Classiq aims to advance software development for quantum computers
News Highlights: Classiq aims to advance software development for quantum computers.
Startups that provide the tools to build software that can run on quantum computers are getting the attention of investors. Classiq, which provides a modeling tool for building algorithms for quantum computers, this week revealed that it has raised $ 10.5 million.
The round was led by Team8 and Wing Venture Capital, with additional participation from Entrée Capital, OurCrowd and IN Venture, Sumitomo’s corporate venture arm in Israel. Previously, Classiq had raised $ 4 million in a seed round from Entrée Capital.