Cryptographic security startup PQShield has completed a $37 million Series B funding round, led by Addition

2024-06-23 11:50:13

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ChainCatcher news, according to crypto.news, the crypto security startup PQShield announced the completion of a $37 million Series B funding round, led by Addition, with participation from Braavos Capital, Legal & General, and Chevron Technology Ventures. The new funds will be used to hire more employees and foster closer working relationships with partners and clients.

It is reported that PQShield's technology is designed to protect cryptographic systems from attacks by quantum computers, with notable clients including Nvidia and AMD.

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