Recently, the use of squeezed states for quantum information processing in the continuous variables (CV) regime has been increasing rapidly. Continuous variable quantum optics uses squeezing of light as an essential resource to realize CV protocols for quantum communication, unconditional quantum teleportation and one-way quantum computing. This is in contrast to quantum information processing with single photons or photon pairs as qubits. CV quantum information processing relies heavily on the fact that squeezing is intimately related to quantum entanglement, as the quadratures of a squeezed state exhibit sub-shot-noise quantum correlations.