Since its founding in 2020, Wiz has raised a total of $1.9 billion from investors, demonstrating strong support for the company’s innovative approach to cybersecurity. In 2023, the company solidified its position as a leader in the field of cloud security, generating revenues of $350 million.
Wiz recently announced a successful $1 billion capital raising round, which has increased the company’s valuation to $12 billion. The most recent funding round took place in February 2023, where Wiz raised $300 million from investors at a valuation of $10 billion. This significant investment reflects the confidence that investors have in Wiz’s potential for growth and success in the cybersecurity industry.
The Israeli cybersecurity startup’s ongoing success and potential for continued growth and innovation in the competitive market is highlighted by its recent funding success and strong revenue performance.
