Cambridge-based tech startup Riverlane aims to accelerate the practical use of quantum computing by reducing system errors by 10,000x. With $75 million raised in Series C funding, Riverlane is set to advance its groundbreaking quantum error correction (QEC) roadmap. This investment will enable Riverlane to expand operations to meet the global market demand for QEC technology and achieve one million error-free quantum computer operations by 2026.
We invest in companies with the potential to have a transformative impact on society and the environment. Riverlane’s focus on quantum error correction, coupled with its collaboration with quantum computer makers worldwide, can accelerate the global market and enable new quantum computing applications that can substantially contribute to solving social and environmental issues.
Nathan Medlock, Managing Partner at Planet First Partners, Riverlane press release
The expansion of Riverlane’s operations will introduce various new opportunities across the company, such as hardware and software engineering, quantum scientist positions, and operations roles.
The company initially launched with the Riverlane.io domain name, which has gained popularity with tech startups despite its uncertain future.
As part of its growth and increasing investor interest, Riverlane has upgraded to the Exact Brand Match (EBM) domain Riverlane.com. This upgrade enhances the company’s professional image, supports its growth and innovation goals, ensures brand protection, prevents confusion, and reflects Riverlane’s commitment to leading the quantum computing industry.
While it may be tempting to save money by opting for a cheaper, compromise domain name, the potential loss in terms of brand recognition and revenue should not be underestimated. Investing in a premium domain name is a smart business move that can pay off in the long run. Contact us to learn more about our premium domain options and how they can help your business grow.
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