[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]