Summary: QuSecure, a startup focused on post-quantum cryptography, has successfully raised an additional million in Series A funding. The funding aims to enhance the company’s quantum-resistant security solutions for government, finance, and critical infrastructure sectors. With the increasing threat posed by quantum computing, QuSecure emphasizes the urgent need for organizations to transition to quantum-safe encryption methods.
Affected: QuSecure, US Army, US Air Force, telecommunications firms, financial institutions, global cloud service providers
Keypoints :
- QuSecure’s flagship product, QuProtect, facilitates migration to post-quantum cryptography without major infrastructure changes.
- The recent funding round was led by Two Bear Capital, with involvement from Accenture Ventures, to expand market presence.
- Rebecca Krauthamer has been appointed as CEO, emphasizing the necessity for organizations to adopt agile cryptographic solutions efficiently.
Source: https://www.securityweek.com/qusecure-banks-28m-series-a-for-post-quantum-cryptography-tech/