Saturday, April 19

QuSecure Raises $28M in Series A Funding and Appoints New CEO

QuSecure Secures Additional Series A Funding

– QuSecure has raised a total of $28 million in Series A funding.
– The round was led by Two Bear Capital, with participation from Accenture Ventures.
– The funding aims to assist in product development, go-to-market expansion, and adoption of post-quantum cryptography solutions.
– QuSecure focuses on providing PQC solutions to government, financial, and critical infrastructure sectors.

New CEO Appointed

– Alongside the funding news, QuSecure has appointed a new CEO to lead the company.

Author’s Take

QuSecure’s successful increase in Series A funding to $28 million, with key investors like Two Bear Capital and Accenture Ventures onboard, positions the company well for advancing its post-quantum cryptography solutions. This financial boost and new leadership signify a significant step forward in QuSecure’s journey to enhance cybersecurity across vital sectors.

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