(Technical.li.dc) Quantum Xchange has been named to Technical.ly DC’s RealLIST Startups 2021 list of most promising local tech companies in the Washington, DC area.
These are the local startups that Technically.dc thinks will make waves this year via landing funding, excelling on their missions, hiring employees, meeting goals and more. The staff curates the trusted list each January by sifting through past coverage, social media, nominations, dry searches on Google and other tactics.
Quantum Xchange is #4 on the list with this description: Bethesda, Maryland-based Quantum Xchange, developer of advanced encryption technology and products, is innovating in cybersecurity by using quantum mechanics to better protect transmitted data. This month, the company closed a $13.5 million Series A and welcomed some new C-suite executives including Eddy Zervigon as its new CEO, Holly Neiweem as CFO and Shahryar Shaghaghi as CTO. Quantum Xchange has raised roughly $24 million in venture capital since it launched in 2018, and it currently employs 10 full-timers. The company has plans to expand its products this year and add to its advisory board.