Tech Company Financing Transactions

Strangeworks Funding Round

On 3/24/2023, Strangeworks announced $24 million in Series A funding from Hitachi Ventures, IBM Ventures and Ecliptic Capital.

Transaction Overview

Company Name
Announced On
3/24/2023
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to expand its core team by 40% in Q4 2022 and to offer a wider range of technologies beyond quantum computing, including quantum-inspired, performance computing, and artificial intelligence.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
2922 East Cesar Chavez
Austin, TX 78702
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Strangeworks is an unconventional computing software company based in Austin, TX. Founded by CEO whurley, Strangeworks is currently making quantum computing accessible by building and delivering tools for software developers and researchers, and systems management for IT Administrators and CIOs.
Profile
Strangeworks LinkedIn Company Profile
Social Media
Strangeworks Company Twitter Account
Company News
Strangeworks News
Facebook
Strangeworks on Facebook
YouTube
Strangeworks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
William Hurley
  William Hurley LinkedIn Profile  William Hurley Twitter Account  William Hurley News  William Hurley on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/24/2023: Wilderness Labs venture capital transaction
Next: 3/24/2023: XXII venture capital transaction

 

Share this article

 


News on VC Transactions

Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary