Classiq announced raising $110 million in Series C funding, the largest ever for a quantum software company. The round was led by Entree Capital, with participation from Norwest, NightDragon, funds managed by Hamilton Lane (HLNE), Clal, Neva SGR, Phoenix, Team8, IN Venture, Wing, HSBC, Samsung Next and QBeat, as well as other new and existing investors. This investment brings Classiq’s total funding to $173 million, positioning the company to meet growing demand by significantly scaling its go-to-market, customer success and R&D teams. Classiq will expand its global footprint to broaden its leading role in national quantum initiatives and as a cornerstone of the quantum ecosystem.
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