Monday, October 25th | 19 Heshvan 5782

Subscribe
October 11, 2021 10:01 am
0

Wiz Raises $250 Million, Values Israeli Cyber Firm at $6 Billion

avatar by Reuters and Algemeiner Staff

Israel’s Tel Aviv-based Wiz was founded in 2020. Photo: Twitter

Israeli cybersecurity startup Wiz said on Monday it had raised $250 million in a private funding round that values the company at $6 billion.

Wiz, established in 2020, completed a $350 million financing round this year that had valued the cloud security platform at $1.7 billion.

Wiz has 180 employees in Israel and the United States. It said its platform is used by 15% of Fortune 500 companies.

The company said most of the investors from its previous round — Sequoia Capital, Index Ventures, Insight Partners, Greenoaks, Salesforce, CyberStarts, billionaire Bernard Arnault and Starbucks founder Howard Schultz — participated in the current round.

Share this Story: Share On Facebook Share On Twitter

Let your voice be heard!

Join the Algemeiner

Algemeiner.com

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.