ISARA develops agile quantum-safe solutions that allow OEMs, large organizations and governments to prepare for the quantum threat and protect data and infrastructure today. The company builds hybrid security that permits classical and quantum-safe algorithms to coexist on the same certificate, enabling cryptographic agility. Its product offerings include the ISARA Radiate™ Quantum-safe Toolkit and ISARA Catalyst™ agile technologies, which simplify integration for developers and OEMs in a standards-based environment. ISARA collaborates with partners including BlackBerry, Volkswagen Group, DigiCert, Gemalto and Utimaco and participates in international standards-setting efforts. Financially, ISARA secured a $7.2M strategic investment from Canada's Strategic Innovation Fund that supplements initial Canadian funding and a $10M Series A led by Shasta Ventures, with early backing from Mike Lazaridis' Quantum Valley Investments. The company was co-founded in 2015 by former BlackBerry security executives and is based in Waterloo, Ontario. ISARA Corp is a cybersecurity company based in Waterloo, Ontario that specializes in production-ready quantum-safe security solutions designed to protect communications and data from future quantum threats. Its core product set provides agile quantum-safe technologies to enable a seamless, cost-effective and simplified migration from classical to quantum-safe systems. ISARA positions its offerings for solution providers, enterprises and governments and says its solutions work within today’s computing ecosystems. The company is scaling globally and is ramping up capabilities through strategic initiatives with partners including Cisco, DigiCert, Gemalto and Volkswagen AG. Scott Totzke, ISARA’s CEO, is quoted on the company’s role in enabling secure adoption of quantum technologies. Financially, ISARA previously received $11.5M in initial capital from Quantum Valley Investments and has announced new growth funding to support global expansion.

Total raised

$17M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2019