QC Ware
Company

Last deal

$25.M

Amount

Venture - Series Unknown

Stage

29.09.2021

Date

6

all rounds

$41.4M

Total amount

General

About Company
QC Ware Corp. is a quantum computing software company that aims to provide performance speed-ups on near-term hardware.

Industry

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Also Known As

Aerovar

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Founded in 2014, QC Ware is based in Palo Alto, California, with additional offices in Paris and plans to open an office in Tokyo in 2020. The company has raised significant funding, including $6.5 million in Series A funding from investors such as Citigroup and Goldman Sachs Principal Strategic Investments. QC Ware focuses on five key areas, including chemistry simulation, optimization, machine learning, differential equations, and Monte Carlo methods. Their software is designed for D-Wave's machine and targets a specific subset of optimization problems known as binary integer programming.
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