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Primeur weekly 2017-04-03

Focus

Luxembourg capital of supercomputing in Europe ...

Quantum computing

Quantum communication: How to outwit noise ...

Rigetti Computing raises $64 million in Series A and B funding, led by Andreessen Horowitz and Vy Capital ...

Focus on Europe

HPC Summit Week 2017 in Barcelona to gather main HPC stakeholders in Europe ...

Six High Performance Computing centres in the UK to be officially launched ...

It is easier for a DNA knot ...

Prof. Dieter Kranzlmüller is new Chairman of the Board of Directors at Leibniz Supercomputing Centre ...

GW4 world-first ARM based production supercomputer launched at national exhibition in the UK ...

Middleware

New version of Univa Grid Engine 2x faster than Sun Grid Engine 6.2u5 ...

Huawei and Altair sign MoU to jointly pursue High-Performance Computing (HPC) opportunities and build industrial simulation Cloud solutions ...

Hardware

New HPC installation to deploy Asetek liquid cooling solution ...

HPE to acquire Nimble Storage to strengthen leadership in hybrid IT ...

New Supermicro rack scale design brings open management for on-demand Cloud scale data centres ...

Supermicro launches new Intel Optane SSD optimized platforms ...

GBP 3 million awarded to Oxford-led consortium for national machine learning computing facility ...

EPCC invests GB 2.4 million in Tier-2 Cirrus system ...

Eurotech continues to lead innovation in embedded and high-performance computing: New designs featuring 2nd generation Intel Xeon Phi and Intel Atom E39XX ...

Officials dedicate Ohio OSC's newest, most powerful supercomputer ...

USC's Information Sciences Institute tapped to produce computing chips technology ...

Applications

Supercomputer puts Colombia on fast track to designing new HIV drugs, science and engineering discovery ...

SDSC announces Annual Supercomputing & Data Science Workshop ...

IBM patents cognitive system to manage self-driving vehicles ...

Cryo-electron microscopy achieves unprecedented resolution using new computational methods ...

Psychologists enlist machine learning to help diagnose depression ...

A seismic mapping milestone ...

Information storage with a nanoscale twist ...

Nanomagnets for future data storage ...

Researchers shoot for success with simulations of laser pulse-material interactions ...

A system based on data science to predict student dropouts ...

The Cloud

Oracle unveils industry-first Cloud Converged Storage to help organisations bridge on-premises and Oracle Cloud storage ...

Rigetti Computing raises $64 million in Series A and B funding, led by Andreessen Horowitz and Vy Capital


Chad Rigetti, Founder and CEO of Rigetti Computing
28 Mar 2017 Berkeley - Rigetti Computing, a quantum computing start-up, has raised $64 million in Series A and B funding. The Series A round of $24 million was led by Andreessen Horowitz. Vijay Pande, general partner at Andreessen Horowitz, has been appointed to Rigetti's Board of Directors, joining Rigetti CEO Chad Rigetti and angel investor Charlie Songhurst. The Series B round of $40 million was led by Vy Capital, followed by Andreessen Horowitz.

Major investors in both rounds include Y Combinator's Continuity Fund, Data Collective, FF Science, AME Cloud Ventures, Morado Ventures, and WTI. Institutional investors in Series A include Sutter Hill Ventures, Susa Ventures, Streamlined Ventures, Lux Capital, and Bloomberg Beta.

The latest round brings the total amount of venture funding raised by Rigetti to $69.2 million.

"Quantum computing will enable people to tackle a whole new set of problems that were previously unsolvable", stated Chad Rigetti, founder and chief executive officer of Rigetti Computing. "This is the next generation of advanced computing technology. The potential to make a positive impact on humanity is enormous."

"We will use the funding to expand our business and engineering teams and continue to invest in infrastructure to manufacture and deploy our quantum integrated circuits", Chad Rigetti added.

Quantum computers store and process information using individual photons, enabling dramatically greater computational power and energy efficiency. Rigetti Computing has taken a highly interdisciplinary approach to developing the technology, with a team from diverse backgrounds in computer science, engineering, physics, and chemistry.

"Quantum computing has promised breakthroughs in computing for decades but has so far remained elusive", stated Vijay Pande, Andreessen Horowitz general partner and Rigetti Board member. "Rigetti has assembled an impressive team of scientists and engineers building the combination of hardware and software that has the potential to finally unlock quantum computing for computational chemistry, machine learning and much more."
Source: Rigetti Computing

Back to Table of contents

Primeur weekly 2017-04-03

Focus

Luxembourg capital of supercomputing in Europe ...

Quantum computing

Quantum communication: How to outwit noise ...

Rigetti Computing raises $64 million in Series A and B funding, led by Andreessen Horowitz and Vy Capital ...

Focus on Europe

HPC Summit Week 2017 in Barcelona to gather main HPC stakeholders in Europe ...

Six High Performance Computing centres in the UK to be officially launched ...

It is easier for a DNA knot ...

Prof. Dieter Kranzlmüller is new Chairman of the Board of Directors at Leibniz Supercomputing Centre ...

GW4 world-first ARM based production supercomputer launched at national exhibition in the UK ...

Middleware

New version of Univa Grid Engine 2x faster than Sun Grid Engine 6.2u5 ...

Huawei and Altair sign MoU to jointly pursue High-Performance Computing (HPC) opportunities and build industrial simulation Cloud solutions ...

Hardware

New HPC installation to deploy Asetek liquid cooling solution ...

HPE to acquire Nimble Storage to strengthen leadership in hybrid IT ...

New Supermicro rack scale design brings open management for on-demand Cloud scale data centres ...

Supermicro launches new Intel Optane SSD optimized platforms ...

GBP 3 million awarded to Oxford-led consortium for national machine learning computing facility ...

EPCC invests GB 2.4 million in Tier-2 Cirrus system ...

Eurotech continues to lead innovation in embedded and high-performance computing: New designs featuring 2nd generation Intel Xeon Phi and Intel Atom E39XX ...

Officials dedicate Ohio OSC's newest, most powerful supercomputer ...

USC's Information Sciences Institute tapped to produce computing chips technology ...

Applications

Supercomputer puts Colombia on fast track to designing new HIV drugs, science and engineering discovery ...

SDSC announces Annual Supercomputing & Data Science Workshop ...

IBM patents cognitive system to manage self-driving vehicles ...

Cryo-electron microscopy achieves unprecedented resolution using new computational methods ...

Psychologists enlist machine learning to help diagnose depression ...

A seismic mapping milestone ...

Information storage with a nanoscale twist ...

Nanomagnets for future data storage ...

Researchers shoot for success with simulations of laser pulse-material interactions ...

A system based on data science to predict student dropouts ...

The Cloud

Oracle unveils industry-first Cloud Converged Storage to help organisations bridge on-premises and Oracle Cloud storage ...