Disclaimer: This post was written when Quantum Xchange was focused on building and selling the first quantum network in the U.S.
We have since pivoted our business and product offering, with the invention of Phio Trusted Xchange (TX), a first-of-its-kind quantum-safe, out-of-band key delivery system. While our technology offering can support QKD deployments, we are not a quantum communications provider or reseller. Our quantum-safe key exchange supports quantum keys generated from any source(QRNG or QKD) protected by any method (all PQC key encapsulation algorithms).
By Stephen Babcock
June 29, 2018
A Bethesda, Md.–based company looking to apply quantum mechanics to cybersecurity announced $10 million in new funding this week.
The Series A investment round for Quantum Xchange was led by Boston-based New Technology Ventures.
According to CEO John Prisco, the company is developing a key that is designed to protect data from attacks that could utilize computing that could break through defenses much faster than what’s currently available.
Read the full article here: https://technical.ly/dc/2018/06/29/quantum-xchange-series-a/
