Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions | TechCrunch
Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO.
Now, it has closed a major round of funding of $1 billion to help on that march.
The Series E — co-led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive — values Wiz at $12 billion, making it one of the most highly valued startups in cybersecurity today.
It’s a notable step up from the last time Wiz raised, in February 2023, when it clo...
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