Wiz Raises $300M at $10 Billion Valuation

Wiz, a NYC-based provider of a cloud security platform, raised $300m at a $10 billion valuation.

The round was led by Lightspeed Venture Partners and existing investors Greenoaks Capital Partners and Index Ventures.

Led by Assaf Rappaport, CEO, Wiz provides a platform that allows organizations of all sizes and industries to identify and remove the most critical risks in AWS,Azure, GCP, OCI, Alibaba Cloud and Kubernetes so they can build faster and more securely.

Today, the company protects the world’s largest and fastest growing organizations, including more than 35 percent of the Fortune 100. Companies like BMW, Colgate-Palmolive, Chipotle, Fox, LVMH, Morgan Stanley, Mars, Salesforce, Snowflake, Slack and others use it to identify and remove critical cloud risks.

During 2022, Wiz continued to deliver on its product vision, expanding its cloud security platform (CSPM & CNAPP), adding new capabilities for Container and Kubernetes security, Data Security Posture Management (DSPM), External Attack Surface Management (EASM) and Cloud Detection and Response (CDR).

FinSMEs

28/02/2023