6 years ago

Crypto Quantique Secures $8 Million Seed Funding for Quantum-Driven Cybersecurity Platform

  • Crypto Quantique, a UK-based cybersecurity company, has secured $8 million in seed funding led by ADV with participation from Entrepreneur First

  • The company, founded by Shahram Mossayebi, Kumi Thiruchelvam, and Dr

  • Patrick Camilleri, provides a quantum-driven cybersecurity platform for IoT using advanced cryptography and quantum physics

  • The funding will be used for market launch of its key and lifecycle management software, team growth, and enhancements to its Key Management Service (KMS) and cryptography

  • Crypto Quantique's KMS aims to integrate seamlessly into any IoT platform, enabling secure device onboarding, attestation, revocation, and identity provisioning

    • ProblemTechnology

      "IoT devices are vulnerable to security breaches, making it difficult to trust their data and operations."

      Solution

      "Crypto Quantique provides a quantum-driven cybersecurity platform that uses unique, unforgeable cryptographic keys generated on-demand, making it harder for attackers to compromise the security of IoT devices and their data."

      Covered on