Quantum Benchmark Overview
- Year Founded
-
2017

- Status
-
Acquired/Merged
- Employees
-
13

- 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
Website
www.quantumbenchmark.com(Operating Subsidiary)
Corporate Office
- 51 Breithaupt Street
- Suite 100
- Kitchener, Ontario N2H 5G5
- Canada
Corporate Office
- 51 Breithaupt Street
- Suite 100
- Kitchener, Ontario N2H 5G5
- Canada
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 |
Quantum Benchmark Comparisons
Industry
Financing
Details
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 |
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
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 |
Quantum Benchmark FAQs
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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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