QuantLR
Latest round
- Seed
Last raised
- Sep 2020
Total raised
- $1.7M
Investors
- 2
About QuantLR
QuantLR, founded in 2018 in Modi`in Makkabbim Re`ut, Israel, focuses on providing quantum security solutions.QuantLR offers advanced security solutions through its flagship product, a comprehensive Quantum Key Distribution (QKD) system. This system integrates a transmitter, receiver, and Key Management System within a compact 1U enclosure, optimizing rack space while providing continuous access to secure communication keys.QuantLR generates revenue through B2B transactions, mainly by selling its QKD systems to telecommunications companies requiring enhanced network security. Clients typically engage in partnership agreements or direct sales, with a focus on long-term contracts and ongoing support services.Looking ahead, QuantLR plans to develop new products, building on their QKD technology, with specific launch dates yet to be announced. The company aims to expand into new markets, particularly in North America and Europe, by 2023.70 mn will support these initiatives, enabling QuantLR to enhance its product offerings and accelerate market entry.
Who invested in QuantLR
2 investors across 1 round
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Funding rounds
Seed
Sep 1, 2020
Amount
$1.7M
Investors
Questions about QuantLR
Who invested in QuantLR?
QuantLR has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has QuantLR raised?
QuantLR has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did QuantLR last raise money?
QuantLR's most recent round on record is a Seed, in Sep 2020.
What does QuantLR do?
QuantLR, founded in 2018 in Modi`in Makkabbim Re`ut, Israel, focuses on providing quantum security solutions.
Where is QuantLR headquartered?
QuantLR is headquartered in Modi`in Makkabbim Re`ut, Israel.
Which VCs invest in companies like QuantLR?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back it security/cybersecurity companies at QuantLR's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Seed
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