Fundraising Fox

D-Wave

NASDAQ: QBTS

Burnaby, US · Founded 2022 · British Columbia, Canada corporation · 7 known investors

Find your way into D-Wave

863 people in our graph share verified history with the D-Wave team — schools, employers, funds. One of them is your warm intro.

Danny Rimerunlockedknows Geordie Rose · together at Ineffable Intelligence (overlapped)
×2knows the team · via Ineffable Intelligence
×2knows the team · via Cornell
×2knows the team · via Creative Destruction Lab
×4knows the team · via Warburg Pincus
knows the team · via News Corporation

D-Wave is a quantum computing company offering both annealing and gate-model systems for solving optimization, simulation, and modeling problems. It serves enterprises and researchers through cloud access, developer tools, and professional services for applications in areas such as materials simulation and machine learning.

Founders & leadership

D-Wave was founded in 2022 by J. Haig Deb Farris, Geordie Rose, and Eric Ladizinsky.

JH
J. Haig Deb FarrisCo-founder
GRGeordie Rose
Geordie RoseinCo-founderRose co-founded D-Wave in 1999 and served as CEO until 2003, then as CTO through 2014. He subsequently founded Kindred, serving as CEO until 2018, and later founded Sanctuary.
EL
Eric LadizinskyCo-founder
DNDiane Nguyen
Diane NguyeninExecutive
AEAlan E. Baratz
Alan E. BaratzinExecutiveAlan E. Baratz is CEO of D-Wave Systems, a quantum computing company. He previously served as Executive Vice President of R&D and Chief Product Officer at D-Wave, and held executive and leadership roles at Sun Microsystems (where he was president of JavaSoft), Symphony, Avaya, Cisco, IBM, Versata, Zaplet, and NeoPath Networks, along with an investment role at Warburg Pincus; he holds a Ph.D. in computer science from MIT.
JMJohn M. Markovich
John M. MarkovichinExecutiveJohn M. Markovich is an Executive Officer at D-Wave, a quantum computing company. He has held senior financial roles across both private venture-backed technology companies and public multinational manufacturers, with experience in capital raising, corporate transactions, and operational strategy.
WWWarren Wall
Warren WallinExecutiveWarren Wall held executive leadership roles across four decades in technology companies, including senior positions at Electronic Arts managing global technology teams for gaming engines, at D-Wave Systems as COO and EVP Corporate Affairs from 2008 onward, and as COO of Intelligent City, a robotics-focused construction startup, from 2020 to 2023.
JPJeremy P. Hilton
Jeremy P. HiltoninExecutiveJeremy P. Hilton is an executive at D-Wave, a quantum computing company, with two decades of experience in research and development, product development, and business execution in deep technology. He holds 41 US patents and has contributed to scientific publications in quantum computing, superconductor integrated circuits, and machine learning applications.
CWColin Williams
Colin WilliamsinExecutive
JH
Jennifer HoustonExecutive
DCDan Cohrs
Dan CohrsinExecutiveDan Cohrs served as CFO of D-Wave Systems and previously held senior finance and strategy positions at GTE, Northwest Airlines, and Marriott. He holds a B.S. in Engineering from Michigan State University and M.S. and Ph.D. degrees from Cornell University in economics, finance, and public policy, and taught as an Assistant Professor of Finance at Harvard Business School.
VBVern Brownell
Vern BrownellinExecutive

