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Three young cyber companies are about to join Israel's stable of unicorns

The tech unicorn fever in Israel is showing no signs of subsiding. Three more local cyber companies— Wiz, Orca Security, and Axonius-- are planning to announce in the coming weeks that they have completed large funding rounds at valuations topping $1 billion each.  All three companies raised more than $50 million in 2020 and are taking advantage of the readily available capital to secure additional rounds, while upping their valuations, shortly after their previous ones.   Assaf Rapapor...
United States Yevgeny Dibrov Assaf Rapaport Wagde Zabit Yinon Costica Avi Shua

Wiz, founded by former Microsoft Israel R&D head, raises $100 million series A

A mere nine months after it was founded, Cloud security company Wiz, headed by former General Manager of R&D at Microsoft Israel Assaf Rapaport, has raised a $100 million series A funding round. Venture capital funds Index Ventures, Sequoia, Insight Partners, and Cyberstarts all participated in the round. All the investors, aside from Insight, also invested in Adollam, Rapaport’s previous company, which was sold to Microsoft in 2015 for $320 million. Among the prominent private investors who ...
Yevgeny Dibrov Assaf Rapaport Nathaniel Tobias Yinon Costica Roy Reznik General Manager

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