D-Wave Systems

D-Wave Systems

Provides quantum computing solutions for industries

About D-Wave Systems

Simplify's Rating
Why D-Wave Systems is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Industrial & Manufacturing

AI & Machine Learning

Biotechnology

Company Size

201-500

Company Stage

IPO

Headquarters

Burnaby, Canada

Founded

1999

Overview

D-Wave Systems Inc. focuses on quantum computing solutions for industries like manufacturing, logistics, biotech, and pharmaceuticals. Their technology helps businesses solve complex problems, such as optimizing scheduling and resource allocation, and aids in drug discovery and early disease detection. D-Wave offers access to their quantum computing through hardware, software, and cloud services, while also supporting a community of developers. Their latest prototype, Advantage2, enhances performance for optimization tasks, aiming to improve efficiency and innovation in business operations.

Simplify Jobs

Simplify's Take

What believers are saying

  • D-Wave secured $175 million to enhance quantum development and market strategies.
  • Partnerships with industry giants like NTT DOCOMO boost their market presence.
  • Quantum Machine Learning is gaining traction, benefiting D-Wave's technology applications.

What critics are saying

  • Competition from tech giants like Google and IBM threatens D-Wave's market position.
  • Rapid technological advancements may render D-Wave's current technology obsolete.
  • High costs may limit quantum computing adoption among smaller businesses.

What makes D-Wave Systems unique

  • D-Wave is the first commercial supplier of quantum computers globally.
  • They uniquely offer both annealing and gate-model quantum computers.
  • Their Advantage2 prototype offers 20x faster solutions for complex optimization problems.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$895M

Above

Industry Average

Funded Over

12 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Unlimited Paid Time Off

Parental Leave

Flexible Work Hours

Telehealth and Telemental Health

Learning and Development Opportunities

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↓ -3%
Automotive World
Mar 31st, 2025
In production: Ford Otosan deploys vehicle manufacturing application built with D-Wave technology

Ford Otosan collaborated with D-Wave to simplify elements of its manufacturing processes, including the optimization of its production sequencing.

CoinTrust
Mar 22nd, 2025
Quantum-Enhanced Blockchain: D-Wave Unveils Proof of Quantum Work

D-Wave Quantum Inc. has introduced a pioneering blockchain framework that integrates quantum computing capabilities with traditional blockchain technology.

La Noticia Digital
Feb 18th, 2025
Quantum Leap: How D-Wave's New Tech Revolutionizes Farming

This is no longer a distant dream but a burgeoning reality, as D-Wave Quantum Inc. partners with Staque, an innovative force in AI and blockchain, to unveil a cutting-edge hybrid-quantum application.

BetaKit
Jan 22nd, 2025
Canadian Quantum Commercialization And Research Projects Get Federal Funding Boost

Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects

BetaKit
Jan 9th, 2025
D-Wave Ceo Says Nvidia Ceo Jensen Huang Is “Dead Wrong” About Quantum Computing

Huang sent the share prices of quantum companies down after expressing a pessimistic outlook on the sector

There are no jobs for D-Wave Systems right now.

Find jobs on Simplify and start your career today

đź’ˇ
Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →