Follow the latest coverage, related explainers and connected technology stories.
IonQ has signed an agreement to acquire least-privilege access company Elisity in an all-stock deal valued at up to $1.3 billion. The companies intend to integrate cryptographic risk data with the IdentityGraph platform to help organizations prioritize the transition to post-quantum cryptography.
BAG Ventures closed its first $11.3 million fund to invest in artificial intelligence startups, focusing on products that demonstrate economic viability and embed themselves deeply in enterprise workflows. The fund aims to have already financed 10 companies, including SXD, BizTrip, and Nomadic, with new investments ranging from $100,000 to $500,000.
Cloudflare announced that the Cloudflare for Government platform has achieved FedRAMP Class D (High) authorization, designated for the most sensitive unclassified U.S. government data. The company also revealed that the systems it developed for this level will serve as the foundation for its pursuit of Impact Level 4 authorization from the U.S. Department of Defense.