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Arqit
Symmetric encryption for the cloud
- 101-200 employees
- B2B
- Privacy
- SaaS
- Cyber Security
- London, UK
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Company mission
To use transformational quantum encryption technology to keep safe the data of our governments, enterprises and citizens
96% employee growth in 12 months
Our take
Arqit is a pioneering cyber security technology. Their QuantumCloud (Arqit's product) enables any device to download a software agent that can create limitless volumes of secure keys.
The fast expansion of blockchain in the financial services sector has made it imperative for digital assets to be quantum safe in order to survive increased scrutiny as computing evolves. Arqit aims to eliminate the threat of cyber-attack and data theft through their quantum encryption tool.
Arqit recently completed its business combination with Centricus Acquisition Corp, a London-based investment firm, and is now trading on the NASDAQ. Despite only launching in 2021,, Arqit’s Platform-as-a-Service encryption product has already managed to gain numerous customers in sectors such as telecoms, defence, financial services and automation, with BT signing-on to become Arqit’s exclusive reseller in the UK.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Best practice maternity/paternity support benefits
- Support for chartership programmes in relevant professional disciplines
- Lifelong professional development and training for all employees
- Mentoring and coaching programmes for all employees
- An open and respectful culture, where you are judged only by the long-term value of your contribution
Funding (2 rounds)
Oct 2020
$10.8m
SERIES A
Mar 2018
$1.3m
SEED
Total funding: $12.1m
Leadership
David Williams
(Co-founder)Previously banker at Chase Manhattan Corporation, then at CIBC World Markets and later at Babcock & Brown. Chief Executive and Founder at Avanti Communications Group PLC between the year 2000 and 2017.
David Bestwick
(Co-founder & CTO)He earned a BSc Honours degree in Astrophysics from the University of Leicester and has a wide range of experience in commercialising disruptive technologies, working at IBM laboratories, Hewlett Packard and being co-founder and CTO of Virtusa Xlabs and Avanti Communications.