#WizFunding

Aggressive Cloud-Security Player Wiz Scores $1B in Funding Round

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May 9, 2024 at 03:26PM Cloud security firm Wiz secured a record $1 billion in funding, positioning the company for a 2024 acquisition spree named “the year of security consolidation.” Notably, the focus on consolidating cloud security reflects current industry trends. Wiz’s VP, Yinon Costica, emphasizes the company’s aggressive growth strategy and commitment to addressing … Read more

Wiz Announces $1B Funding Round, Plans More M&A

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May 7, 2024 at 05:48PM Cloud security company Wiz has secured a significant $1 billion in funding, totaling $1.9 billion. Led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, the 4-year-old company plans to focus on M&A, product development, and talent recruitment, predicting 2024 as “the year of security consolidation.” Wiz’s recent acquisitions include … Read more