QuintessenceLabs Secures Funding from In-Q-Tel
Summary
This investment underscores the importance of quantum safe capabilities to support security communities in the US, UK and Australia. The company has been widely recognized for its cybersecurity innovation, most recently through its selection as a World Economic Forum Technology Pioneer and through the UK Department of International Trade Tech Rocketship awards. QuintessenceLabs founder and CEO, Dr Vikram Sharma said, “We are delighted to have In-Q-Tel’s backing, a valuable endorsement of QuintessenceLabs’ quantum cybersecurity capabilities and their importance to the national security community. IQT delivers cutting-edge and critically needed technology capabilities that contribute to the national security of the United States and its allies. Founded in 1999 as the independent, not-for-profit strategic investor to the CIA, IQT’s role and scope has since evolved, and IQT now partners with 10 U.S. government agencies.