QIZ Security Completion of $17 million seed ship finance

On 9 July, QIZ Security, the encryption posture and back Quantification (PQC) management platform, announced the completion of $17 million in seed-wheel financing, with the participation of Bessemer Venture Partners and Merlin Ventures, Evoltion Equality Partners, Qbeat Ventures, Singtel Innov8 and Qino Cyber Capital. This round will be used to accelerate product development and market expansion. QIZ Security was created by Ben Volkow, Lenny Ridel and Itan Barmes, a team with many years of experience in the areas of cybersecurity, business services and back-quantification, of which Barmes was previously in charge of the Deloitte Global Quantum Network Security Preparedness Team. Its platform, which helps businesses to identify and assess the risks of encrypted assets and to advance remedial measures, is now being applied in such sectors as finance, telecommunications, health care and critical infrastructure, and has established partnerships with Cisco, AWS, Google, CrowdStrike, Deloitte, Young Young and IBM。