PQShield: Raises $20M in Series A Funding
- PQShield, a London, UK-based cybersecurity company specializing in post-quantum cryptography, raised $20m in Series A funding
- The round was led by Addition, with participation from existing investors Oxford Science Enterprises (formerly OSI) and Crane
- The company intends to use the funds to accelerate further product development, hiring and international expansion
- The proceeds will be used to extend PQ Shield’s presence in the US and EMEA, launch in new markets including Japan, and accelerate product development
- PQ Shield is a cybersecurity company specializing in post-quantum cryptography, protecting data from today’s attacks while readying organisations for the threat landscape of tomorrow
- The quantum-secure cryptographic solutions work with companies’ legacy systems to protect devices and sensitive data now and for years to come
