Startup profile · funding coverage
Wiz funding, valuation and investors
Cloud security platform for CNAPP — posture, workload, and cloud detection.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series E
$1B · May 2024
Latest known valuation
$12B
Series E · May 2024
Total disclosed equity funding
$1B
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · New York, NY
Investors in latest funding
Lead: Andreessen Horowitz , Lightspeed Venture Partners , Thrive Capital
Overview
Wiz provides a cloud-native application protection platform (CNAPP) — agentless scanning for misconfigurations, vulnerabilities, identity risks, and data exposure across AWS, Azure, GCP, and Kubernetes. Founded by Assaf Rappaport and team (ex-Microsoft/Azure Security), Wiz raised $1B Series E in May 2024 at $12B valuation co-led by Andreessen Horowitz, Lightspeed, and Thrive, with Index, Sequoia, Greylock, and Insight participating. Wiz reportedly surpassed $500M ARR with thousands of enterprise customers including 40% of Fortune 100.
Why Wiz is interesting
Wiz scaled to $100M ARR faster than almost any security startup — a16z co-led $1B Series E at $12B as Google acquisition talks made it the decade's cloud security benchmark.
Product & use cases
Wiz agentlessly connects to cloud environments, builds a unified security graph, and prioritizes toxic combinations of risks — replacing multiple point tools for CSPM, CIEM, and workload security.
- Cloud security teams prioritizing critical misconfiguration and identity risks
- CISOs consolidating CNAPP budget versus point products
- DevSecOps blocking deployment of exposed cloud resources
Key facts
- Series E (May 2024): $1B at $12B co-led by a16z, Lightspeed, Thrive (TechCrunch)
- Fastest path to $100M and $500M ARR in security per company claims
- 40% of Fortune 100 as customers cited at Series E
- Founded by ex-Microsoft/Azure Security leaders
Funding history (newest first)
Series E
2024-05 $1B Valuation: $12BSource: https://techcrunch.com/2024/05/07/wiz-raises-1b-at-12b-valuation-expanding-through-acquisitions/
Investors in our directory
Funds linked from Wiz's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Agentless deployment speed and security graph UX drove fastest enterprise adoption in cloud security — product velocity from Azure Security alumni.
CNAPP is the defining cloud security category of the 2020s; Wiz leads on growth velocity but faces platform bundling and acquisition interest distorting competitive dynamics.
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Palo Alto Networks (Prisma Cloud) incumbent
Broad CNAPP suite via acquisitions.
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Orca Security direct
Agentless cloud security competitor.
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Microsoft Defender for Cloud incumbent
Native Azure/multi-cloud security bundled with enterprise agreements.
Notable stories
- Wiz's $12B Series E landed amid reported Google acquisition talks — the deal that didn't close still validated cloud security as venture's biggest category bet of the mid-2020s (TechCrunch, 2024).
Industries
FAQs about Wiz
Practical answers founders, operators, and investors typically search for.
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