Startup that develops security solutions PQShield, $37 million received investment. The company’s B series investment round Addition led. In the investment tour of the UK-based company Chevron Technology Ventures, Oxford Science Enterprises, Legal & General ve Braavos Capital took place. PQShield announced that it will use the new investment to develop hardware and software solutions and expand collaborations.
in 2015 Ali El Kaafarani Founded by PQShield, it stands out as a security company that develops resistant encryption solutions against potential threats of quantum computers to future encryption security. As computers become much more powerful in the future, traditional encryption methods are becoming decryptable. Therefore, it focuses on post-quantum cryptography.
The technology developed by PQShield, post-quantum cryptography technology, aims to increase information security by providing secure encryption methods that are difficult to decipher with the power of future quantum computers. This technology plays a critical role, especially in meeting the data protection needs of industrial and government institutions. These solutions include secure encryption methods that do not run the risk of being effectively cracked by quantum computers.
The company’s customer portfolio attracts quite a lot of attention. Among its customers AMD, Microchip Technologies, Collins Aerospace, Lattice Semiconductor, Sumitomo Electric, NTT Data, Mirise Technologies There are companies like.
We can say that PQShield is an important security provider because it reduces the risks posed by quantum computers to cryptographic security in the future.
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