How Much Did Wiz Raise? Headquarters, Funding & Key Investors

Wiz has raised $100 M in a Series A round, $130 M in a Series B, $120 M in a second Series B, $250 M in a Series C, $100 M in a Secondary market round, $300 M in Series D and $1 B in Series E, bringing total funding to about $1.9 B at a valuation of roughly $12 B. Founded in 2020, the company delivers a unified cloud-security posture and application protection platform across code, CI/CD and cloud environments and is rapidly expanding its footprint in the cybersecurity and cloud infrastructure space.

How Much Did Wiz Raise? Funding & Key Investors

Wiz, founded in 2020 by Ami Luttwak, Assaf Rappaport, Roy Reznik and Yinon Costica, is a New York City-based (United States) cybersecurity company specialising in cloud security posture management and application protection. Wiz’s platform offers unified visibility and security across code, continuous integration and deployment pipelines, and cloud environments by collecting metadata, configuration data and scanning for exposures. The business is focused on enabling collaboration between security, development and DevOps teams to secure everything organisations build and run in the cloud.

What Is Wiz and What Does It Do?

Wiz, founded in 2020 by Ami Luttwak, Assaf Rappaport, Roy Reznik and Yinon Costica, is a New York City-based (United States) cybersecurity company. The company develops and offers a unified cloud-security platform that delivers visibility and protection from code all the way through CI/CD and cloud environments.

Wiz employs between 501-1,000 people. Its technology connects to cloud environments via APIs, collects configuration data and metadata from workloads, scans cloud storage for sensitive data exposure and misconfigurations, and supports DevOps, development and security teams with real-time detection and remediation.

The platform is positioned at the intersection of cloud infrastructure, application security and enterprise risk.

How Much Funding Has Wiz Raised?

1. Series A

Amount Raised: $100 M
Date: December 2020
Lead Investors: Index Ventures, Sequoia Capital, Insight Partners
Motivation: To establish a strong foundation and accelerate initial product development.

2. Series B

Amount Raised: $130 M
Date: March 2021
Motivation: To scale operations and expand market reach.

3. Series B (2nd)

Amount Raised: $120 M
Date: May 2021
Lead Investors: Salesforce Ventures
Motivation: To further enhance product capabilities and support rapid growth.

4. Series C

Amount Raised: $250 M
Date: October 2021
Lead Investors: Greenoaks, Insight Partners
Motivation: To expand the platform’s features and increase market penetration.

5. Secondary Market Round

Amount Raised: $100 M
Date: October 2021
Lead Investors: G Squared
Motivation: To provide liquidity for early investors and employees.

6. Series D

Amount Raised: $300 M
Date: February 2023
Lead Investors: Greenoaks, Index Ventures, Lightspeed Venture Partners
Motivation: To support continued growth and prepare for future acquisitions.

7. Series E

Amount Raised: $1 B
Date: May 2024
Lead Investors: Andreessen Horowitz, Lightspeed Venture Partners, Thrive Capital
Motivation: To drive future M&A efforts, talent recruitment, and product development.\

Total Funding Raised: $1.9 Billion

Current Valuation: $12 Billion (as of May 2024)

Latest Funding Date: May 2024

Key Investors

1. Andreessen Horowitz

Details: Leading Silicon Valley VC firm investing across technology, software and infrastructure.
Investment Focus Areas: Technology, enterprise software, internet, infrastructure.
Notable Investments: Facebook, Airbnb, Coinbase, Wiz.

2. Lightspeed Venture Partners

Details: Multi-stage venture capital firm with strong presence in enterprise and consumer tech.
Investment Focus Areas: Enterprise software, consumer internet, disruptive innovations.
Notable Investments: Snap, Nest, AppDynamics, Wiz.

3. Thrive Capital

Details: VC firm focused on internet and software companies, often with transformative potential.
Investment Focus Areas: Internet, software, high-growth business models.
Notable Investments: GitHub, Stripe, Wiz.

4. Greenoaks Capital

Details: Technology-focused investment firm partnering with companies that become market leaders.
Investment Focus Areas: Technology, consumer internet, infrastructure.
Notable Investments: Coupang, Robinhood, Discord, Wiz.

5. Index Ventures

Details: Global VC firm active in early and growth-stage technology companies.
Investment Focus Areas: Software, enterprise, internet platforms.
Notable Investments: Wiz, many early-stage tech firms.

Where Is Wiz’s Headquarters?

Wiz is headquartered in New York City, United States. Being based in one of the world’s leading commercial, finance and technology hubs provides the company with access to major enterprise clients, cloud infrastructure partners and top-tier development talent. This location supports its cloud-security architecture, enterprise sales operations and global expansion in the cybersecurity market.

What’s Next for Wiz?

Wiz is now heavily focused on growing its cloud-security platform to encompass full cloud-native application protection (CNAPP), accelerating strategic acquisitions and international expansion, and preparing for a potential IPO. With its recent $1 B Series E, valuation of ~$12 B and ambition to reach $1 B in ARR, the company is poised to capture rapidly growing demand for cloud and AI-driven security solutions.

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