TechTaffy

Jeff Bezos Invests In Quantum Computing Company

[Techtaffy Newsdesk]

D-Wave Systems,  a Canada-based quantum computing company founded in 1999,  has closed a $30 million round of equity funding. Bezos Expeditions and In-Q-Tel (IQT) have joined the investment round.

Bezos Expeditions is the personal investment company of Jeff Bezos. IQT is a strategic investment firm that delivers  technology solutions in support of the U.S. Intelligence Community.

Vern Brownell  (CEO,  D-Wave): Jeff Bezos and In-Q-Tel are well-known visionaries. Both understand the implications of quantum computing as a world changing force.

Bezos Expeditions and IQT join current D-Wave investors, including Business Development Bank of Canada, Draper Fisher Jurvetson, Goldman Sachs, Growthworks, Harris & Harris Group, International Investment and Underwriting, and Kensington Partners.

D-Wave says it will use the new funding to augment its commercial operations.

[Image Courtesy: D-Wave Systems]

Categories:   Corporate News

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