Aliro Qunatum, a Boston, MA-based quantum networking company, received an investment from Cisco Investments.
The amount of the del was no disclosed. The investment adds to the round announced earlier this month.
The company intends to use the funds to invest in research and development as well as to expand its go-to-market programs and professional services offerings.
Led by CEO Jim Ricotta, Aliro Quantum, The Quantum Networking Company™, offers AliroNet™ to emulate, pilot, and deploy entanglement-based quantum networks that are capable of running a wide variety of applications from secure communications to clustered quantum computing and distributed quantum sensing. Aliro, spun out of NarangLab at Harvard University, is a leader in quantum network development by offering the foundational technologies needed for organizations around the world to build scalable and distributed quantum systems. AliroNet™ users include utility companies, telecommunications providers, public sector organizations, enterprises, and researchers who are simulating, designing, piloting, orchestrating, and building the world’s first entanglement-based quantum networks.
FinSMEs
26/10/2023