Investors · 7

Reported raises · per SEC filings

Form D private placements

$337.3M disclosed across 6 rounds · 2014–2026

$275MraisedJan 2026 · 53 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kirstjen NielsenDirector
  • Diane NguyenExecutive Officer
  • Rohit GhaiDirector
  • John D. DiLulloDirector
  • Alan E. BaratzExecutive Officer, Director
  • Roger BiscayDirector
  • Steven WestDirector
  • Sharon E. HoltDirector
  • John M. MarkovichExecutive Officer
Offering amount
$275M
Amount sold
$275M
First sale
Jan 2026
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.9MraisedDec 2019 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Colin WilliamsExecutive Officer
  • Steve JurvetsonDirector
  • Alexandre ZagoskinPromoter
  • Donald J. ListwinDirector
  • Victoria BrydonExecutive Officer
  • Tanya RotheExecutive Officer
  • Steven M. WestDirector
  • Alan BaratzExecutive Officer
  • J. Haig Deb FarrisDirector, Promoter
  • Warren WallExecutive Officer
  • Geoff J. CatherwoodDirector
  • Francois LachanceDirector
  • Jeremy P. HiltonExecutive Officer
  • Vern BrownellExecutive Officer, Director
  • V. Paul LeeDirector
  • Anik LanthierDirector
  • Jennifer HoustonExecutive Officer
  • Dan CohrsExecutive Officer
Offering amount
$9.7M
Amount sold
$7.9M
First sale
Nov 2019
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$20MraisedFeb 2019 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Francois LachanceDirector
  • Warren WallExecutive Officer
  • Jeremy P. HiltonExecutive Officer
  • Colin WilliamsExecutive Officer
  • V. Paul LeeDirector
  • Alexandre ZagoskiPromoter
  • Jennifer HoustonExecutive Officer
  • Tanya RotheExecutive Officer
  • Dan CohrsExecutive Officer
  • Philippe St-JeanDirector
  • Vern BrownellExecutive Officer, Director
  • Steven M. WestDirector
  • Geordie RosePromoter
  • Steve JurvetsonDirector
  • J. Haig Deb FarrisDirector, Promoter
  • Alan BaratzExecutive Officer
  • Donald J. ListwinDirector
  • Geoff J. CatherwoodDirector
  • Victoria BrydonExecutive Officer
Offering amount
$20M
Amount sold
$20M
First sale
Feb 2019
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.2MraisedNov 2014 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve JurvetsonDirector
  • J. Haig Deb FarrisDirector, Promoter
  • William C. BlakeExecutive Officer
  • V. Paul LeeDirector
  • Don ListwinDirector
  • Robert H. EwaldExecutive Officer
  • Tanya RotheExecutive Officer
  • Warren WallExecutive Officer
  • Vern BrownellExecutive Officer, Director
  • Steven M. WestDirector
  • Geoff J. CatherwoodDirector
  • Alexei A. AndreevDirector
  • Geordie RoseExecutive Officer, Promoter
  • Shelley BubbExecutive Officer
Offering amount
$2.2M
Amount sold
$2.2M
First sale
Oct 2014
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$28.4MraisedJul 2014 · 33 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeremy P. HiltonExecutive Officer
  • Don ListwinDirector
  • Tanya RotheExecutive Officer
  • Alexei A. AndreevDirector
  • Robert WiensPromoter
  • Shelley BubbExecutive Officer
  • William MacreadyExecutive Officer
  • Steve JurvetsonDirector
  • Vern BrownellExecutive Officer, Director
  • V. Paul LeeDirector
  • Steven CakebreadExecutive Officer
  • J. Haig Deb FarrisDirector, Promoter
  • Robert H. EwaldExecutive Officer
  • Warren WallExecutive Officer
  • Eric LadizinskyExecutive Officer
  • Alexandre M. ZagoskinPromoter
  • Geordie RoseExecutive Officer, Promoter
  • David PiresExecutive Officer
  • Geoff J. CatherwoodDirector
  • Steven M. WestDirector
Offering amount
$35.2M
Amount sold
$28.4M
Sales commissions
$318.9K
First sale
Jun 2014
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.9MraisedMay 2014 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • J. Haig Deb FarrisDirector, Promoter
  • Robert H. EwaldExecutive Officer
  • Geordie RoseExecutive Officer, Promoter
  • David PiresExecutive Officer
  • Vern BrownellExecutive Officer, Director
  • Alexei A. AndreevExecutive Officer, Director
  • Don ListwinDirector
  • Steven M. WestDirector
  • Steve JurvetsonDirector
  • Alexandre M. ZagoskinPromoter
  • Eric LadizinskyExecutive Officer
  • Jeremy P. HiltonExecutive Officer
  • Shelley BubbExecutive Officer
  • Robert WiensPromoter
  • William MacreadyExecutive Officer
  • Tanya RotheExecutive Officer
  • V. Paul LeeDirector
  • Geoff J. CatherwoodDirector
  • Steven CakebreadExecutive Officer
  • Warren WallExecutive Officer
Offering amount
$3.9M
Amount sold
$3.9M
First sale
May 2014
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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In the news

Frequently asked questions

What does D-Wave do?
D-Wave is a quantum computing company offering both annealing and gate-model systems for solving optimization, simulation, and modeling problems. It serves enterprises and researchers through cloud access, developer tools, and professional services for applications in areas such as materials simulation and machine learning.
Who founded D-Wave?
D-Wave was founded by J. Haig Deb Farris, Geordie Rose, Eric Ladizinsky in 2022.
Who are D-Wave's investors?
D-Wave's investors include Defined VC, Draper Associates, Future Ventures, Kensington Capital Partners Limited, Pender Growth Fund, Runa Capital, Lockheed Martin Ventures.
How much funding has D-Wave raised?
D-Wave has disclosed $337.3M raised across 6 rounds.
Where is D-Wave headquartered?
D-Wave is headquartered in Burnaby, US.