About Quantum Benchmark
Quantum Benchmark is a company based in Kitchener (Canada) founded in 2017 by Joseph Emerson was acquired by Keysight in May 2021.. Quantum Benchmark offers products and services including Quantum Benchmarking Tools. Quantum Benchmark operates in a competitive market with competitors including Entropica Labs, Orange Quantum Systems, Opacity, Commutator Studios and Quantum Oracles, among others.
- Headquarter Kitchener, Canada
- Founders Joseph Emerson
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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 Quantum Benchmark Inc.
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Products & Services of Quantum Benchmark
Quantum Benchmark offers a comprehensive portfolio of products and services, including Quantum Benchmarking Tools. 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.
Tools for evaluating and improving qubit quality in quantum systems.
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Funding Insights of Quantum Benchmark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Quantum Benchmark
Quantum Benchmark has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Keysight. 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.
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Electronics test and measurement equipment is manufactured for diverse industries.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Quantum Benchmark
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Quantum Benchmark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Quantum Benchmark Comparisons
Competitors of Quantum Benchmark
Quantum Benchmark 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 Entropica Labs, Orange Quantum Systems, Opacity, Commutator Studios and Quantum Oracles, 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 |
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Integrated systems for optimizing quantum computers are developed.
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Software for quantum computing performance analysis is provided.
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Error mapping software for quantum devices is provided.
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Quantum software tools are developed for optimizing application performance.
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Software and toolkit for benchmarking quantum devices are developed.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quantum Benchmark
Frequently Asked Questions about Quantum Benchmark
When was Quantum Benchmark founded?
Quantum Benchmark was founded in 2017.
Where is Quantum Benchmark located?
Quantum Benchmark is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Who is the current CEO of Quantum Benchmark?
Joseph Emerson is the current CEO of Quantum Benchmark. They have also founded this company.
What does Quantum Benchmark do?
Quantum Benchmark provides software solutions for analysis and verification of quantum hardware. Features include error characterisation, mitigation and correction, and performance validation. Products include True-Q Design, for optimising hardware design and quantum computation results; and True-Q Validation, a certification of quantum hardware performance. The founder of the company is a Research Scientist at the Institute for Quantum Computing, Ontario and also Assistant Professor at the University of Waterloo.
Who are the top competitors of Quantum Benchmark?
Quantum Benchmark's top competitors include Entropica Labs, Orange Quantum Systems and Commutator Studios.
What products or services does Quantum Benchmark offer?
Quantum Benchmark offers Quantum Benchmarking Tools.
Who are Quantum Benchmark's investors?
Quantum Benchmark has 1 investor. Key investors include Keysight.
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