SandboxAQ Acquires Cryptosense to Accelerate Delivery of Security Solutions to Global Organizations

Acquisitions

Summary

This marks SandboxAQs first acquisition and second deal in its Strategic Investment Program PARIS and PALO ALTO, Calif., Sept. 14, 2022 /PRNewswire/ -- , an enterprise SaaS company delivering the compound effects of AI and Quantum tech (AQ) to governments and the Global 1000, today announced it has acquired , a leading cybersecurity and encryption analysis software company. The acquisition of Cryptosense complements and accelerates the deployment of SandboxAQs Post-Quantum Cryptography (PQC) solutions to corporations and government institutions worldwide. This migration to stronger cybersecurity is important for critical infrastructure sectors such as financial services, technology, energy, biopharma, logistics, and government. "Rapid advances in quantum computing and AI challenge the effectiveness and performance of existing cryptography-based cybersecurity solutions. SandboxAQ is an enterprise SaaS company, providing solutions at the nexus of AI and Quantum technology (AQ) to address some of the worlds most challenging problems.

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Cryptosense
$1M to $5M