Shasta Ventures Leads Series A Round in Quantum-Safe Security Leader ISARA Corp. with $10 Million USD Investment : Partnership

ISARA Corp., the world’s leading provider of agile quantum-safe security solutions, today announced that Shasta Ventures, a Silicon Valley venture capital firm focused on early-stage companies, is leading a Series A financing round with a $10 million USD investment.

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Quantum computing is advancing at a rapid pace. That is why it is important to start analyzing and protecting from the threat it poses to current public key infrastructure. Enterprise security provider BlackBerry recognizes the urgency and has planned to off quantum-safe solutions to its customers.

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On October 4th, 2018, BlackBerry announced that they will be embedding the ISARA Radiate™ Security Solutions Suite to provide quantum-safe code-signing capabilities as a product in their cryptography array.

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The importance of planning ahead for the quantum threat grows every day as advancements are made in quantum computing. Recently, BlackBerry announced that they will be integrating the ISARA Radiate Security Solution Suite to offer a quantum-safe code signing server as part of their cryptographic product range.

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Hardware security modules (HSM) and digital certificates are critical pieces of technology in securing today’s online transactions and communications. Our partnership with DigiCert and Gemalto aims to create a quantum-safe digital certificate and secure key management solution.

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Preparing for the impact quantum computing will have on today’s security infrastructure will take several years. For devices requiring embedded ‘roots of trust’ that will have lifetimes of 10+ years (well into the estimated quantum computing era), the time to make them quantum-safe is now.

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We know that as quantum computers begin to grow in qubit count, they become more powerful. A quantum computer strong enough to crack modern-day public key cryptography, which acts as the backbone of today’s secure interactions over the internet, is estimated to be five to 15 years away. Therefore, the importance of protecting against the quantum threat grows greater every day.

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DigiCert Inc., the world’s leading provider of scalable PKI solutions for identity and encryption, Gemalto, a global leader in digital security, and ISARA Corp., the leading provider of quantum-safe security solutions, today announced a partnership to develop advanced quantum-safe digital certificates and secure key management for connected devices commonly referred to as the Internet of Things (IoT).

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ISARA Corporation, the leading provider of security solutions for the quantum computing age, and Utimaco Inc., a worldwide provider of cybersecurity solutions, announced today that they successfully ran quantum-safe hash, lattice and multivariate-based digital signature algorithms for a Hardware Security Module (HSM) in initial laboratory testing.

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ISARA’s partnership with BlackBerry will concentrate on further developing quantum-safe cryptography. With the understanding that quantum computers “could be a reality in the next 10 years,” ISARA is focusing on developing and integrating this secure cryptography today. Read the complete article on Mobilesyrup.

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