers a full-stack, vertically-optimized and secure generative artificial intelligence (GenAI) software platform. The platform delivers AI capabilities that keep customer data, training and inference within the enterprise security perimeter. The platform […]
Superfiliate raises USD 3M funds to transform affiliate shopping experiences
Superfiliate, a software platform supercharging brands word of mouth marketing channels through co-branded landing pages across their best customers, influencers, ambassadors, and affiliates, yesterday announced the closing of a $3 million seed funding round led by Hawke Ventures and Vanterra Ventures, with participation from R2 Ventures, Revolution’s Rise of the Rest Seed Fund, Sandbox Studio Investments, Nik Sharma of Sharma Brands, Ben […]
