.
MergerLinks Header Logo

New Deal


Announced

Completed

Advent led a $130m Series B funding round in Wiz.

Financials

Edit Data
Transaction Value£93m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Venture Capital

Private

Minority

Software

Israel

cloud security

United States

Acquisition

Completed

Private Equity

Cross Border

cybersecurity

Synopsis

Edit

Advent, a private equity firm, led a $130m Series B funding round in Wiz, a developer of a cloud infrastructure security platform. The round had participation from investors Cyberstarts, Index Ventures, Insight Partners and Sequoia Capital. “I think that one of the fastest-growing companies in the past that I’ve watched closely was Palo Alto Networks, and Wiz is growing faster than Palo Alto Networks,” Gili Raanan, Cyberstarts Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US