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New Deal


Announced

Completed

Lightspeed Venture and Greenoaks Capital led a $300m Series D round in Wiz.

Financials

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Transaction Value£251m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Friendly

Completed

cybersecurity

Software

cloud security

United States

Venture Capital

Private

Private Equity

Minority

Synopsis

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Lightspeed Venture and Greenoaks Capital, two investors, led a $300m Series D round in Wiz, a cloud security startup, with participation from Howard Schultz and Bernard Arnault. “When we first launched Wiz, we set out to design a product with the world’s leading enterprises in mind, and all the complexity and operational considerations their dynamic cloud environments present. With Wiz, companies are developing a new maturity level in their cloud environments by improving security, increasing visibility and driving agility," Assaf Rappaport, Wiz Founder.

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