# QuantLR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quantlr

- Industry: IT Security/Cybersecurity
- Headquarters: Modi`in Makkabbim Re`ut, Israel
- Website: www.quantlr.com
- Total disclosed funding: $1.7M
- Latest round: Seed (Sep 1, 2020)
- Investors on record: 2

## About

QuantLR specializes in advanced quantum security solutions, utilizing Quantum Key Distribution technology to safeguard data communications against cyber threats, ensuring secure operations for telecommunications and critical infrastructure sectors.QuantLR, founded in 2018 in Modi`in Makkabbim Re`ut, Israel, focuses on providing quantum security solutions. The company has completed 3 deals, with its most recent funding round being a Seed round in January 2021, raising USD 1.70 mn from investors including OurCrowd and VentureIsrael. The leadership includes CEO Nir Bar-Lev and Founder Yanir Farber.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. Targeted primarily at telecommunications operators, data centers, and critical infrastructure, QuantLR addresses key cybersecurity risks associated with industrial control systems, serving clients across North America, Europe, and Asia-Pacific regions.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. The pricing structure positions QuantLR competitively within the cybersecurity market, providing a comprehensive solution that combines multiple functionalities.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. The recent Seed funding of USD 1.70 mn will support these initiatives, enabling QuantLR to enhance its product offerings and accelerate market entry.

## Funding rounds

- Seed, Sep 1, 2020, $1.7M — OurCrowd, VentureIsrael

## Investors

- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Seed
- VentureIsrael (https://capitalatlas.ai/funds/ventureisrael) — Seed