Strangeworks, based in Austin, TX, builds and delivers tools to make quantum computing accessible for software developers and researchers. It also provides systems management solutions targeted at IT administrators and CIOs. The company was founded by William Hurley. Strangeworks raised $24M in a Series A funding round. The company intends to use the funds to expand its core team and to broaden its technology offerings beyond quantum computing into quantum-inspired, performance computing, and artificial intelligence. Investors in the round include Hitachi Ventures, IBM and Raytheon Technologies, with participation from Lightspeed Venture Partners, Great Point Ventures, and Ecliptic Capital. Strangeworks, based in Austin, Texas, builds quantum computing software and tools targeted at four industry verticals: aerospace, energy, finance and pharmaceuticals. The company has established partnerships within the quantum ecosystem, including a role in the IBM Q Network. It partnered with Stack Overflow to help build a quantum community and launched the Quantum Computing Stack Exchange. Strangeworks also collaborated with CERN to create the CERN Entrepreneurship Student Programme (CESP). Led by William Hurley, Justin Youens and David Cardona, the company is positioning its platform around developer and enterprise engagement. The recent seed funding will support continued product and community development.

Total raised

$28M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2023