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Classiq Expands Series B To $49M And Announces Japan And Europe Offices

Sep 20, 2022almost 3 years ago

Round Type

series b

Tel AvivSoftware

Description

Classiq, the leader in quantum computing software, announces today another significant expansion of its series B round to $49M by Canadian-Israeli VC Awz Ventures, from an initial closing of $36M by strategic investors—in the largest quantum software round to date.

Company Information

Company

Classiq

Location

Tel Aviv, Tel Aviv District, Israel

About

Classiq Technologies, the leading quantum software company, provides a high-level quantum development platform (IDE, compiler and OS) that automates quantum programming, allowing enterprises and researchers to build sophisticated quantum applications without requiring deep quantum expertise. The Classiq platform leverages proprietary algorithmic quantum circuit compilation technology to quickly synthesize quantum circuits with millions of gates enabling sophisticated quantum programs to scale effortlessly and run on any quantum computer. Classiq is at the forefront of enabling the quantum computing revolution.

FundzWatch™ Score

66
Medium Activity

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