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.
A multi-billion dollar deal to build one of the world's largest data centre hubs in the United Arab Emirates with U.S. technology is far from being concluded due to persistent concerns around security, sources familiar with the matter told Reuters.
The Israeli military has retrieved the body of Thai hostage, Nattapong Pinta, who had been held in Gaza since Hamas' October 7, 2023 attack on Israel, Defence Minister Israel Katz said on Saturday.
October 7, 2023, marked a blood-red date on Israel's calendar, and that of the Jewish people. The barbarity of Hamas and its accompanying hordes is unparalleled in the contemporary world, with its procession of violence, hatred, rapes, and massacres.
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