QIZ Security Completes $17 Million Seed Round Financing

QIZ Security, a post-quantum cryptography management platform, has announced the completion of a $17 million seed round financing, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The funding will be used to accelerate product development and market expansion. QIZ Security was co-founded by Ben Volkow, Lenny Ridel, and Itan Barmes, who have years of experience in cybersecurity, enterprise services, and post-quantum transformation. The platform helps businesses identify and assess risks associated with cryptographic assets and advance remediation measures, and has been applied in industries such as finance, telecommunications, healthcare, and critical infrastructure, establishing partnerships with companies like Cisco, AWS, Google, CrowdStrike, Deloitte, EY, and IBM.