Tech Company Financing Transactions

QC Ware Funding Round

Covestro, Koch Disruptive Technologies and Citi Ventures joined a $25 million Series B funding round for QC Ware. The round was recorded on 10/2/2021.

Transaction Overview

Company Name
Announced On
10/2/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors

Covestro (Lead Investor)

Koch Disruptive Technologies (Lead Investor) (Navin Maharaj)

Citi Ventures (William Hartnett)

D. E. Shaw Group

Pegasus Tech Ventures

Samsung Ventures

Proceeds Purpose
The company intends to use the funds to expand the team to support the accelerated development of Forge.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2225 E. Bayshore Rd. 200
Palo Alto, CA 94303
USA
Email Address
Overview
QC Ware develops hardware-agnostic enterprise software solutions running on quantum computers. The company was founded in 2014 by a world-class team of aerospace and finance professionals, physicists, computer scientists, and quantum algorithm experts.
Profile
QC Ware LinkedIn Company Profile
Social Media
QC Ware Company Twitter Account
Company News
QC Ware News
Facebook
QC Ware on Facebook
YouTube
QC Ware on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matthew Johnson
  Matthew Johnson LinkedIn Profile  Matthew Johnson Twitter Account  Matthew Johnson News  Matthew Johnson on Facebook
Chief Operating Officer
KJ Sham
  KJ Sham LinkedIn Profile  KJ Sham Twitter Account  KJ Sham News  KJ Sham on Facebook
Co-Founder
Randy Correll
  Randy Correll LinkedIn Profile  Randy Correll Twitter Account  Randy Correll News  Randy Correll on Facebook
VP - Bus. Development
Yianni Gamvros
  Yianni Gamvros LinkedIn Profile  Yianni Gamvros Twitter Account  Yianni Gamvros News  Yianni Gamvros on Facebook
VP - Engineering
Vic Putz
  Vic Putz LinkedIn Profile  Vic Putz Twitter Account  Vic Putz News  Vic Putz on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/2/2021: CodeSee venture capital transaction
Next: 10/2/2021: Wider Circle venture capital transaction

 

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Where The Data Comes From

We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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