10 Cool Tech Companies That Raised Funding In February
Time series database developer InfluxData, data observability startup Acceldata and hyperscale networking software company Arrcus are among the companies that raised new financing in February, a list led by cloud security tech provider Wiz.
Headquarters: New York
CEO: Assaf Rappaport
Funding: The $300 million Series D funding round brings the company’s total funding to $900 million and puts the company’s valuation at $10 billion.
Investors: The round was led by Lightspeed Venture Partners with participation from existing investors Greenoaks Capital Partners and Index Ventures.
What the company does: Wiz is a fast-growing developer of cloud security technology.
CEO Quote: “We are extremely proud of our growth rate in terms of number of customers, sales and valuation, especially in view of the current market conditions for global high-tech. … This round of funding will accelerate the growth of our global operations, enable diversification of our customers across a range of industries and support our commitment to continued innovation.”