leverage102 Wednesday, 10/29/14 01:00:26 AM
Post# of 2102
Re: brightguy post# 50432
Post # of 50445
IF MR JEDDA, CFO of Canwealth Minerals, and Director Principal of POWERHOUSE BDC BANK COULD FUND $ 500 MILLION or More If the Project Called for it !! * YOU FAMILIAR WITH TABLE TOP FINANCING $$$ ?? He Could FUND BILLIONS IF ENDS JUSTIFIED THE MEANS $$$$$$
* I'm Posting The Following On TOPIC Article on Another deal BDC ( FIRM MR JEDDA CFO of CanWealth Belongs to ) FUNDED! Along with Other Investment Bankers That Participated in the raise; Goldman, Harris & Harris Group, DFJ.
Burnaby, British Columbia - July 11, 2014 - D-Wave Systems Inc., the world's first commercial quantum computing company, today announced that it has closed $30 million in funding from both new and existing investors including Goldman Sachs (GS), BDC Capital (BDC), Harris & Harris Group (HHGP) and DFJ. The funding will be used to advance and scale D-Wave’s quantum computing technology, accelerate software development and build a software application ecosystem. With this $30 million investment, D-Wave has now raised a total of $160 million.
“This funding is a strong endorsement of D-Wave’s ability to deliver the first viable quantum computer to organizations in need of a new caliber of computing,” said Vern Brownell, CEO at D-Wave. “For quantum computing to achieve its enormous potential in such diverse areas as genetically personalized medicine, mission planning, systems optimization and machine learning, we need to build a software ecosystem through partnerships with world experts. This new capital will allow us to fund the software development and personnel needed to deliver the first quantum applications.”
“As the only company delivering a commercial quantum computing solution, D-Wave occupies a unique place in the market and has a head start few other organizations could match,” said David Campbell, Managing Director in the Merchant Banking Division of Goldman Sachs. “D-Wave is redefining the science of computing and ushering in new technology with the potential to solve some of the most complex computing challenges in the world.”
“The opportunity to invest in a company that has built a technology that will exponentially accelerate computing power is rare,” said Geoff Catherwood, Partner with BDC Capital’s Industrial, Clean and Energy (ICE) Technology Venture Fund. “By taking risks early on in a field understood by very few, D-Wave has demonstrated to investors and the world that quantum computers are not just possible, but a reality that will impact many industries in the near future.”
FUNDING TO DRIVE QUANTUM COMPUTING DEVELOPMENT
D-Wave has a proven ability to bring an unprecedented product to market and aims to harness this funding to expand and evolve its software applications in multiple spheres.
http://www.dwavesys.com/press-releases/d-wave...g-software
ICBT IS THE GOLDEN TICKET $$$$$$$$$$$$$$
ICBT $$$$$$$$$$$$$$ GETTING FUNDED REAL SOON $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ IMO.