Wednesday, October 25, 2023

Cisco makes an investment in Aliro Quantum

Aliro Quantum, a start-up based in Boston, announced that Cisco Investments participated in its recently announced round of funding, joining Accenture Ventures and lead investor Flybridge Leaders Fund.

Aliro Quantum is developing foundational technologies needed for quantum networks and has filed ten patents that include 124 claims. The company has launched AliroNet, a non-QKD multipurpose entanglement-based secure network solution. Aliro is also providing the quantum network configuration, control and orchestration for the EPB Quantum Network powered by Qubitekk, America’s first industry-led, commercially available quantum network. The company was founded in 2019 by Dr. Prineha Narang, an Assistant Professor at the John A. Paulson School of Engineering and Applied Sciences at Harvard University. 

“Quantum networking is key to the future of secure networking,” said Bill Gartner, Senior Vice President and General Manager, Cisco Optical Systems and Optics. “Through this investment, we are excited to support Aliro in advancing its research and development in this next stage of its growth."

https://www.aliroquantum.com/