PRAGUE, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its post-quantum authentication technology, safeguarding banks and fintech against the coming wave of quantum threats. The inves…

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Wultra Secures €3M to Protect Financial Institutions from Quantum Threats

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Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its… Read more → The post Wultra Raises €3M to Defend Quantum Cyber Threats Targets Financial Institutions appeared first on IT Security News.

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Wultra Raises €3M to Defend Quantum Cyber Threats Targets Financial Institutions

Prague, Czech republic, 15th January 2025, CyberNewsWire

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Prague, Czech republic, 15th January 2025, CyberNewsWire The post Wultra Secures €3M to Protect Financial Institutions from Quantum Threats appeared first on Security Boulevard.

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PRAGUE, Jan. 15, 2025 (GLOBE NEWSWIRE) — Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its post-quantum authentication technology, safeguarding banks and fintech against the coming wave of quantum threats. The invest…

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Prague, Czech Republic, Jan. 15, 2025, CyberNewswire — Quantum computing is set to revolutionize t

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News alert: Wultra secures €3M funding to help financial firms mitigate coming quantum threats

The Business Times

Wultra, a Prague, Czech Republic-based post-quantum authentication solutions company, raised €3M in funding. Backers included Tensor Ventures, Elevator Ventures, and J&T Ventures. The company intends to use the funds to develop post-quantum authentication solutions, enable its expansion into Western Europe and Southeast Asia and to open a Singapore office in 2025 to serve the growing […] The post Wultra Raises €3M in Funding appeared first on Fi…

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Wultra Raises €3M in Funding

Czech cybersecurity firm Wultra, known for its advanced post-quantum authentication solutions, has raised €3m in a Seed+ funding round.

Wultra Secures €3M to Protect Financial Institutions from Quantum Threats

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