CIX Top 20: D-Wave Systems Inc.

Posted by Rob Lewis

Newly minted CEO of D-Wave Systems Vern Bromwell stepped up in the #5 slot at today's CIX Top 20 and gave the VC-heavy audience a quick tutorial on quantum computing. Based in Burnaby, BC, D-Wave Systems is pioneering the development of a new class of high-performance computing system designed to solve complex search and optimization problems, with an initial emphasis on synthetic intelligence and machine learning applications.

D-Wave is currently in the R&D phase of designing, fabricating, testing and operating AQCs and the software systems required to program and use them.  Initially, D-Wave will target sales of systems to institutions who wish to conduct cutting edge research in experimental and theoretical quantum information science.

D-Wave is a privately held corporation. Since their founders' round in May 1999, they have raised $70 Million from institutional investors including Draper Fisher Jurvetson, Goldman Sachs, GrowthWorks Capital, and BDC Venture Capital.

D-Wave Systems
Vancouver, British Columbia, Canada

Founded in 1999, D-Wave's mission is to integrate new discoveries in physics and computer science into breakthrough new approaches to computation. The company's flagship product, the D-Wave OnTM, is built around a novel type of superconducting processor that uses quantum mechanics to massively accelerate computation. In 2010 Lockheed Martin purchased serial number 1, completing the historic world?s first sale of a... more

Related Articles

blog comments powered by Disqus

Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

Who's Hiring

Recent Comments

Powered by Disqus