Tech Company Financing Transactions
evolutionQ Funding Round
evolutionQ, operating out of Kitchener ON, secured $5.5 million from Quantonation and The Group Ventures.
Transaction Overview
Company Name
Announced On
6/13/2022
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Quantonation (Lead Investor)
Proceeds Purpose
The company intends to use the funds to recruit top global talent and expand teams in Germany and Canada, advance product development, expand service offerings, and grow sales across Europe and North America.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
51 Breithaupt St. 100
Kitchener ON, N2H 5G5
Canada
Kitchener ON, N2H 5G5
Canada
Phone
Website
Email Address
Overview
Ensure your company's quantum-safe cyber security migration is progressive, sensible and orderly. evolutionQ offers a standard set of services proven to help. OpenQuantumSafe is the leading quantum-safe cryptography toolkit. Written in C with wrappers for C++, Go, Python and more. Contributors include Microsoft, Amazon, evolutionQ and the University of Waterloo.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michele Mosca
Chief Technical Officer
Norbert Lütkenhaus
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