Wiz Reaches $6B Valuation

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Publicated : 23/11/2024   Category : security


Wiz Reaches $6B Valuation


Startup created by former leaders of Microsoft Cloud Security Group experiencing rapid growth.



Cloud security firm Wiz has received $250 million in a Series C funding round co-led by Greenoaks and insight Partners, and including Sequoia, Salesforce, and other investors, now reaching a valuation of $6 billion. 
Wiz has been in the news over the past few months with some eye-popping cloud security research, including the
OMIGOD vulnerabilities
they discovered in Microsofts Open Management Infrastructure (OMI), a widely used but little-known software agent embedded in many commonly used Azure services; a security flaw in a data science feature in 
Microsofts Azure cloud platform
; and
AWS weaknesses
.
Researchers at the firm have called for a CVE-type repository where cloud providers and researchers can share vulnerability information.
Read more
here
.

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Wiz Reaches $6B Valuation