With $10M in funding, Bethesda-based Quantum Xchange is working on the future of encryption

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/