Quantum software builder 1QBit raises $45 mln in Series B
Quantum software company 1QB Information Technologies Inc has raised $45 million in a Series B financing comprised of equity and revenue contracts. Japan's Fujitsu Ltd led the round. It was joined by Accenture, Allianz, Royal Bank of Scotland and CME Ventures. Founded in 2012 by CEO Andrew Fursman, President Landon Downs, and Head of Research Phil Goddard, Vancouver-based 1QB said it will use the funds raised to continue building its hardware-agnostic software platform and services. The company's technology is used to enable the development of applications which scale alongside advances in classical and quantum computers.
28 November 2017•4 mins read
