Estimated reading time: 0 minutes, 21 seconds

Quantum Cybersecurity firm QuintessenceLabs Raises $25 million  

QuintessenceLabs, an Australia-based cybersecurity firm that uses quantum random number generators, has secured $25 million in a Series B round. So reports TechCrunch.

QuintessencelabsQuintessenceLabs CEO and founder Vikram Sharma said the company plans to use the funding to widen its customer base worldwide.

Sharma said QuintessenceLabs applies quantum physics for a number generator called qStream that generates encryption keys more purely random than is possible under conventional physics.

Read the full article from TechCrunch.

Read 128 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.