Cybersecurity company Wiz raises USD 300 million, at USD 10 billion valuation

Categories: Hi-Tech

Israeli cloud cybersecurity company Wiz today announced the completion of a USD 300 million Series D financing round at a company valuation of USD10 billion.

The latest financing round was led by Lightspeed Venture Partners and existing investors Greenoaks Capital Partners and Index Ventures. Also participating were existing investors Sequoia, Insight Partners, and Gil Ra’anan’s Cyberstarts. Private investors in the company include the world’s wealthiest individual Bernard Arnault, and Starbucks founder Howard Schultz.

Founded in 2020, in its most recent financing round in October 2021, Wiz raised USD 250 million at a company valuation of USD 6 billion.

Meitar acted for Wiz.

Read more here.

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