Cybersecurity startup PQShield raises $37m in Series B funding for quantum-ready cryptographic solutions.
Cybersecurity startup PQShield has raised $37m in Series B funding, led by Addition, to expand commercial operations and meet growing global demand for its quantum-ready cryptographic solutions. PQShield specializes in post-quantum cryptography (PQC), designed to withstand future hacks by quantum computers. The funding comes as organizations and businesses aim to become "quantum-ready" ahead of the first PQC standards being released.
June 20, 2024
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