Cloud security startup Wiz triples value with new capital
March 23, 2021
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Wiz, the developer of a cloud infrastructure security platform, has raised $130 million, increasing its valuation to $1.7 billion. Advent Venture Partners led the funding, CNBC reported. The Tel Aviv-based company raised a $100 million round last December that valued it at $500 million. Wiz is also backed by Sequoia, Insight Partners, Index Ventures and CyberStarts.