D-Wave Quantum
Palo Alto, California, United States · Artificial Intelligence, Consulting, Cyber Security
D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. The company is the world’s first commercial supplier of quantum computers, building both annealing quantum computers and gate-model quantum computers. Their mission is to unlock the power of quantum computing today to benefit business and society.
Key facts
- Headquarters
- Palo Alto, California, United States
- Employees
- 220
- Industries
- Artificial Intelligence, Consulting, Cyber Security
- Status
- Public (QBTS)
- Website
- d-wavequantum.com
- Company page
Recent activity at D-Wave Quantum
- : SEC 8-K (7.01): On October 1, 2026, D-Wave Quantum Inc. launched its gate-model quantum computing simulator beta program, representing a significant advancement in the company's gate-model development roadmap. This beta program allows select customers to access the simulator prior to its full release, enabling them to experiment with error-aware programming and build quantum applications in preparation for upcoming gate-model systems. The simulator leverages D-Wave's dual-rail superconducting technology, aimed at improving efficiency through enhanced error detection.
- : D-Wave Quantum Inc. Appoints Bernard Gavgani as Independent Director
- : SEC 8-K (5.02): On September 18, 2026, D-Wave Quantum Inc. appointed Bernard Gavgani as an independent Class II director of the Board. His appointment is effective immediately and will last until the Company's 2027 Annual Meeting of Stockholders, or until a successor is duly elected and qualified. Mr. Gavgani will also serve on the Cybersecurity Committee. His compensation will align with that of other non-employee directors within the company, reflecting standard governance practices.
- : SEC 8-K (7.01): On September 16, 2026, D-Wave Quantum Inc. announced its plans to host 'Qubits Asia 2026: Quantum Realized', a full-day quantum computing user conference scheduled for October 28, 2026, in Seoul. The event will highlight the growing impact of quantum computing within the Asia-Pacific region, focusing on production applications that tackle complex business issues and research aimed at advancing scientific discovery. D-Wave will showcase the latest developments in its annealing and gate-model technologies, bringing together executives, customers, researchers, and industry leaders to discuss these innovations and their implications for future advancements in quantum computing.
- : SEC 8-K (8.01): On September 10, 2026, D-Wave Quantum Inc. filed a prospectus supplement to its previously filed registration statement covering the resale of 7,095,721 shares of the Company's common stock by the United States Department of Commerce. This filing is significant as it relates to the potential liquidity and market impact of these shares once sold. The legal opinion regarding this transaction was provided by the law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, ensuring compliance with the necessary securities regulations.
- : D-Wave Quantum Secures $1.57 Million Grant from NSF
- : D-Wave Quantum Inc. Announces Chief Financial Officer's Retirement
- : SEC 8-K (5.02): On August 19, 2026, John Markovich, the Chief Financial Officer of D-Wave Quantum Inc., announced his intention to retire, resigning from his position effective September 2, 2026. Markovich has significantly contributed to the company's success over the last five years, including playing a crucial role in the company's public offering in 2022 and raising over $900 million in capital. His departure is expected to impact the management structure and strategic direction of D-Wave, necessitating a transition plan to fill the CFO position and maintain financial stability during leadership changes.
- : AT&T Expands Partnership with D-Wave to Integrate Quantum Technology for Enhanced Network Operations.
- : D-Wave and AT&T Expand Agreement to Enhance Quantum Computing Utilization
D-Wave Quantum funding history
| Date | Round | Amount |
|---|---|---|
| Jan 2026 | Venture | $275.0M |
| Jul 2025 | Post-IPO Equity | $400.0M |
Leadership
- Alan Baratz, President and CEO
- Bernard Gavgani, Director
- John Markovich, Chief Financial Officer
- Dr. Alan Baratz, Chief Executive Officer
- Mike Brown, Senior Principal Recruiter
- Allison Schwartz, Global Government Relations and Public Affairs Leader
- Alex Gunter, Staff Technical Recruiter
- Nicolo Dulles, Senior Business Development Executive
- John Markovich, Chief Financial Officer
- Gastao Figueiredo, VP, GTM Operations
- Stan Black, Chief Information Security Officer
- John Markovich, Chief Financial Officer
Verified email and direct lines for D-Wave Quantum’s decision-makers are on Fundz. See plans
D-Wave Quantum in the news
- Why D-Wave's Two-Qubit Gate Matters for Quantum Error Correction - D-Wave Quantum Computing (Aug 05, 2026)
- D-Wave Quantum (NASDAQ: QBTS) Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100M to Accelerate U.S. Leadership in Quantum Computing - USA Today (Sep 15, 2026)
- D-Wave Quantum (QBTS) to Report First Quarter FY2026 Financial Results on May 12 - NewMediaWire (Apr 24, 2026)
- Why Error Awareness Matters: A Faster Path to Fault-Tolerant Quantum Computing - D-Wave Quantum Computing (Jul 03, 2026)
- D-Wave Certified as a Great Place To Work® Company - 01net (Jun 04, 2026)
- D-Wave Quantum (QBTS) and Department of Commerce Sign Letter of Intent for $100M in CHIPS and Science Act Funding - NewMediaWire (May 26, 2026)
- Is Quantum Computing a Fit for Your Business? The Seven Questions to Ask Now - D-Wave Quantum Computing (May 09, 2026)
- Beyond Classical: D-Wave First to Demonstrate Quantum Supremacy on Useful, Real-World Problem - D-Wave Quantum Computing (Mar 12, 2025)
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About D-Wave Quantum: questions and answers
What does D-Wave Quantum do?
D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. The company is the world’s first commercial supplier of quantum computers, building both annealing quantum computers and gate-model quantum computers. Their mission is to unlock the power of quantum computing today to benefit business and society.
Where is D-Wave Quantum headquartered?
D-Wave Quantum is headquartered in Palo Alto, California, United States.
How many employees does D-Wave Quantum have?
D-Wave Quantum has about 220 employees.
Has D-Wave Quantum raised funding?
Yes. Fundz has recorded 2 funding events for D-Wave Quantum. The most recent, $275.0M, was in Jan 2026.
Who leads D-Wave Quantum?
Alan Baratz is a President and CEO at D-Wave Quantum.
What is the latest news on D-Wave Quantum?
On Oct 01, 2026, SEC 8-K (7.01): On October 1, 2026, D-Wave Quantum Inc. launched its gate-model quantum computing simulator beta program, representing a significant advancement in the company's gate-model development roadmap. This beta program allows select customers to access the simulator prior to its full releas
Is D-Wave Quantum a public company?
Yes. D-Wave Quantum is publicly traded under the ticker QBTS.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy