JavaScript Required

Jumpseat Aerospace News requires JavaScript to function. Please enable JavaScript in your browser settings to continue.

Lastwall Raises $11.5 Million for Quantum Identity

November 15, 2023

2 min read

Key Takeaways

Lastwall raises $11.5 million in Series A extension round.
Funding led by BDC Capital's StrongNorth Fund.
Expansion to accelerate North American growth.
Lastwall provides secure identity management solutions.

Silver membership required Upgrade to Silver to access Key Takeaways.

Upgrade

Strategic Implications

This investment may indicate growing demand for quantum-resilient identity solutions in the defense and government sectors. Lastwall's expansion could strengthen its competitive position in North America, suggesting a potential shift in the market towards quantum-safe technologies.

Silver membership required Upgrade to Silver to access Strategic Implications.

Upgrade

What Happened

Canadian Company Expands North American Presence

Lastwall, a Canadian identity security and quantum resilience company, has raised $11.5 million in a Series A extension round to accelerate its North American expansion. The funding, led by BDC Capital’s StrongNorth Fund, will support the growth of Lastwall’s secure identity management solutions for defense and government organizations. Lastwall’s IDCommand Suite and Quantum Shield products offer quantum-safe solutions for identity management and data protection, which may address the increasing need for post-quantum cryptography in the industry. This development was first reported by SecurityWeek.

Source

Companies Mentioned