Wiz Raises $130M in Series B Funding; Valued at $1.7 Billion

23 Mar, 2021

Wiz Raises $130M in Series B Funding; Valued at $1.7 Billion
Photo by Charlotte Venema on Unsplash

– Wiz from Palo Alto and Tel Aviv develops a platform for companies to secure their cloud infrastructure at scale.
– Series B $130m round brings company valuation to more than $1.7b.
– The round was led by Advent Venture Partners with participation from existing investors Cyberstarts, Index Ventures, Insight Partners and Sequoia Capital.
– The new investment will be aimed at expanding operations and business reach since its emergence from stealth three months ago.

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