About QC Ware
QC Ware is a Technology company based in Palo Alto (United States) founded in 2014. A cloud-based quantum computing platform is provided by QC Ware. QC Ware has raised $33.25 million across 8 funding rounds from investors including Citi, D. E. Shaw Group and Covestro. Its website qcware.com draws about 15 thousand monthly visits. QC Ware offers products and services including Promethium, Quantum Solutions Workshops, and Q2B Events. Its focus areas include High Tech, Quantum Computing, Quantum Software and Computational Platforms. Its legal entity is QC Ware Corp.
Company details
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.
- Headquarters Palo Alto, United States
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website qcware.com
- Social LinkedIn X YouTube
- Legal Name Qc Ware Corp.
- Total Equity Funding$33.25M (USD)
in 8 rounds
- Latest Funding Round$25M (USD), Series B
Jul 2021
- InvestorsCiti
& 10 more
Products & Services of QC Ware
QC Ware offers a comprehensive portfolio of products and services, including Promethium, Quantum Solutions Workshops, and Q2B Events.
Platform for fast and accurate molecular modeling in discovery.
Workshops to explore quantum applications for business needs.
Series of conferences connecting quantum technology stakeholders.
Apps and channels of QC Ware
its YouTube channel QC Ware has 5.17K subscribers and 30 videos.
Videos from QC Ware
The most watched videos on QC Ware's YouTube channel, QC Ware (5.17K subscribers). Click a video to play it here.
More on QC Ware.
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 $33.25M
- Total Rounds 8
- Last Round Series B — $25M
- Investors Count 11
All 8 funding rounds of QC Ware with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $25M | Series B | – | Koch Disruptive Technologies, Covestro | |
| Jul 2018 | $8.25M | Series A | – | Citi, Goldman Sachs Investment Partners | |
| Apr 2018 | $1.42M | Grant | – | – | |
| Jan 2018 | $1.42M | Grant | – | – | |
| Jan 2017 | $1M | Grant | – | – | |
| Jan 2017 | $224,258 | Grant | – | – | |
| Aug 2016 | Seed | – | – | ||
| May 2015 | Seed | – | Alchemist Accelerator | – |
11 investors in total: 11 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by the venture capital firm. | 2017 | kochdisruptivetechnologies.com | Wichita, United States | |
Venture capital fund investing in tech startups | pegasustechventures.com | San Jose, United States | ||
Early-stage tech investments are made across US, Europe, and Asia. | airbusventures.vc | Menlo Park, United States | ||
Global tech sector investments are managed by Fenox Venture Capital. | fenoxvc.com | Taipei, Taiwan | ||
Venture capital fund backed by the US Government | seedfund.nsf.gov | Alexandria, United States | ||
Enterprise startups are accelerated via a 6-month program. | alchemistaccelerator.com | San Francisco, United States | ||
Advanced polymer materials are manufactured for industrial applications. | 2015 | covestro.com | Leverkusen, Germany | |
Multinational investment management services are provided globally. | 1988 | deshaw.com | New York, United States | |
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States | |
Investments are made in technology-based businesses by this VC firm. | gsipventures.com | New York, United States |
Investor details for QC Ware
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of QC Ware
20 people are tracked at QC Ware (5 in leadership, 5 in board & advisors, 10 in team).
| Name | Role | Group |
|---|---|---|
Paul Baines | Chief Technology Officer & General Manager - Promethium | Leadership |
Matt Johnson | Co-Founder & CEO | Leadership |
John Hynes | CFO | Leadership |
Kj Sham | Co-Founder & COO | Leadership |
Joyce Lifland | VP Of Sales & Partnerships | Leadership |
Pete Worden | Advisor | Board & advisors |
Scott Aaronson | Chief Scientific Advisor | Board & advisors |
Sandeep Arora | Board Member | Board & advisors |
Kay Giesecke | Advisor | Board & advisors |
Navin Maharaj | Board Member | Board & advisors |
Michael Carl | Financial Controller | Team |
Bryan Fales | Senior Staff Scientist | Team |
Sandrine Brubaker | Executive Assistant | Team |
Joshua Scherschel | Devops Lead | Team |
Jeremy Brodsky | General Counsel | Team |
Jean-Baptiste Faverjon | Global Events & Business Manager Europe | Team |
Troy Roberts | SVP Saas Sales, QC Ware | Team |
Peter McMahon | Advisor, Quantum Algorithms Research | Team |
Pablo Ortiz-Lampier | Software Engineer | Team |
Christoph Siegert | SVP, Product | Team |
Complete people profiles for QC Ware
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of QC Ware
3 dated milestones of QC Ware across 7 years, from founding to its latest funding, stage changes and deals.
- Founded QC Ware is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $25.0M.
Web traffic of QC Ware
The website of QC Ware (qcware.com) receives about 14.9K visits a month.
- Monthly visits14.9K
▼ 25.8% vs previous month
Websites whose visitors overlap most with QC Ware. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
psicode.org | psicode.org | 100% | #1,712,765 | – |
Top companies in Neuromorphic & Quantum Computing
3 companies that operate in the same segment as QC Ware (Neuromorphic & Quantum Computing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
Photon-based universal quantum computers are developed for error correction. | 2015 | Palo Alto, California, United States | USD 2.77 B | USD 1.04 M | 672 | |
Universal quantum computers using trapped-ion technology are provided via cloud. | 2015 | College Park, Maryland, United States | USD 86 M | USD 43.07 M | 407 |
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Related news about Qc Ware
Complete news archive for QC Ware
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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 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.
QC Ware operates through Qc Ware Corp..