Post-quantum security startup PQShield raises $7 million funding round - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Post-quantum security startup PQShield just raised $7 million to protect against future quantum attacks

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How do you fund a cyber security startup that aims to protect a platform that isn't even operational yet, just wow.

premium subscription to read business insider articles? 😹

There's money in America...this company might not exist next year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BotsAndUs: Robot startup raises $2.5 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Starling seeks further funding as it looks to expand its business offering - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla salespeople doubt job security after years of layoffs, furloughs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. omg why do they cry about everything 😂 Haven't they seen the stock price? Such whiners Classic barnacles tbh $TSLA
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla salespeople say pay has been cut, job security uncertain - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The American dream: reimagined
Source: BusinessInsider - 🏆 729. / 51 Read more »

Paytm has agreed to acquire insurance firm Raheja QBE for $76 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »