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Wiz Founder Backs Israeli Startup Guardio at $1.1 Billion Value

Israeli cybersecurity startup Guardio raised funds from investors including Assaf Rappaport, the founder of cloud security firm Wiz, in a round that values the company at $1.1 billion. Guardio raised $40 million to counter internet scams powered by artificial intelligence, the company said in a statement Thursday. Existing investors ION Crossover Partners, Union Tech Ventures, Vintage Investment Partners, and others also joined the round. The firm has raised $167 million since it was founded in ...

Read more at bloomberg.com

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