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QIZ Security secures $17 million in seed funding to accelerate post-quantum encryption security.

2026-07-09 16:41:18

Abstract generation in progress

ME News: On July 10 (UTC+8), QIZ Security announced the completion of a $17 million seed funding round, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, Qino Cyber Capital, and others. The company is positioned as a crypto asset and post-quantum cryptography (PQC) management platform, providing continuous crypto asset discovery, risk modeling, and governance to help large financial, telecommunications, healthcare, and critical infrastructure clients achieve 'crypto agility' in response to the quantum computing 'Q-Day' risk, which could emerge as early as 2029 and break existing encryption systems. It also collaborates with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, IBM, and others to drive enterprise quantum-safe migration planning. (Source: PANews)

CSCO3.98%

CRWD3.81%

IBM-2.24%

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