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 faced a missile attack on Sunday as Iran said it reserved all options to defend itself after unprecedented U.S. strikes that President Donald Trump said had "obliterated" its key nuclear facilities.
U.S. forces struck Iran's three main nuclear sites, President Donald Trump said late on Saturday, and he warned Tehran it would face more devastating attacks if it does not agree to peace.
At a time when global tensions are already dangerously high, Turkish President Recep Tayyip Erdogan took the stage at the Organisation of Islamic Cooperation’s foreign ministers’ summit in Istanbul to accuse Israel of sabotaging U.S.-Iran nuclear talks and shunning diplomacy.
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