Israeli cloud security company Wiz has announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion.
Wiz was founded in 2020
Israeli cloud security company Wiz has announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion.
The latest round is led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, with participation from Greylock, Wellington Management, and existing investors Cyberstarts, Greenoaks, Howard Schultz, Index Ventures, Salesforce Ventures, and Sequoia Capital.
This is the biggest ever financing round completed by an Israeli privately-held tech company, beating and nearly doubling the previous highest round, when Transmit Security raised $543 million in 2021.
Israel and Lebanon signed a framework agreement in Washington on Friday following several days of talks to secure an end to fighting between Israel and Iran-backed Hezbollah militants, though both sides framed the deal as an initial step.
Lebanon's Foreign Ministry on Friday welcomed the joint declaration issued Thursday following the ministerial meeting between the Gulf Cooperation Council (GCC) and the United States, describing it as a significant endorsement of Beirut's sovereign diplomatic path.
Israel's former military chief Gadi Eisenkot, who lost a son in Gaza and boasts of his "Dahiyeh doctrine" of smashing foes with disproportionate force, is surging in polls and could oust Benjamin Netanyahu as prime minister in a coming election.
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