QIZ Security Raises $17 Million for Cryptographic Governance Platform
Israeli startup QIZ Security announced on Thursday that it has raised $17 million in seed funding for its cryptographic posture and post-quantum cryptography (PQC) management platform.
The funding round was led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital.
The investment will be used to accelerate the company’s growth and enhance its platform.
QIZ Security has developed a platform designed to help organizations govern encryption across on-premises, cloud, and hybrid environments.
The platform continuously discovers cryptographic assets, maps how they connect to applications and business systems, and flags issues such as outdated protocols, weak cipher suites, and encryption gaps affecting data both in transit and at rest.
Beyond discovery, the system ranks identified weaknesses by severity and business impact, then generates a prioritized remediation plan. QIZ’s approach relies on API-based integration rather than agents or network probes,...
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