D-Wave Systems

D-Wave Systems is a quantum computing company that sells and manufactures quantum computing and superconducting electronics.

D-Wave is the leader in the development and delivery of quantum computing systems and software, and the world’s only commercial supplier of quantum computers. 

D-Wave Systems was founded in 1999 by Eric Ladizinsky & Geordie Roseand and is based in Burnaby, British Columbia, Canada. The company has additional offices and R&D facilities in Palo Alto, California.

D-Wave's mission is to unlock the power of quantum computing for the world. We believe that quantum computing will enable solutions to the most challenging national defense, scientific, technical, and commercial problems.

D-Wave's latest system, the D-Wave 2000Q™ quantum computer, is a 2000 qubit computing system.  D-Wave’s systems are used by major corporations, universities and government agencies such as Lockheed Martin, Google, NASA, USRA, the University of Southern California, and Los Alamos National Laboratory.


D-Wave also launched Leap cloud service. Today Leap provides real-time access to the D-Wave 2000Q system, as well as D-Wave’s 5000-qubit system, Advantage, launched in September 2020. The Advantage quantum system touts more than 5,000 qubits and 15-way qubit connectivity.


D-Wave is backed by Canada’s Strategic Innovation Fund (SIF), Fidelity Investments, Goldman Sachs, DFJ, PSP Investments, NEC Corporation and others. The company raised $40M in new financing on Mar 11, 2021. This brings D-Wave's total funding to $256.2M to date.



  • Year founded: 1999
  • Funding Info: $256.2M over 16 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Burnaby
  • State: British Columbia
  • Country: Canada
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