$250M Series C pushes cloud security startup WIZ to $6B valuation
Israel Hayom – Gilad Zwick
Israeli cloud security startup WIZ, founded by Assaf Rappaport and partners in 2020, has completed a $250 million Series C funding round, pushing the company valuation to $6 billion, WIZ announced Monday.
In a blog post on the WIZ company website, Rappaport writes that “WIZ has been adopted by more than 10% of the Fortune 500.”
Rappaport also noted that WIZ became the fastest company to reach “unicorn” status (a valuation of $1 billion), a milestone it hit earlier in 2021.
Link: https://www.israelhayom.com/2021/10/12/250m-series-c-pushes-cloud-security-startup-wiz-to-6b-valuation/