Tech Company Financing Transactions
D-Wave Quantum Funding Round
D-Wave Quantum closed a $30 million financing round on 5/16/2017. Investors included PSP Investments.
Transaction Overview
Company Name
Announced On
5/16/2017
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This (financing) sets us up to deploy the next-generation of our technology, which will be more powerful. Part of the new financing will also go toward building software tools to help people use the quantum computer more easily.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2650 East Bayshore Road
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Website
Email Address
Overview
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. It is the world's first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave's mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap� quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alan Baratz
Chief Financial Officer
John Markovich
Chief Information Officer
Stan Black
Chief Scientific Officer
Eric Ladizinsky
Chief Scientific Officer
Robert Schoelkopf
Vice President
Jack Sears
VP - Bus. Development
Trevor Lanting
VP - General Counsel
Diane Nguyen
VP - Human Resources
Sophie Ames
VP - Marketing
Michelle Maggs
VP - Regulatory Affairs
Allison Schwartz
VP - Sales
Lorenzo Martinelli
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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