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Point One Navigation raises $10M

By TechTaffy Desk

San Francisco, Calif.-based precision location technology company Point One Navigation has raised a $10 million Series A round of funding.

The investment was led by UP.Partners, with participation from existing investors Bolt, IA Ventures and Ludlow Ventures.

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Series B

ArmorCode raises $40M

Palo Alto, Calif.-based ArmorCode, a company specializing in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), has raised a $40 million Series B funding round.
Industry

IBM unveils Heron processor and Quantum System Two

IBM unveiled the Quantum Heron processor at the company's annual Quantum Summit in New York on Monday, along with Quantum System Two, a modular quantum computer featuring three IBM Heron processors. 
Around the web

Microsoft joins OpenAI’s board with Sam Altman officially back as CEO — The Verge

Sam Altman is officially OpenAI’s CEO again, writes Alex Heath. 
IT

ServiceNow, AWS announce strategic collaboration

ServiceNow and Amazon Web Services (AWS) have entered into a five-year Strategic Collaboration Agreement (SCA).
IT

AWS, Salesforce expand strategic partnership

Amazon Web Services (AWS) and Salesforce announced an expansion of their global strategic partnership, deepening product integrations across data and artificial intelligence (AI), and for the first time offering select Salesforce products on the AWS Marketplace.