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Cloud security startup Wiz has successfully raised $1 billion in a Series E funding round, reaching a valuation of $12 billion. The funding round was co-led by prominent venture capital firms Andreessen Horowitz (a16z), Lightspeed Venture Partners, and Thrive Capital. Wiz plans to use the new capital to expand its cloud security platform through strategic acquisitions. This move is part of a broader effort to enhance their capabilities in securing cloud environments, as the company continues to grow rapidly in the cybersecurity sector. The investment from a16z Growth marks a significant endorsement of Wiz's strategy and potential.
Cloud security leader @wiz_io is no stranger to record-breaking. Today, we’re excited to continue to invest in this exceptional team as they use $1B in new funding to help drive M&A efforts, recruitment & product development. Congratulations Wiz team! https://t.co/KvCq2f6EuZ
Cloud security leader @wiz_io is no stranger to record-breaking. Today, we’re excited to continue to invest in this exceptional team, as they use $1B in new funding to help drive M&A efforts, talent recruitment & product development. Congratulations Wiz team!…
Cloud security leader, @wiz_io, announced its $1 billion Series C round with a $12 billion valuation from Lightspeed and other investors. Lightspeed Partner, @arshammem says, “Wiz is nothing short of a rocket ship. They were built for the cloud from day one and have an intense… https://t.co/PwlpWRoj2d
