QC Ware, a Palo Alto, CA-based cloud quantum computing software service, raised $6.5M in Series A financing.
The round was led by Citi and Goldman Sachs, with participation from existing investors Airbus Ventures and D. E. Shaw Ventures and new investor Fenox Venture Capital.
The company intends to use the funds to accelerate the application of quantum computing in global enterprises.
Led by Matt Johnson, Co-Founder and CEO, QC Ware is developing software solutions that enable enterprises to use algorithms designed for quantum computers on multiple quantum hardware systems, by providing access through a single software platform.
Current customers and partners include financial services companies, aerospace prime contractors, automotive OEMs, power utilities, and multiple government groups.