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D-Wave Systems

D-Wave Systems

D-Wave Systems is a Canadian company that designs and manufactures quantum computing and superconducting electronics, and AI software.

OverviewStructured DataIssuesContributorsActivity

Contents

OverviewCompany TimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
dwavesys.com...es.html
dwavesys.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Quantum computing
Quantum computing
Semiconductor
Semiconductor
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Computer hardware
Computer hardware
Loading...
Quantum technology
Quantum technology
Hardware
Hardware
Technology
Technology
...
Location
Burnaby
Burnaby
Canada
Canada
B2X
B2B
B2B
CEO
‌
Alan Baratz
Founder
‌
Eric Ladizinsky
‌
Haig Farris
Geordie Rose
Geordie Rose
‌
Bob Wiens
‌
Alexandre Zagoskin
AngelList URL
angel.co/d-wave-systems
Legal Name
D-Wave Systems Inc.
Date Incorporated
2003
Spun Out From
Quadrant (company)
Quadrant (company)
Number of Employees (Ranges)
51 – 200
Email Address
info@dwavesys.com
Full Address
3033 BETA AVENUE BURNABY, BRITISH COLUMBIA, CANADA V5G 4M9
CIK Number
1,547,061
Investors
DFJ
DFJ
Goldman Sachs
Goldman Sachs
Fidelity Ventures
Fidelity Ventures
In-Q-Tel
In-Q-Tel
BC Investment Management
BC Investment Management
PenderFund Capital Management
PenderFund Capital Management
PSP Investments
PSP Investments
Kensington Capital
Kensington Capital
...
DUNS Number
079382814
Founded Date
1999
Total Funding Amount (USD)
185,716,985
105,716,985
Latest Funding Round Date
August 2022
December 2019
Competitors
ColdQuanta Inc
ColdQuanta Inc
Wallet.Services
Wallet.Services
IonQ
IonQ
Exchange
New York Stock Exchange
New York Stock Exchange
7
CTO
Geordie Rose
Geordie Rose
Key People
Geordie Rose
Geordie Rose
Latest Funding Type
Initial public offering (IPO)
Initial public offering (IPO)
Series C
Series C
NAICS Code
518,210
Patents Assigned (Count)
180
Wellfound ID
d-wave-systems
Country
Canada
Canada
Headquarters
Burnaby
Burnaby

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
9,662,089
40,000,000
Wikidata ID
Q5203294
Overview

D-Wave is a leader in the development of quantum computing systems, software, and services. They were the first company to supply commercial quantum computers. D-Wave’s quantum computers utilize quantum dynamics to accelerate and enable new methods for solving discrete optimization, sampling, material science, and machine learning problems. Their technology uses a process called quantum annealing that harnesses the natural tendency of real-world quantum systems to find low-energy states.

D-Wave’s systems are being used by organizations, including Lockheed Martin, Google, NASA Ames, Volkswagen, DENSO, USRA, USC, Los Alamos National Laboratory, and Oak Ridge National Laboratory. Users have developed applications in areas such as:

  • Optimization
  • Machine learning
  • Pattern recognition and anomaly detection
  • Cybersecurity
  • Image analysis
  • Financial analysis
  • Software/hardware verification and validation
  • Bioinformatics/cancer research
  • Traffic flow
  • Manufacturing processes
  • Internet advertising placement

In 2018, D-Wave launched Leap™, a quantum cloud service and Quantum Application Environment (QAE), that allows access to a live quantum computer. Clients gain access to open-source development tools, interactive demos, educational resources, and knowledgebase articles.

As well as quantum systems and software, D-Wave provides quantum-inspired machine learning services, application development services, and custom fabrication of superconducting circuits.

Company

The company was founded in 1999 by Haig Farris (Former Chairman), Geordie Rose (Former CEO/CTO), Bob Wiens, and Alexandre Zagoskin (Former Chief Scientist). Headquartered in Burnaby, British Columbia, D-Wave has offices in Palo Alto, California, Hanover Maryland, London, United Kingdom, and Tokyo, Japan.

D-Wave Systems has raised a total of $204.7M in funding over 15 rounds. They have received over $75 million worth of customer contracts from quantum systems sales and subscriptions.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Status Page - D-Wave Systems

https://status.dwavesys.com/

Web

February 12, 2022

References

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