Quantum Machines Raises $50M To Make Quantum Computers Ubiquitous And Disruptive Across All Industries
Quantum Machines Raises $50M To Make Quantum Computers Ubiquitous And Disruptive Across All Industries
09/06/21, 11:09 AM
Location
tel avivMoney raised
$50 million
Quantum Machines, creator of the Quantum Orchestration Platform, announced today that it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution. The latest round was led by Red Dot Capital Partners with the participation of Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management LP, and joined by TLV Partners, Battery Ventures, 2i Ventures, an affiliate of Altshuler Shaham as well as other existing investors. Yaniv Stern, Managing Partner at Red Dot Capital Partners, will join Quantum Machines' board of directors.
Company Info
Location
tel aviv, tel aviv district, israel
Additional Info
QM's full-stack Quantum Orchestration Platform enables an entirely new approach to controlling and operating quantum processors. Capable of running even the most complex algorithms – from near-term applications of quantum computers to challenges of quantum-error-correction – the Quantum Orchestration Platform allows users to realize the potential of all quantum processors right out of the box via its powerful, yet intuitive, programming language QUA.
Media Contact:Lazer Cohen[email protected] +1347-753-8256
SOURCE Quantum Machines