Strangeworks, an Austin, TX-based computing software company, raised $24M in Series A funding.
The round was led by Hitachi Ventures, IBM and Raytheon Technologies with participation from Lightspeed Venture Partners, Great Point Ventures, and Ecliptic Capital.
Founded by William Hurley, Strangeworks is a computing software company. It is currently making quantum computing accessible by building and delivering tools for software developers and researchers, and systems management for IT Administrators and CIOs.
The company intends to use the funds to expand its core team by 40% in Q4 2022 and to offer a wider range of technologies beyond quantum computing, including quantum-inspired, performance computing, and artificial intelligence.
