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
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Sectors
Technology
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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.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.25 M (USD)
in 8 rounds
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Latest Funding Round
$25 M (USD), Series B
Jul 27, 2021
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Investors
Citi
& 10 more
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Employee Count
Employee Count
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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. 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.
Platform for fast and accurate molecular modeling in discovery.
Workshops to explore quantum applications for business needs.
Series of conferences connecting quantum technology stakeholders.
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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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series B — $25.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - QC Ware | Valuation | Koch Disruptive Technologies , Covestro | |
| Jul, 2018 | Amount | Series A - QC Ware | Valuation | Citi , Goldman Sachs Investment Partners | |
| Apr, 2018 | Amount | Grant - QC Ware | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by the venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Early-stage tech investments are made across US, Europe, and Asia.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by QC Ware
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - QC Ware
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qc Ware Comparisons
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. 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 |
Quantum computing software solutions for optimization problems are provided.
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| domain | founded_year | HQ Location |
Hardware-agnostic platform for quantum computing software is developed.
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| domain | founded_year | HQ Location |
AI-based software for quantum computing is provided.
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| domain | founded_year | HQ Location |
Quantum computing software solutions are developed and provided to users.
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| domain | founded_year | HQ Location |
Quantum computing research and development are pursued through various initiatives.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qc Ware
Frequently Asked Questions about QC Ware
When was QC Ware founded?
QC Ware was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is QC Ware located?
QC Ware is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is QC Ware a funded company?
QC Ware is a funded company, having raised a total of $33.25M across 8 funding rounds to date. The company's 1st funding round was a Grant of $1.42M, raised on May 01, 2015.
What does QC Ware do?
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.
Who are the top competitors of QC Ware?
QC Ware's top competitors include Kipu Quantum, Kvantify and Strangeworks.
What products or services does QC Ware offer?
QC Ware offers Promethium, Quantum Solutions Workshops, and Q2B Events.
Who are QC Ware's investors?
QC Ware has 11 investors. Key investors include Citi, D. E. Shaw Group, Covestro, Koch Disruptive Technologies, and Pegasus Tech Ventures.