PQShield Secures $37 Million in Series B Funding to Revolutionize Quantum-Resistant Cryptography Solutions

PQShield, a trailblazer in developing quantum-resistant cryptography solutions, has successfully raised an impressive $37 million in its latest funding round. This substantial investment underscores the growing recognition of the urgent need for robust security measures to protect our digital landscape against the looming threats posed by quantum computing. With traditional cryptography on the brink of obsolescence, PQShield is at the forefront of innovation, providing organizations, industries, and nations with cutting-edge technology designed to withstand the capabilities of future quantum computers. The funding will be pivotal in accelerating the development and deployment of PQShield's advanced cryptographic solutions, enabling them to establish new global security standards and facilitate seamless upgrades to existing systems. Selected as a World Economic Forum Tech Pioneer in 2021 and recently honored as a WIRED Trailblazer and Bloomberg’s Startups to Watch in 2023, PQShield is poised to lead the charge in modernizing the vital security components of the global technology supply chain. With a team that combines expertise, clarity, and care, PQShield remains dedicated to empowering its clients with the tools they need to navigate an increasingly complex digital landscape. This milestone funding round is not just a testament to the company's innovative approach but a significant step toward ensuring a secure future in the face of revolutionary technological advancements.