The combination of QuintessenceLabs’ advanced security expertise with quantum science enables organizations to protect their data now and into the future. In 2018, QuintessenceLabs was named a Technology Pioneer by the World Economic Forum for its advances in data protection. Its products have protected entities in government, defense, and private enterprises in Australia, the United States and beyond. QuintessenceLabs is a global leader in the commercial development of cybersecurity products and solutions based on quantum technology, tackling the most difficult security challenges for organizations. The combined PKWARE and QuintessenceLabs solution includes all of PKWARE’s discovery, encryption, and key management capabilities, together with a hardware security module and quantum random number generation capabilities. PKWARE’s partnership with QuintessenceLabs allows organizations to deploy the PKWARE Enterprise Manager as a physical appliance, gaining the benefits of QuintessenceLabs’ advanced cybersecurity technology. The PKWARE Enterprise Manager is the central component of PKWARE’s data security platform, managing the agents that are installed on an organization’s servers and user devices, as well as digital certificates and PGP keys. We’re excited to support the QuintessenceLabs team as they scale their business and provide customers with a critical layer of protection.Enhanced end-to-end data protection solutions Dr Sharma and the team at QuintessenceLabs are global leaders in developing quantum-based cybersecurity tools that help protect sovereign and commercially sensitive information. Main Sequence partner Bill Bartee added, “As computing power increases exponentially, the tools needed to secure critical data and assets must stay several steps ahead. Safeguarding data-our most valuable resource-has never been more critical and we look forward to this exciting new growth stage while continuing to develop world-leading solutions to secure our increasingly digital lives.” QuintessenceLabs founder and CEO Vikram Sharma said, “We are delighted to have secured investments from Main Sequence and TELUS Ventures and be recognized for our breakthrough commercialization of quantum enhanced cybersecurity solutions. Organisations need to start assessing their cybersecurity posture from a quantum-safe perspective.”Īccording to QuintessenceLabs, this recent investment underscores its commitment of providing quantum safe crypto solutions and services to support security communities globally. Quantum computing capabilities and power transcend that of current computing, making today’s information vulnerable to quantum computing attacks and data breaches. The firm commented, “The next greatest threat to data and information is the advent of quantum computing. The company was recently selected as a World Economic Forum Global Innovator. The round was led by Main Sequence and TELUS Ventures, and also including participation from InterValley Ventures and the Capital Property Group.įounded in 2008, QuintessenceLabs claims its products combine world class security expertise with advanced science to create high-value technology, including a quantum-based random number generator and an interoperable key and policy manager as well as a broad range of strong encryption solutions. Quantum cybersecurity firm QuintessenceLabs has secured A$25m in financing as it pushes forward its aim to take quantum cybersecurity global.
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