QIZSecurity received US$17 million in seed round to accelerate post-deployment quantum encryption security

According to PRNewswire, QIZSecurity announced that it has completed a US$17 million seed round of financing, led by Bessemer Ventures and MerlinVentures, with participation from EvolutionEquity Partners, QbeatVentures, SingtelInnov8, QinoCyberCapital and others. The company is positioned as a cryptographic asset and post-quantum cryptography (PQC) management platform, providing continuous cryptographic asset discovery, risk modeling and governance, helping large financial, communications, medical and critical infrastructure customers achieve "cryptographic agility", responding to the earliest or The quantum computing "Q-Day" risk that appears in 2029 and can crack existing cryptographic systems, and cooperates with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, IBM, etc. to promote enterprise quantum security migration planning.