Cybersecurity

Quantum Startup Backed by BlackBerry Co-Founder Gets $10 Million

  • Isara’s encryption designed to resist quantum computer hacks
  • Silicon Valley VC firm Shasta Ventures leads funding round
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A Canadian startup backed by BlackBerry Ltd. co-founder Mike Lazaridis has raised $10 million to fund further growth.

Silicon Valley venture capital firm Shasta Ventures led the investment round in Isara Corp., which sells encryption technology to protect data from the threat of hackers armed with quantum computers.