Classiq: Raises Further USD3M in Second Closing of Series B Funding

Classiq Raises Further USD3M in Second Closing of Series B Funding

  • Classiq, a Tel Aviv, Israel-based quantum software development company, raised additional USD3m in Series B funding
  • Backers included HSBC, NTT Finance, and Neva SGR’s Intesa Sanpaolo
  • They joined existing investors Wing VC, Entrée Capital, Hewlett Packard Enterprise, Team8, Phoenix, Sumitomo Corp
  • This brings company’s funding for this round to $36 million and its overall funding to $51 million
  • The company is providing a development platform built for organizations that want to accelerate their quantum computing programs
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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