Cyber security startup Wiz raises $300 mn

U.S.-Israeli cyber security startup Wiz has raised $300 million in a private financing round that takes the firm’s valuation to $10 billion.
VC funding for tech
The latest late stage round was led by Lightspeed Venture Partners and existing investors Greenoaks Capital Partners and Index Ventures. Wiz, which focuses on cloud security, has 650 employees globally.

Since its founding nearly three years ago, Wiz has raised $900 million from investors, including Sequoia Capital, Insight Partners, Blackstone and G Squared.

Wiz, whose customer base is 35 percent of Fortune 100 companies, said it plans to open new offices in the United States in Austin, Dallas and Washington D.C.

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