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QSecure

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QSecure offers magnetic media chip and authentication solutions to prevent credit card fraud

Los Altos, United StatesFounded 2003Fintech
Valuation $50–100M Last recorded · 2009
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About QSecure

QSecure positions itself as a critical player in the emerging field of post-quantum cybersecurity (PQC), offering solutions to protect against future threats from quantum computers. Founded in 2019 by Dave Krauthamer, Skip Sanzeri, Rebecca Krauthamer, and Kosta Vilk, the company is headquartered in San Mateo, California.

The founding team's expertise laid the groundwork for the company's direction. Rebecca Krauthamer, who now serves as CEO, previously co-founded Quantum Thought, a venture studio for quantum intellectual property, and holds a degree in Symbolic Systems from Stanford University. Her early work in quantum computing, which earned her a spot on Forbes' "30 Under 30" list, and her involvement with the World Economic Forum's Global Future Council for quantum, highlight a deep background in the field. The initial impetus for QSecure's specific focus came from an investment by the U.S. Air Force in 2020 to research the threat of quantum computing on encrypted communications.

QSecure's business model is centered on a software-as-a-service (SaaS) architecture, providing an end-to-end quantum security solution. The firm targets government agencies and private sector businesses, particularly in finance, telecommunications, energy, and critical infrastructure. Revenue is generated through its platform, QuProtect, which is available via the AWS Marketplace and direct sales, as well as through partners like Accenture, Dell, Cisco, and Carahsoft. The company has secured significant funding, including a Series A round that brought its total to $28 million, with investors like Two Bear Capital and Accenture Ventures.

The core product, QuProtect, is a software-based platform designed to make networks resilient to both classical and quantum attacks without requiring a complete overhaul of existing systems. Its key feature is "crypto-agility," which allows organizations to seamlessly upgrade their encryption protocols to the new standards recommended by the National Institute of Standards and Technology (NIST). The platform operates in three stages: a discovery engine scans a network to create an inventory of all cryptographic assets, an orchestrator enables the one-click upgrade to PQC algorithms, and a reporting engine provides real-time compliance tracking. This approach addresses the "harvest now, decrypt later" threat, where adversaries collect encrypted data today with the intent of decrypting it once powerful quantum computers are available.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2003
Headquarters
Los Altos, United States
Employees
4
Open positions
None listed
Dealroom signal
0.0/100
Industry
Security, Fintech
Sub-industry
Payments
Sector
Fintech, Chips, Fraud Management
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Oct 2009 $10M $40M UMC Capital · Societe Generale · Worldview Technology Partners · AllegisCyber Capital —
EARLY VCOther financing Dec 2008 $17M $68M Undisclosed —
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Growth signals

QSecure website traffic

Latest recorded traffic for QSecure is 0 monthly website visits. QSecure's team grew 0% over the past year.

Latest monthly visits0 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Societe Generale
  • AllegisCyber Capital
  • Worldview Technology Partners
  • UMC Capital
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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