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Crypto Security Startup PQShield Completes $37 million Series B Funding

Crypto-security startup PQShield announced the completion of a $37 million Series B funding round led by Addition, with participation from Braavos Capital, Legal & General, and Chevron Technology Ventures. PQShield's technology aims to make encryption systems safe from quantum-based computer hackers. Its well-known clients include Nvidia and AMD. It is reported that the new funds will be used to hire more employees and promote closer working relationships with partners and customers.

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2024-06-23 11:36:32