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Fort Worth-based Scissortail Group announced it has completed a strategic engagement with Dyber, Inc. that resulted in Dyber’s first round of outside capital, marking the company’s transition from a founder-funded operation to a scaling manufacturer of Post-Quantum Cryptography (PQC) solutions.
The funding comes as governments worldwide mandate a shift to quantum-resistant encryption. Dyber’s custom computer chips can run quantum-safe encryption hundreds to thousands of times faster than traditional software, eliminating the slowdowns that have made next-generation security hard to use at scale.
In practical terms, Dyber’s hardware does in seconds what standard software can take minutes to handle.
“At Scissortail, my goal is not to come into a company and tell the founders what to do,” said William Welder, founder of Scissortail Group, in a statement. “Rather, I want to understand their goals and give them the tools, information, and introductions they need to reach them.
Scissortail Group is a Fort Worth-based strategic advisory and investment firm that works with founders, developers, and families on capital and operational matters.
Scissortail said the newly secured capital will be used to manufacture product pilots and to expand Dyber’s intellectual property pipeline.
“Scissortail isn’t an order-taker; they are true partners,” Zachary Kleckner, founder of Maryland-based Dyber. “William took the time to understand the nuances of our tech and provided the independent perspective we needed to navigate our first raise with confidence.”
Added Welder: “Zachary is a brilliant technologist and his tech is remarkable. I know how to capitalize opportunities and run businesses with outside capital, and I helped him develop a structure for both that will serve as a strategic foundation for years to come.”