Saturday, December 14, 2024

QC Ware: Raises $25M in Series B Financing

QC Ware Raises $25M in Series B Financing

  • QC Ware, a Palo Alto, Calif.-based developer of quantum algorithms running on near-term quantum computing hardware, raised $25m in Series B funding
  • The company intends to use the funds to expand the team to support the accelerated development of Forge™
  • QCWare is a quantum software and services company which specializes in the development of applications for near-term quantum computing hardware
  • Its network of customers includes AFRL, Aisin Group, Airbus, BMW Group, Equinor, Goldman Sachs, and Total
  • QCWare Forge, the company’s flagship quantum computing cloud service, is built for data scientists with no quantum computing background
  • The company supports its European customers through its subsidiary in Paris

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