D-Wave Systems Raises an Additional $29M, Closing 2014 Financing at $62M

D-Wave Systems Raises an Additional $29M, Closing 2014 Financing at $62M

BURNABY, BC — (Marketwired) — 01/29/15 — D-Wave Systems Inc., the world–s first quantum computing company, today announced that it has closed $29 million in funding from a large institutional investor, among others. This funding will be used to accelerate development of D-Wave–s quantum hardware and software and expand the software application ecosystem. This investment brings total funding in D-Wave to $174 million (CAD), with approximately $62 million raised in 2014."The investment

Quantum Computing Firm D-Wave Systems Appoints Bill Blake as Executive VP of Research and Development

Quantum Computing Firm D-Wave Systems Appoints Bill Blake as Executive VP of Research and Development

BURNABY, BC — (Marketwired) — 09/22/14 — , the world–s first commercial quantum computing company, today announced that Bill Blake has joined the firm as Executive VP of Research and Development, responsible for hardware engineering, processor development, software and fab process design functions.Bill has been a technology leader in the high performance computing industry for three decades. Most recently, Bill was CTO of Cray Inc., responsible for defining Cray–s next generation of superc