Israeli cybersecurity startup Wiz has recently secured $1 billion in funding, bringing its valuation to $12 billion. This latest round of capital raising marks a significant milestone for the company, which was founded just two years ago in 2020. Since its inception, Wiz has raised a total of $1.9 billion from various investors, reflecting the growing interest and confidence in the company’s potential.

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

Wiz’s impressive financial backing has also enabled it to generate revenues totaling $350 million in 2023. 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 track record and continued growth trajectory, Wiz is poised for further success and expansion in the years ahead.