When was QC Ware founded?

QC Ware was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is QC Ware located?

QC Ware is headquartered in Palo Alto, United States.

How many employees does QC Ware have?

As of Jun 30, 2026, the latest employee count at QC Ware is 48.

Is QC Ware a funded company?

QC Ware is a funded company, having raised a total of $33.2M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 2015.

When was the latest funding round of QC Ware?

QC Ware's latest funding was a $***** Series B round on Jul 27, 2021, with participation from 5 investors.

Where does QC Ware rank among its competitors?

QC Ware ranks 2nd amongst 55 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Kvantify, which secured $8.12M in Mar, 2026.

Who are the top competitors of QC Ware?

QC Ware's top competitors include 1QBit, Cambridge Quantum and Kvantify. Among them, Kvantify secured the most recent funding round in March, 2026.

QC Ware - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of a cloud-based computational platform for quantum computing. It enables the integration of quantum computing power into an existing application. Their software is tailor-made for D-Wave’s machine and is targeting a specific subset of optimization problems known as binary integer programming.

Website: www.qcware.com/
Social
Email ID: *****@qcware.com
Phone Number: +1 **********

Key Metrics

Founded Year

2014

Location

Palo Alto, United States

Stage

Series B

Total Funding

$33.2M in 8 rounds

Latest Funding Round

Series B, Jul 27, 2021, $*****

Investors

Citi & 10 more

Ranked

2^nd among 55 active competitors

Employee Count

48 as on Jun 30, 2026

Similar Companies

1QBit & 56 more

View QC Ware's full profile

QC Ware is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Qc Ware Corp. CIN: - , Belgium, Active	Aug 12, 2014	-	-	-

QC Ware has raised a total funding of $33.2M over 8 rounds. Its first funding round was on May 2015. Its latest funding round was a Series B round on Jul 27, 2021 for $*****. 5 investors participated in its latest round. QC Ware has 11 institutional investors.

Here is the list of recent funding rounds of QC Ware:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 27, 2021	9466655	Series B	9353972	3293779	6133716	6178298
Jul 10, 2018	5622097	Series A	4006562	8890856	3829696	Airbus Ventures & 2 more
Apr 01, 2018	9114645	Grant (prize money)	2368671	6769535	3870109	National Science Foundation

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View details of QC Ware's funding rounds and investors

The founders of QC Ware are Kin Joe Sham, Randall Correll, Tayo Oguntebi and Matt Johnson.

Here are the details of QC Ware's key team members:

Kin Joe Sham: Co-Founder & COO of QC Ware and founder of 1 other company.
Contact Info: 1 email address
Randall Correll: Co-Founder of QC Ware.
Tayo Oguntebi: Former Co-Founder of QC Ware.
Matt Johnson: Co-Founder & CEO of QC Ware.
Contact Info: 1 email address

View details of QC Ware's Founder profiles and Board Members

QC Ware's employee count trend

QC Ware has 48 employees as of Jun 26. Here is QC Ware's employee count trend over the years:

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Top competitors of QC Ware include 1QBit, Cambridge Quantum and Kvantify. Here is the list of Top 10 competitors of QC Ware, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	1QBit 2012, Vancouver (Canada), Series B	Hardware-agnostic platform for quantum computing	$45M	CME Group, Fujitsu & 17 others	63/100
2nd	QC Ware 2014, Palo Alto (United States), Series B	Provider of a cloud-based computational platform for quantum computing	$33.2M	Goldman Sachs Investment Partners, Pegasus Tech Ventures ... & 9 others	63/100
3rd	Cambridge Quantum 2014, London (United Kingdom), Series C	Provider of AI-based software for quantum computing	$95M	IBM, Honeywell & 6 others	62/100
4th	Kvantify 2022, Copenhagen (Denmark), Seed	Provider of quantum computing solutions for businesses in industries such as finance, life sciences, and logistics	$18.9M	Dreamcraft Ventures, Lundbeck Foundation ... & 10 others	61/100
5th	Strangeworks 2018, Austin (United States), Series A	Developer of quantum computing software solutions	$28M	IBM, Lightspeed Venture Partners & 11 others	60/100
6th	Kipu Quantum 2021, Germany, Seed	Developer of quantum software solutions for optimization and machine learning	$14.5M	Quantonation, HV Capital & 9 others	60/100
7th	Zapata Computing, Inc. 2017, United States, Funding Raised	Provider of quantum software solutions	-	The CXO Fund	47/100
8th	BEIT 2016, Krakow (Poland), Seed	BEIT is a developer of quantum computer algorithms	$4.9M	Kindred Capital, Bloomberg L.P. & 10 others	45/100
9th	QunaSys 2018, Bunkyo (Japan), Series B	Company focused on quantum computing research and development	$23.7M	ANRI, Mirai Creation Fund & 11 others	44/100
10th	Quanmatic 2022, Shinjuku City (Japan), Series A	Company develops practical optimization solutions with unique algorithms to maximize the performance of existing hardware for business problems requiring optimal solutions	$3.72M	JP Investment, SMBC Venture Capital & 2 others	43/100