QC Ware

Palo Alto, United States Founded: 2014 • Age: 12 yrs
A cloud-based quantum computing platform is provided by QC Ware.
Annual revenue - Latest available
Total funding $33.2M 8 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About QC Ware

QC Ware is a company based in Palo Alto (United States) founded in 2014. QC Ware has raised $33.25 million across 8 funding rounds from investors including Citi, D. E. Shaw Group and Covestro. QC Ware offers products and services including Promethium, Quantum Solutions Workshops, and Q2B Events. QC Ware operates in a competitive market with competitors including Kipu Quantum, 1QBit, Cambridge Quantum Computing, Strangeworks and QunaSys, among others.

  • Headquarter Palo Alto, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Qc Ware Corp.
Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $33.25 M (USD)

    in 8 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Jul 27, 2021

  • Investors
    Citi

    & 10 more

  • Employee Count
    Not available
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Products & Services of QC Ware

QC Ware offers a comprehensive portfolio of products and services, including Promethium, Quantum Solutions Workshops, and Q2B Events.

Product name locked
Category locked
Primary

Platform for fast and accurate molecular modeling in discovery.

Product name locked
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Workshops to explore quantum applications for business needs.

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Series of conferences connecting quantum technology stakeholders.

People of QC Ware

Headcount 10-50
Employee Profiles 15
Board Members and Advisors 5
Employee Profiles
People
Paul Baines
Chief Technology Officer & General Manager - Promethium
People
Joshua Scherschel
Devops Lead
People
Jeremy Brodsky
General Counsel
People
Matt Johnson
Co-Founder & CEO

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Board Members and Advisors
people
Pete Worden
Advisor
people
Scott Aaronson
Chief Scientific Advisor
people
Sandeep Arora
Board Member
people
Kay Giesecke
Advisor

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Funding Insights of QC Ware

QC Ware has successfully raised a total of $33.25M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in July 2021. 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.

Investors in QC Ware

QC Ware has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Citi, D. E. Shaw Group and Covestro.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by the venture capital firm.
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Venture capital fund investing in tech startups
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Early-stage tech investments are made across US, Europe, and Asia.
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Investor details for QC Ware

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  • Investor domains
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Investments & Acquisitions by QC Ware

Investments
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Investment portfolio details for QC Ware

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  • Portfolio identities
  • Transaction dates
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Financial Statements - QC Ware

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Detailed financials for QC Ware

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  • Profit trends
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Qc Ware Comparisons

QC Ware Primary company
Description
A cloud-based quantum computing platform is provided by QC W...
Location
Palo Alto, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for QC Ware

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Competitors of QC Ware

QC Ware 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 Kipu Quantum, 1QBit, Cambridge Quantum Computing, Strangeworks and QunaSys, among others.

Company Name Domain Founded year HQ Location Description
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Quantum computing software solutions for optimization problems are provided.
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Hardware-agnostic platform for quantum computing software is developed.
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AI-based software for quantum computing is provided.
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Quantum computing software solutions are developed and provided to users.
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Quantum computing research and development are pursued through various initiatives.
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Detailed competitors of QC Ware

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Latest news on Qc Ware

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Complete news archive for QC Ware

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about QC Ware

QC Ware was founded in 2014 and raised its 1st funding round 1 year after it was founded.

QC Ware is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

QC Ware is a funded company, having raised a total of $33.25M across 8 funding rounds to date.

QC Ware was founded in 2014 and is headquartered in Palo Alto, United States. The company operates in the quantum computing sector, where a cloud-based computational platform is developed to integrate quantum processing into existing applications. Software tailored for D-Wave systems is offered, focusing on optimization challenges in binary integer programming. Services support specialized computational needs across various industries.

QC Ware's top competitors include Kipu Quantum, Kvantify and Strangeworks.

QC Ware offers Promethium, Quantum Solutions Workshops, and Q2B Events.

QC Ware has 11 investors. Key investors include Citi, D. E. Shaw Group, Covestro, Koch Disruptive Technologies, and Pegasus Tech Ventures.

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