NinjaOne, an endpoint management startup, raised $500 million to enhance its services and pursue acquisitions. Quantum Machines raised $170 million to innovate in quantum computing; Zhipu AI secured $137 million for model development, and Vermillio raised $16 million to support AI content protection. These funding milestones reflect a booming interest in AI and tech innovations.
NinjaOne, a Texas-based automated endpoint management provider, has successfully raised $500 million, catapulting its valuation to $5 billion. The funding came through separate Series C extensions, led by Iconiq Growth and CapitalG, the investment branch of Google’s parent company, Alphabet, along with other private investors. This investment will aid in their acquisition of Dropsuite and advance research in autonomous patching and vulnerability remediation.
With over 24,000 customers, including tech giants like Nvidia and Porsche, NinjaOne is committed to innovation in endpoint management. CEO Sal Sferlazza emphasized the goal of simplifying patch management, expanding into AI and IT security use cases. The company is positioning itself at the forefront of IT solutions, enhancing workplace experiences.
In a different Quadrant of innovation, Israeli startup Quantum Machines raised $170 million in a Series C round highlighting a new era in quantum computing. Spearheaded by PSG Equity, the funding reflects growing enthusiasm in the field, particularly as major companies unveil advanced quantum chips. Quantum Machines aims to bridge classical computing with quantum tech, making it more accessible and efficient.
Meanwhile, Alibaba-backed Zhipu AI has garnered over 1 billion yuan ($137 million) to develop its foundation model, GLM. Led by local government-linked investors, the funds will contribute to releasing open-source models by 2025, bolstered by China’s burgeoning startup scene in AI, notably from competitors like DeepSeek.
On another note, Vermillio, an AI licensing platform from Chicago, attracted $16 million in Series A funding, led by Sony Music and DNS Capital. Their innovative TraceID tool allows tracking of content used in AI applications, fostering responsible creation and ensuring that artists and creators can protect their works all while monetizing their contributions in the age of generative AI.
In summary, the recent surge in funding for AI and tech startups illustrates an exciting transformation in the industry. NinjaOne’s impressive funding will enhance endpoint management solutions, while Quantum Machines is positioning itself at the cutting edge of quantum technology. Zhipu AI and Vermillio also highlight the rapid expansion and innovation within the AI landscape, with unique approaches to both foundational models and content protection.
Original Source: www.pymnts.com
