November 27, 2022

QuintessenceLabs secures funding from In-Q-Tel

Australian-based QuintessenceLabs, a company providing quantum-cybersecurity solutions, announced today that it secured an investment from In-Q-Tel, Inc. (IQT), the non-profit strategic investor that accelerates the development and delivery of cutting-edge technologies to the national security communities of the U.S. and its allies.

The startup provides the world’s fastest quantum random number generators, crypto-agile key management, data security policy enforcement, and second generation quantum key generation.

IQT’s investment coincides with the release of QuintessenceLabs’ qStream™ Plus Quantum Entropy Appliance, integrating the power of high-speed quantum random number generation with entropy management software to ensure enterprise-level performance and security for applications requiring high-quality random numbers, also known as entropy. (Yahoo Finance)

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