Celebrating Our $1 Billion Funding Round and $12 Billion Valuation

Today we’ve reached yet another milestone on our journey. Wiz has raised $1 billion at a $12 billion valuation, led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital. 

This news, which is the result of hard work and dedication, makes us reflect on the past while setting our sights on the future. At every inflection point in the Wiz story – whether it’s becoming the world’s largest cyber unicorn or being voted the #1 CNAPP by customers – I’m reminded of how far Wiz has come and struck by the tireless efforts of so many people. Our fantastic Wizards, who truly set the bar for excellence. Our investors, who act as extensions of the internal team, many of whom have been with Wiz since day 1. Our customers, who inspire us to solve their most pressing cybersecurity challenges and trust us to support their cloud journey. Every day we commit to earning that trust anew.  

The Wiz story is still being written. Cybersecurity moves at warp speed, and so must we. Our quest to build a platform that security and development teams love now includes SOC teams, thanks to the threat detection expertise brought to us by Gem. I’ve said 2024 is the year of consolidation – for Wiz, and the industry at large. The days of sprawling tech stacks are drawing to a close, driven by the same thirst for consolidation that gave rise to the CNAPP category.  

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