Twitter LinkedIn
    Friday, June 9
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Investments»Wiz just raised $120 million from Salesforce and Blackstone
    Investments

    Wiz just raised $120 million from Salesforce and Blackstone

    May 25, 2021Updated:May 25, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Israeli cybersecurity company Wiz has raised $120 million led by Salesforce and with the participation of Blackstone. The company’s valuation in the round is expected to be higher than $1.7 billion, at which it was valued in its previous funding round.

    To date, Wiz has raised about $230 million in two major rounds, with the first being $100 million and the more recent one of about $130 million at an estimated market value of $1.7 billion. Following that, the Israeli company became the fastest cyber company to reach unicorn status. Investors in the Israeli company include Greenoaks Capital, Advent International, Gili Raanan’s Cyberstarts, Sequoia Capital, and Insight Partners.

    Blackstone will largely invest in Israel through a new growth fund called BXG, which raised $4.5 billion. Blackstone was founded 35 years ago by Steven Schwartzman, who serves as CEO and chairman, manages $649 billion in assets and employs more than 3,000 people.
    Read more/Source: Calcalis tech

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Investing peinsider Private Equity Salesforce Wiz
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans

    March 16, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Comments are closed.

    Other Articles

    EQT to weigh sale of stake in packaging firm GPA Global

    June 13, 2022

    PSG invests in Visualfabriq

    July 19, 2021

    Waystone secures significant growth investment from Montagu Private Equity

    July 3, 2021

    War for talent pushes PE firms to remodel

    August 9, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?