Skip to main content

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 

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.

Tags

Related

Lebanon

Lebanon and Israel advance Hezbollah disarmament plan

Lebanon and Israel have agreed a shortlist of countries that could send troops to verify the disarmament of Hezbollah under a U.S.-brokered agreement, a Lebanese official said on Friday, with the United States due to pick countries from the list.

Strait of Hormuz

Draft Iranian bill targets US, Israeli shipping in Hormuz

An Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other "hostile" vessels from transiting the Strait of Hormuz, Iran's semi-official Fars news agency reported, citing a lawmaker.

Israel

Israel responds to soldier deaths with South Lebanon strikes

Israel said two of its soldiers were killed in southern Lebanon on Wednesday while Lebanese authorities said Israeli retaliatory attacks killed at least one person, a flare-up in violence that coincided with the latest round of talks between the two countries.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.