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Founded Year

1980

Stage

Loan | IPO

Total Raised

$7.5M

Market Cap

0.05B

Stock Price

0.48

About Quantum

Quantum is a company that focuses on managing and preserving unstructured data in various sectors. The company offers high-performance platforms, data protection and archiving services, and AI-enabled workflow management, among other services, to help clients store, manage, protect, archive, and analyze their data across its entire lifecycle. Quantum primarily serves sectors such as hyperscale cloud providers, media and entertainment, government, life sciences, retail, education, energy, manufacturing, and financial services. It was founded in 1980 and is based in San Jose, California.

Headquarters Location

224 Airport Parkway Suite 550

San Jose, California, 95110,

United States

408-944-4000

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Expert Collections containing Quantum

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Quantum is included in 1 Expert Collection, including Conference Exhibitors.

C

Conference Exhibitors

5,302 items

Quantum Patents

Quantum has filed 930 patents.

The 3 most popular patent topics include:

  • spectroscopy
  • quantum mechanics
  • quantum information science
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/13/2022

2/13/2024

Atomic physics, Quantum mechanics, Spectroscopy, Electromagnetism, Electromagnetic radiation

Grant

Application Date

9/13/2022

Grant Date

2/13/2024

Title

Related Topics

Atomic physics, Quantum mechanics, Spectroscopy, Electromagnetism, Electromagnetic radiation

Status

Grant

Latest Quantum News

IQM Quantum Reports Benchmarks on 20-Qubit System  – High-Performance Computing News Analysis | insideHPC

Feb 21, 2024

Views: 0 Espoo, Finland, 20th February 2024 – IQM Quantum Computers  announced it has achieved its latest benchmarks measured on its 20-qubit quantum computer. Among the system-level benchmarks IQM obtained: Quantum Volume (QV) of 2^5=32 Circuit Layer Operations Per Second (CLOPS) of 2600 20-qubit GHZ state with fidelity greater than 0.5 Q-score of 11 Quantum volume (QV) is a benchmark that ties together scale (number of qubits) and quality (gate fidelity) into one number. It measures the largest “square shaped” random circuit that we can compute successfully, and to improve on the metric we must simultaneously have enough qubits and push our gate fidelity. Circuit Layer Operations Per Second (CLOPS) is based on the same random circuits as QV, but it measures the throughput speed of the quantum computer. The GHZ state is an entangled state of many qubits. Creating large-scale entanglement is one of the foundational tasks a quantum computer must be able to perform to beat classical computers. If the GHZ state fidelity is greater than 0.5, “we can be sure that there was some genuine multiqubit entanglement present in the system.” Q-score on the other hand directly measures the quantum computer’s performance on Max-Cut, a real combinatorial optimization task, indicating up to which scale the problem can be solved using the quantum computer. At the core of quantum computing technology is the challenge of achieving quality and scale at the system level, the company said. The recent advances were achieved by bringing together key technology building blocks, including the Quantum Processing Units (QPUs) fabricated at IQM’s quantum chip fabrication facility as the core. The chip is based on IQM’s tunable-coupler concept , enabling fast two-qubit gate speed and state-of-the-art fidelity. Integrated with in-house-developed high-quality control electronics, the 20-qubit processor demonstrates a median two-qubit (CZ) gate fidelity of 99.51% across 30 qubit pairs, with maximum fidelity over a single pair reaching as high as 99.8 percent. Commenting on the achievement, the Head of Engineering and Development at IQM Quantum Computers, Dr. Juha Hassel, said: “This is clear evidence of the functionality and quality of our technology, laying the groundwork for our mission to build quantum computers for the well-being of humankind that can deliver value to our customers.” He explained that the target of IQM ’s technical roadmap is higher system performance and scale. “We are already working with prototype systems up to 150 qubits, and the learnings from the smaller systems provide valuable validation of the basic technology choices. We want our end-users to have a system that delivers high performance to provide maximum value,” he added. He concluded that with quantum technology receiving interest and investment from both public and private investors, these performance increases are poised to accelerate.

Quantum Frequently Asked Questions (FAQ)

  • When was Quantum founded?

    Quantum was founded in 1980.

  • Where is Quantum's headquarters?

    Quantum's headquarters is located at 224 Airport Parkway, San Jose.

  • What is Quantum's latest funding round?

    Quantum's latest funding round is Loan.

  • How much did Quantum raise?

    Quantum raised a total of $7.5M.

  • Who are the investors of Quantum?

    Investors of Quantum include Paycheck Protection Program, Kleiner Perkins Caufield & Byers and Mayfield.

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