Fenwick Represents Wiz in $1B Funding

Fenwick represented Wiz, developer of an all-in-one cloud security platform, in its $1 billion funding. The round co-led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive values Wiz at $12 billion.

Wiz will use the funds for talent acquisition and product expansion, as well as for strategic acquisitions. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partner Michael Brown and included associates James Clarkin-Breslin, John Clancy, Robina Gallagher, Itka Safir, and Briana Roberson.