Aliro Technologies

Boston, United States Founded: 2019 • Age: 7 yrs
Provider of cloud-based platform to access quantum computers
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About Aliro Technologies

Aliro Technologies is a company based in Boston (United States) founded in 2019 by Will Finigan and Michael Cubeddu.. Aliro Technologies has raised $2.7 million across 2 funding rounds from investors including Accenture, Cisco Investments and Leaders Fund. The company has 19 employees as of December 31, 2023. Aliro Technologies offers products and services including Aliro Orchestrator, AliroNet Quickstart, AliroNet, and Aliro Simulator. Aliro Technologies operates in a competitive market with competitors including Terra Quantum, Quantagonia, QMill, QuantumLeap and Black Brane, among others.

  • Headquarter Boston, United States
  • Employees 19 as on 31 Dec, 2023
  • Founders Will Finigan, Michael Cubeddu
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aliro Technologies, Inc.
Operational Areas
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.7 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Accenture

    & 5 more

  • Employee Count
    19

    as on Dec 31, 2023

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Products & Services of Aliro Technologies

Aliro Technologies offers a comprehensive portfolio of products and services, including Aliro Orchestrator, AliroNet Quickstart, AliroNet, and Aliro Simulator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages entanglement-based quantum networks for secure data processing.

Enables quick setup for quantum key distribution and processor networking.

Facilitates connectivity for distributed quantum sensors and secure communications.

Simulates quantum networks for testing security and performance applications.

People of Aliro Technologies
Headcount 10-50
Employee Profiles 11
Board Members and Advisors 1
Employee Profiles
People
Michael Wood
CMO
People
Michael Cubeddu
Founder, R&D
People
Jim Ricotta
CEO & Chairman
People
Prineha Narang
Founder, CTO

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Board Members and Advisors
people
Nidhi Aggarwal
Board Member

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Funding Insights of Aliro Technologies

Aliro Technologies has successfully raised a total of $2.7M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (18 Sep 2019)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Series A - Aliro Technologies Valuation Leaders Fund , Accenture
Sep, 2019 Amount Seed - Aliro Technologies Valuation Flybridge Capital Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aliro Technologies

Aliro Technologies has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Accenture, Cisco Investments and Leaders Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in tech startups are made by Leaders Fund.
Founded Year Domain Location
Technology investments and expertise in networking, cloud, and security services.
Founded Year Domain Location
Venture capital fund investing in early-stage tech startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aliro Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aliro Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aliro Technologies Comparisons

Employees
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Competitors of Aliro Technologies

Aliro Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Terra Quantum, Quantagonia, QMill, QuantumLeap and Black Brane, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of quantum as a service platform
domain founded_year HQ Location
Developer of a cloud and AI-powered quantum computing platform as a service
domain founded_year HQ Location
Provider of quantum computing solutions
domain founded_year HQ Location
An open-source platform for quantum computing services is offered.
domain founded_year HQ Location
Virtual quantum computers are developed and provided by Black Brane.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aliro Technologies

Frequently Asked Questions about Aliro Technologies

When was Aliro Technologies founded?

Aliro Technologies was founded in 2019.

Where is Aliro Technologies located?

Aliro Technologies is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Aliro Technologies a funded company?

Aliro Technologies is a funded company, having raised a total of $2.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.7M, raised on Sep 18, 2019.

How many employees does Aliro Technologies have?

As of Dec 31, 2023, the latest employee count at Aliro Technologies is 19.

What does Aliro Technologies do?

Aliro Technologies was founded in 2019 and is based in Boston, United States. Access to quantum computing hardware is enabled through a cloud-based development platform. Multiple vendors devices, debugging tools, and programming languages are integrated to support the creation of quantum algorithms and applications. Operations center on the quantum computing sector, facilitating algorithm development for various users.

Who are the top competitors of Aliro Technologies?

Aliro Technologies's top competitors include Terra Quantum, QMill and Quantagonia.

What products or services does Aliro Technologies offer?

Aliro Technologies offers Aliro Orchestrator, AliroNet Quickstart, AliroNet, and Aliro Simulator.

Who are Aliro Technologies's investors?

Aliro Technologies has 6 investors. Key investors include Accenture, Cisco Investments, Leaders Fund, Samsung NEXT, and Crosslink Capital.

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