D-Wave Systems, Inc. is a technology company, based in Burnaby, British Columbia. On January 19, 2007, it announced a working prototype of a commercially-viable quantum computer.The prototype is, according to D-Wave, a 16-qubit adiabatic quantum computer, which they demonstrated on February 13th, 2007 at the Computer History Museum in Mountain View, California. (The second demo of the prototype was on February 15th, 2007 at the Telus World of Science in Vancouver, BC.) D-Wave is a spinoff from the department of Physics and Astronomy at University of British Columbia. Its mission is to commercialize superconducting quantum computers. Historically, it operated within a global collaborative network of research scientists. The company is backed by private investors including Draper Fisher Jurvetson and Harris & Harris. D-Wave demonstrated what they claimed to be a 28-qubit adiabatic quantum computer on November 12, 2007http://www.dwavesys.com/index.php?mact=News,cntnt01,detail,0&cntnt01

Source: http://en.wikipedia.org/wiki/D-Wave
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