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Quintessencelabs Raises A$25 Million To Take Quantum Safe Cybersecurity Worldwide

Oct 26, 2021•almost 4 years ago

Canberra

Description

QuintessenceLabs, a pioneer and leader in quantum cybersecurity solutions, announced today that it has recently raised a A$25 million round of capital funding led by Main Sequence and TELUS Ventures, with participation from Mizuho Financial Group-backed InterValley Ventures and Terry Snow’s Capital Property Group. This investment underscores QuintessenceLabs’ commitment of providing quantum safe crypto solutions and services to support security communities worldwide. Main Sequence is Australia’s deep tech investment fund, founded by Australia’s national science agency, CSIRO. TELUS Ventures is the strategic investment arm of TELUS Corporation and one of Canada’s most active and longest-standing corporate venture capital (CVC) funds.

Company Information

Company

Quintessence Labs

Location

Canberra, Australian Capital Territory, Australia

About

QuintessenceLabs, a global leader in quantum cybersecurity, offers a suite of unrivaled cybersecurity solutions and services for today and tomorrow, including their flagship product the Trusted Security Foundation (TSF). The TSF is the industry’s most secure key management platform, incorporating the security of a FIPS 140-2 Level 3 hardware security module (HSM) with advanced key and policy management (KMS), and qStream, the world’s fastest quantum random number generator (QRNG), delivering the strongest foundation for encryption and data security. QuintessenceLabs continues in the advancement of quantum cybersecurity with their latest quantum-safe solution, qOptica Quantum Key Distribution (QKD). For more information on QuintessenceLabs, visit www.quintessencelabs.com, or follow the company on LinkedIn at https://www.linkedin.com/company/700055/admin/.

Company News

(9 articles)

Mon, 31 Mar 2025 07:00:00 GMT

Australian Government Leads QuintessenceLabs’ $20 Million (AUD) Investment Round - The Quantum Insider

Mon, 31 Mar 2025 07:00:00 GMT

Quantum outfit QuintessenceLabs lands $15m NRF boost - InnovationAus.com

Tue, 30 Apr 2024 07:00:00 GMT

QuintessenceLabs and Carahsoft Partner to Bring High-Performance Cybersecurity Solutions to Government Agencies - PR Newswire

Wed, 19 Jul 2017 04:56:15 GMT

QuintessenceLabs Raises $25 Million For Quantum-Safe Cybersecurity - The Quantum Insider

Tue, 25 Jul 2017 07:00:00 GMT

Department of Defence to invest $3.26m into quantum key research - SecurityBrief Australia

Mon, 21 Apr 2025 07:00:00 GMT

Asia-Pacific Post-Quantum Cryptography Market Outlook Report 2024-2034, with Focus on QuintessenceLabs, Toshiba, Fujitsu and Anhui Wentian Quantum Technology Co. - GlobeNewswire

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