Gunderson Dettmer Represents Lead and Participating Investors in the $1B Series E of Wiz

Gunderson Dettmer represented clients Andreessen Horowitz and Thrive Capital, as lead investors, and Index Ventures, Greenoaks and Wellington Management, as participants, in the $1 billion Series E financing of Wiz, a global leader in Cloud Native Application Protection Platform (CNAPP).

Wiz, a company now valued at $12 billion, provides a holistic view of security risks across clouds, containers, and workloads—without the need for additional agents or sidecars to businesses identify vulnerabilities, misconfigurations, network exposures, manage identities, privileges and discover exposed secrets.

This financing comes a little over a year after the company’s $300 million Series D financing co-led by Greenoaks.

The Gunderson Dettmer Andreessen Horowitz deal team was led by Michael Allers and included Jeff Adler.

The Gunderson Dettmer Thrive Capital deal team was led by Ryan Purcell and included David Styles.

The Gunderson Dettmer Greenoaks deal team was co-led by Steve Baglio and Hilary Adams.

The Gunderson Dettmer Index Ventures deal team was led by Maggie White.

The Gunderson Dettmer Wellington Management deal team was led by Steve Baglio and included Amira Abulafi.

Companies
Andreessen Horowitz
Thrive Capital
Index Ventures
Greenoaks
Wellington Management
Wiz