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 Apr 30, 2026, the latest employee count at QC Ware is 43.

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 3rd amongst 37 active competitors, of which 13 are funded. It stands 4th 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 Nu Quantum, 1QBit and Kvantify. Among them, Kvantify secured the most recent funding round in March, 2026.

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

QC Ware is a series B company based in Palo Alto (United States), founded in 2014 by Kin Joe Sham, Randall Correll, Tayo Oguntebi and Matt Johnson. It operates as a Provider of a cloud-based computational platform for quantum computing. QC Ware has raised $33.2M in funding from investors like Citi, Alchemist Accelerator and Covestro. The company has 37 active competitors, including 13 that are funded. Its top competitors include companies like Nu Quantum, 1QBit and Kvantify.

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

3^rd among 37 active competitors

Employee Count

43 as on Apr 30, 2026

Similar Companies

Nu Quantum & 38 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	3057585	Series B	6100055	3468797	2527725	8081461
Jul 10, 2018	4485281	Series A	8505098	6166428	3346947	Airbus Ventures & 2 more
Apr 01, 2018	5177548	Grant (prize money)	5276664	6777460	4662874	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 43 employees as of Apr 26. Here is QC Ware's employee count trend over the years:

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Top competitors of QC Ware include Nu Quantum, 1QBit 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	Nu Quantum 2018, Cambridge (United Kingdom), Series A	Developer of quantum cryptography systems	$72.1M	Amadeus Capital, National Grid Partners & 17 others	65/100
2nd	1QBit 2012, Vancouver (Canada), Series B	Hardware-agnostic platform for quantum computing	$45M	Fujitsu, CME Group & 17 others	63/100
3rd	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, The D. E. Shaw Group ... & 9 others	63/100
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, Delphinus Venture Capital ... & 9 others	61/100
5th	Strangeworks 2018, Austin (United States), Series A	Developer of quantum computing software solutions	$28M	Lightspeed Venture Partners, IBM & 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 & 8 others	60/100
7th	Cambridge Quantum 2014, London (United Kingdom), Series C	Provider of AI-based software for quantum computing	$95M	IBM, Honeywell & 6 others	54/100
8th	Zapata Computing, Inc. 2017, United States, Funding Raised	Provider of quantum software solutions	-	-	47/100
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	BEIT 2016, Krakow (Poland), Seed	Developer of quantum computer algorithms	$1.4M	Kindred Capital, Bloomberg L.P. & 8 others	43/100