Rigetti raises $64M for quantum computing
Rigetti Computing, a developer of hardware and software for quantum computing, has raised $64 million in funding rounds led by Andreessen Horowitz and Vy Capital. Berkeley, Calif.-based Rigetti plans to use the money to hire people, build out its cloud-based quantum computing platform and invest in manufacturing infrastructure.
BuzzFeed considers IPO in 2018
Buzzfeed, the media site known for viral cat videos, celebrity news, and the occasional news scoop, is considering going public in 2018, according to an Axios report citing industry sources. To date, the New York-based company has raised about $446 million in venture and growth financing.
Unicorns hungriest after turning three
Unicorn startups have a history of growth through acquisitions. But when do they start buying? A Crunchbase News analysis of unicorn acquisition habits shows that most do not implement an M&A strategy until three years after founding. They make the most acquisitions between years three and seven.
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