Wiz raises Series C, reaching $6 billion valuation

Wiz, a cloud security company founded in early 2020, has raised $250 million in Series C funding at a $6 billion valuation, making it the fastest-growing cybersecurity company ever. The round was co-led by Insight Partners and Greenoaks Capital, with participation from Sequoia, Index, Salesforce, and others.

Wiz’s platform provides real-time security across multi-cloud environments, and its researchers have uncovered major vulnerabilities like ChaosDB and OMIGOD. The company says demand is driven by the accelerated cloud migration during the pandemic, with cloud security growing over 40% year-over-year.