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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 Microsoft's 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 Microsoft's 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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