Tech Company Financing Transactions
D-Wave Systems Funding Round
On 5/16/2017, D-Wave Systems raised $30 million in funding from PSP Investments.
Transaction Overview
Company Name
Announced On
5/16/2017
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This (financing) sets us up to deploy the next-generation of our technology, which will be more powerful. Part of the new financing will also go toward building software tools to help people use the quantum computer more easily.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3033 Beta Ave.
Burnaby BC, V5G 4M9
Canada
Burnaby BC, V5G 4M9
Canada
Phone
Website
Email Address
Overview
Founded in 1999, D-Wave Systems is the world's first quantum computing company and the leader in the development and delivery of quantum computing systems and software. Our mission is to unlock the power of quantum computing to solve the world's most challenging problems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vern Brownell
Chief Financial Officer
Daniel Cohrs
Chief Scientific Officer
Eric Ladizinsky
VP - Engineering
Jeremy Hilton
VP - General Counsel
Tanya Rothe
VP - Human Resources
Victoria Brydon
VP - Marketing
Jennifer Houston
VP - Product Management
Alan Baratz
VP - Regulatory Affairs
Warren Wall
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