Friday, April 21, 2023

QuSecure collaborates with Red Hat on post-quantum cryptography

QuSecure, a start-up based in San Mateo, California, announced that its post-quantum cybersecurity technology is supported on Red Hat Enterprise Linux, Red Hat OpenShift and Red Hat Ansible Automation Platform. 

The QuSecure solution enables organizations to address crypto modernization efforts that government and private enterprises are undertaking to implement a zero-trust quantum resilient architecture before quantum computers begin decrypting today’s data.

“This comprehensive security solution brings together the best of both worlds: QuSecure’s advanced post-quantum cybersecurity technology supported on Red Hat open-source platforms. With this collaboration, we aim to empower organizations of all sizes with the tools they need to safeguard their digital assets against modern cyber threats,” said Red Hat’s Anna Levine, Senior Director, Public Sector Sales, Defense and National Security Programs. 

“After years of discussion, the time has finally come for enterprise and government entities to take action and remediate their systems against the imminent quantum threat,” said Dr. Garrison Buss, Chief Strategy Officer at QuSecure. “We applaud Red Hat for working so closely with us to empower these stakeholders to complete a low-risk upgrade to their currently vulnerable networks with the latest in modern cryptography, breathing new life into their existing infrastructure and allowing them to implement security measures to help protect their systems for the next decade and beyond.”

Quantum Source raises $12 million for photonic quantum computing

Quantum Source (QS), a start-up located in Rehovot Israel, has raised a $12M seed extension investment for its work in photonic computing, which uses photons as a representation of qubits.

Quantum Source, which was founded in 2021, aims to build fault-tolerant quantum systems that scale to millions of qubits and that will have the potential to unleash dramatic acceleration in numerous cutting edge fields that include drug design, material development, cybersecurity, and the processing of large datasets for AI applications.

“We founded Quantum Source with the belief that photonic quantum technologies are the best route to achieve large-scale, fault-tolerant quantum computers. Our unique approach will dramatically improve the scalability of those machines and will be the key to commercial success of quantum computers,” said Oded Melamed, co-founder and CEO of Quantum Source. “Having investors such as Dell Technologies Capital believe in us will allow us to accelerate our work and by extension, entire industries.”

Quantum Source is led by four co-founders: CEO Oded Melamed; VP of R&D, Gil Semo; Chief Scientist Prof. Barak Dayan; and Chairman Dan Charash. The senior leadership has successfully co-founded, scaled, and sold deeply technical companies to Apple, Broadcom, and Sony. With more than 170 articles published among them, the broader team is composed of 18 PhDs in either physics or electrical engineering from esteemed universities including Caltech, Columbia University, MIT, Weismann Institute of Science, and Yale University.

The funding round was led by Dell Technologies Capital with participation from 10D as well as existing investors Eclipse VC, Grove Ventures, and Pitango First. The extension brings Quantum Source’s seed round total to $27 million.