Israeli cloud security startup WIZ, founded by Assaf Rappaport and partners in 2020, has completed a $250 million Series C funding round, pushing the company valuation to $6 billion, WIZ announced Monday.
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In a blog post on the WIZ company website, Rappaport writes that "WIZ has been adopted by more than 10% of the Fortune 500."
Rappaport also noted that WIZ became the fastest company to reach "unicorn" status (a valuation of $1 billion), a milestone it hit earlier in 2021.