D-Wave Systems, a company that aims to develop quantum-computing applications, said on Thursday it had received $30 million in funding from investors including the firm that manages Amazon founder Jeff Bezos's venture investments and In-Q-Tel.

D-Wave was founded in 1999 with the goal of making practical quantum computing a reality. For 5 years the company worked to gather IP and ideas on all different aspects of this area. D-Wave has the support of a blue-chip investor base including Draper Fisher Jurvetson, Goldman Sachs, Harris & Harris, GrowthWorks, the Business Development Bank of Canada, and International Investment Underwriters. The company currently owns over 90 granted US patents and has over 100 pending patent applications worldwide relating to quantum computing and superconducting electronics.