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New Deal


Announced

Completed

Index Ventures, Sequoia, Insight Partners and Cyberstarts led a $100m Series A round in Wiz.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Software

Private

Completed

Israel

Venture Capital

Single Bidder

Minority

Private Equity

Friendly

Acquisition

cloud security

Cross Border

Synopsis

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Index Ventures, Sequoia, Insight Partners and Cyberstarts led a $100m Series A round in Wiz, a cloud security innovator. "The Wiz founding team is among the most customer-obsessed groups of founders I've worked with and it shows in the product they've brought to market. 2020 has accelerated cloud adoption, and security teams have to coordinate with the rest of the business in a new digitally transformed reality. Wiz is the solution that these organizations need to not only secure the investments they've made, but to get security teams out in front where they can enable engineering and lines of business to innovate even faster," Shardul Shah, Index Ventures Partner.

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