Aliro Quantum, a Boston, MA-based company developing entanglement-based quantum networks, completed a funding round of undisclosed amount.
The round was led by Flybridge Leaders Fund and Accenture Ventures.
The company intends to use the funds to increase funding in research and development as well as expand its go-to-market programs and professional services offerings to boost its ability to help utility companies, telecommunications providers, public sector organizations, enterprises, and researchers, among others, to design and deploy multipurpose entanglement-based secure networks.
Led by CEO Jim Ricotta and Dr. Narang, Founder and CTO, Aliro Quantum, The Quantum Networking Company™, offers AliroNet™ to emulate, pilot, and deploy entanglement-based quantum networks that are capable of running a wide variety of applications from secure communications to clustered quantum computing and distributed quantum sensing. Spun out of NarangLab at Harvard University, Aliro employs experts in quantum and classical networking to offer the foundational technologies needed for organizations around the world to build scalable and powerful distributed quantum systems.
AliroNet™ users include utility companies, telecommunications providers, public sector organizations, enterprises, and researchers who are simulating, designing, piloting, orchestrating, and building the world’s first entanglement-based quantum networks.
FinSMEs
10/10/2023