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.
U.S. President Donald Trump said on Friday that the United States has banned Israel from further bombing in Lebanon, using an atypically harsher tone than usual with the longtime U.S. ally Israel.
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President Donald Trump said the next meeting between the United States and Iran may take place over the weekend, adding to optimism that the Iran war could be nearing an end.
Lebanon’s president will not speak to Israel’s prime minister in the near future, Lebanese officials said on Thursday, dealing a blow to U.S. efforts to expand contacts between the enemy states as Pakistan said peace in Lebanon was vital to ending the Iran war.
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