Quantum Benchmark Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 13

Employees

  • Latest Deal Type
  • M&A

Quantum Benchmark General Information

Description

Developer of a hardware-agnostic quantum computing software designed for more robust quantum computation, scaling up hardware and application design to solve real-world problems. The company's software platforms offer error characterization, error mitigation, error correction, and performance validation for quantum computing hardware packaged within a suite of user-convenience tools, across hardware platforms, enabling makers and users of software and hardware developed for quantum computers to increase the reach towards commercially viable solutions.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 51 Breithaupt Street
  • Suite 100
  • Kitchener, Ontario N2H 5G5
  • Canada
Primary Industry
Business/Productivity Software
Parent Company
Vertical(s)
Corporate Office
  • 51 Breithaupt Street
  • Suite 100
  • Kitchener, Ontario N2H 5G5
  • Canada

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Quantum Benchmark Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 25-May-2021 Completed Generating Revenue
2. Seed Round 19-Feb-2019 Completed Generating Revenue
1. Seed Round 01-Aug-2017 $1M $1M Completed Startup
To view Quantum Benchmark’s complete valuation and funding history, request access »

Quantum Benchmark Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a hardware-agnostic quantum computing software designed for more robust quantum computation, scaling up har
Business/Productivity Software
Kitchener, Canada
13 As of 2021

Chippendale, Australia
 

Vancouver, Canada
 
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Quantum Benchmark Competitors (14)

One of Quantum Benchmark’s 14 competitors is Q-CTRL, a Venture Capital-Backed company based in Chippendale, Australia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Q-CTRL Venture Capital-Backed Chippendale, Australia
1QBit Venture Capital-Backed Vancouver, Canada
Salesforce Formerly VC-backed San Francisco, CA
QC Ware Venture Capital-Backed Palo Alto, CA
D-Wave Formerly VC-backed Palo Alto, CA
You’re viewing 5 of 14 competitors. Get the full list »

Quantum Benchmark Patents

Quantum Benchmark Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20190026211-A1 Systems and methods for local randomized benchmarking Active 23-Jul-2017
US-20190018721-A1 Systems and methods for quantum computation using random compiling Inactive 20-Nov-2015

Quantum Benchmark Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Quantum Benchmark Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Audacia Growth/Expansion Minority
Quantonation Venture Capital Minority
Vanedge Capital Venture Capital Minority
To view Quantum Benchmark’s complete investors history, request access »

Quantum Benchmark FAQs

  • When was Quantum Benchmark founded?

    Quantum Benchmark was founded in 2017.

  • Where is Quantum Benchmark headquartered?

    Quantum Benchmark is headquartered in Kitchener, Canada.

  • What is the size of Quantum Benchmark?

    Quantum Benchmark has 13 total employees.

  • What industry is Quantum Benchmark in?

    Quantum Benchmark’s primary industry is Business/Productivity Software.

  • Is Quantum Benchmark a private or public company?

    Quantum Benchmark is a Private company.

  • What is Quantum Benchmark’s current revenue?

    The current revenue for Quantum Benchmark is .

  • How much funding has Quantum Benchmark raised over time?

    Quantum Benchmark has raised $1M.

  • Who are Quantum Benchmark’s investors?

    Audacia, Quantonation, and Vanedge Capital have invested in Quantum Benchmark.

  • Who are Quantum Benchmark’s competitors?

    Q-CTRL, 1QBit, Salesforce, QC Ware, and D-Wave are some of the 14 competitors of Quantum Benchmark.

  • When was Quantum Benchmark acquired?

    Quantum Benchmark was acquired on 25-May-2021.

  • Who acquired Quantum Benchmark?

    Quantum Benchmark was acquired by Keysight Technologies.

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