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D-Wave Raises $28.4M

By TechTaffy Desk

Canadian commercial quantum computing company D-Wave Systems has closed roughly $28.4 million ($30 million Canadian) in funding from both new and existing investors including Goldman Sachs, BDC Capital, Harris & Harris Group and DFJ. The funding will be used to advance and scale D-Wave’s quantum computing technology, accelerate software development and build a software application ecosystem, says the company. The latest round brings the total funding raised by D-Wave to $160 million.

[Image courtesy: D-Wave Systems]

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