The people
What they build
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Working at D-Wave
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On the TechTO stage
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About
D-Wave was founded in 1999 in British Columbia by Haig Farris, Geordie Rose, Bob Wiens and Alexandre Zagoskin, out of the University of British Columbia, and became the first company anywhere to sell a quantum computer commercially. Its machines use quantum annealing — a narrower approach than gate-model quantum computing, aimed squarely at optimisation and sampling. Rose, who was the company's founding CTO, took the TechTO stage in 2017 to argue that machine intelligence would arrive faster and stranger than the audience expected. The company went public in 2022 and reported $5.9M of revenue over the first half of 2026 against a $40.7M backlog, having closed a record $33.4M of bookings in Q1.
Backers
Public company (D-Wave Quantum Inc., ticker QBTS) since its 2022 SPAC merger; earlier private backers are not sourced here.
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Quick answers
What does D-Wave do?
It builds and sells quantum annealing computers — machines aimed at optimisation and sampling problems rather than general-purpose quantum computing — and sells cloud access to them through Leap. It was the first company to sell a quantum computer commercially.
Where is D-Wave based?
Burnaby, British Columbia, with operations in Palo Alto, California. It was founded in 1999 out of the University of British Columbia.
Who founded D-Wave?
Haig Farris, Geordie Rose, Bob Wiens and Alexandre Zagoskin, in 1999. Rose was the founding chief technology officer and later left to found the robotics company Kindred; he now runs Snowdrop Quantum Applications.