Cambridge, UK, December 16, 2020 — Cambridge Quantum Computing (CQC), a specialist in quantum software and quantum algorithms designed to leverage quantum hardware, today announced it will apply much of its recent fundraise on helping clients achieve near-term quantum solutions in their businesses. Last week the company announced a $45 million financing, the largest private investment ever announced for a quantum software company, according to independent industry sources.  Quantum hardware developers IBM and Honeywell joined leading international investment firms in the financing.

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