Q
QC Ware
Developing enterprise software and services for quantum computing
About QC Ware
QC Ware was founded in 2014 by Matt Johnson, KJ Sham, and Randall Correll, with the vision of making quantum computing accessible and practical for businesses. The founders, leveraging their backgrounds in technology and business, aimed to bridge the gap between complex quantum algorithms and real-world applications.
In its early years, QC Ware focused on developing software that could run on quantum hardware, collaborating with major tech companies and research institutions. This strategic approach positioned QC Ware as a leader in the quantum computing space, attracting attention from both investors and potential clients.
A significant milestone in QC Ware's journey came in 2021 when the company raised $25 million in a Series B funding round. This funding was pivotal, enabling QC Ware to accelerate the development of its quantum algorithms and expand its team. The round was led by prominent investors, including Goldman Sachs, highlighting the growing confidence in QC Ware's potential to revolutionize industries through quantum computing.
Today, QC Ware continues to innovate, working on cutting-edge solutions that promise to transform sectors such as finance, logistics, and pharmaceuticals. The company's commitment to advancing quantum technology while making it accessible to enterprises worldwide remains at the core of its mission. As QC Ware looks to the future, it stands as a testament to the transformative power of quantum computing and the vision of its founders.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Palo Alto, United States
- Employees
- 45
- Open positions
- 1
- Dealroom signal
- 70.0/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Quantum Computing, Quantum Computing Software, Digital: AI and Quantum Computer, Observatoire Deeptech, DT and LS, science-based
- Technology
- Deep Tech, Quantum Technologies
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Sep 2021 | $25M | $100M | Covestro · Citi · D.E. Shaw Group · Pegasus Tech Ventures | ↗ |
| SERIES A✓Equity / VC | Jul 2018 | $6.5M | $26M | Pegasus Tech Ventures · Citi · Goldman Sachs · Airbus Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for QC Ware is 13K monthly website visits, up 18.2% over the last three months. QC Ware's team grew 7.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Alchemist Accelerator
Airbus Ventures
US National Science Foundation
Series A6 investors entered at this stage
Citi
Pegasus Tech Ventures
Goldman Sachs
Covestro
D.E. Shaw Group
Samsung Ventures
Other known investors4 additional known investors
Koch Disruptive Technologies
Plug and Play
Ronny Fehling
Small Business Innovation Research
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about QC Ware on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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