Post-quantum cybersecurity startup PQShield just raised close to $7 million in a funding round backed by Kindred Capital and Crane Venture Partners.
The firm also received investment from Andre Crawford-Brunt, previously a senior executive at Deutsche BankCybersecurity startup PQShield just raised almost $7 million in a funding round backed by Kindred Capital and Crane Venture Partners. The post-quantum cryptography market is expected to see significant growth over the next decade, with analysts atDr Ali El Kaafarani, a research fellow at Oxford University's Mathematical Institute and former engineer at Hewlett-Packard Labs, founded PQShield in 2018, saying he was struck by "the disconnect between the scale of the quantum threat and the current level of IT security" seen at most businesses.
How do you fund a cyber security startup that aims to protect a platform that isn't even operational yet, just wow.
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There's money in America...this company might not exist next year.
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