Wiz Cybersecurity Startup Secures $1 Billion in Funding, Valued at $12 Billion

Israeli cybersecurity startup Wiz recently announced that it has successfully raised $1 billion in capital, bringing its company valuation to $12 billion. This latest funding round marks a significant milestone for the two-year-old company, which has already raised a total of $1.9 billion from various investors since its inception in 2020.

In February 2023, Wiz completed its most recent funding round, raising $300 million from investors at a company valuation of $10 billion. With this substantial injection of capital, Wiz is well-positioned to continue expanding its operations and developing innovative solutions to address the evolving challenges in cybersecurity.

Wiz’s impressive growth trajectory was also evident in 2023 when the company generated revenues totaling $350 million. As a leader in cloud security, Wiz has proven its ability to deliver effective solutions and establish itself as a key player in the cybersecurity landscape. With its robust financial backing and strong track record, Wiz is poised for further success and growth in the years ahead.