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Home Fintech

Spire Quantum secures $100 million in funding.

by International Business Today
September 20, 2022
in Fintech
Reading Time: 1 min read
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Spire Quantum
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Spire Quantum, a quantum services platform, announced today that it has raised $100 million in Series A funding. Investors in this round prefer to remain anonymous, and according to Spire Quantum, they include two of the largest and globally recognized US family offices, as well as one of the most influential cryptocurrency investors in the world. With the funding, Spire Quantum will meet the growing profitability and security needs of its customers with a library of quantum algorithms and quantum security tools.

Erik Hensen, CEO of Spire Quantum, said: “This round of funding advances our leadership in quantum computing and we are proud of our Quantum Algorithms, which have entered a new wave of quantum algorithm libraries where automation and security are key elements in meeting the needs of quantum algorithm libraries. This funding will help drive Spire Quantum into a new phase of growth as we continue to revolutionize the quantum computing space.

Among Spire Quantum’s current clients are many large financial institutions. “Spire Quantum’s technology has unlimited potential” said Dave DeWalt, founder and Managing Director of NightDragon. “Spire Quantum’s core technology is playing a leading role in driving the quantum technology revolution and its groundbreaking quantum applications have enormous potential and we look forward to participating in this new phase of Spire Quantum’s growth.”

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