Quantum Xchange to build first quantum network in U.S. offering ‘unbreakable encryption’
June 26, 2018
Silicon Angle, Mike Wheatley
Startup Quantum Xchange today said it has raised $10 million in a seed funding round timed to coincide with the launch of the first-ever quantum fiber optic network in the U.S.
The network is designed to protect data in transmission from attacks powered by quantum computers.
The $10 million funding round, led by New Technology Ventures with participation from Enterprise Management Associates, will be used to finance the deployment of a “dark fiber quantum network” that will connect the U.S.’s Northeast Corridor from Washington D.C. to Boston.