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Israeli cloud security co Wiz raises $1b at $12b valuation
1 min Mena Today
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.
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