QIZ Security Secures $17 Million to Revolutionize Cryptographic Governance
Israeli startup QIZ Security has just announced a significant funding boost of $17 million in seed money for its groundbreaking cryptographic posture and post-quantum cryptography (PQC) management platform. This investment, led by Bessemer Venture Partners and Merlin Ventures, with additional backing from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital, will accelerate the company’s growth and enhance its cutting-edge technology.
The need for such a platform has never been more pressing. As organizations continue to accumulate vast amounts of sensitive data across on-premises, cloud, and hybrid environments, ensuring the security and integrity of this information has become a top priority. QIZ Security’s solution addresses exactly this challenge by continuously discovering cryptographic assets, mapping their connections to applications and business systems, and flagging potential issues such as outdated protocols, weak cipher suites, or encryption gaps affecting data both in transit and at rest.
One of the key innovations driving QIZ Security’s platform is its reliance on API-based integration rather than agents or network probes. This approach enables seamless collaboration among Chief Information Security Officers (CISOs), compliance staff, and application owners, facilitating a more holistic understanding of an organization’s cryptographic risk posture. By providing a prioritized remediation plan based on identified weaknesses and their severity, the platform empowers organizations to tackle cryptographic governance in a proactive and strategic manner.
The founders of QIZ Security, Ben Volkow, Lenny Ridel, and Itan Barmes, are well aware of the looming threat posed by quantum computing. “Post-quantum readiness is quickly becoming a board-level cybersecurity and business priority,” Volkow explained. “Enterprises cannot migrate what they cannot see, and they cannot manage cryptographic risk through one-time assessments.” QIZ Security’s platform aims to give organizations the continuous control layer they need to understand, govern, and modernize cryptography before the advent of quantum computing renders current encryption methods obsolete.
The implications of this investment are significant. As more organizations recognize the critical importance of cryptographic governance in an increasingly digital landscape, the demand for solutions like QIZ Security’s is likely to surge. This development underscores the pressing need for innovative technologies that can address the complex challenges associated with managing cryptography in today’s data-driven world.
In practical terms, this means that CISOs and IT teams should be paying close attention to the emerging trends in cryptographic governance and post-quantum security. As QIZ Security’s platform demonstrates, there is a growing need for solutions that can provide real-time visibility into an organization’s cryptographic risk posture, facilitate collaboration among stakeholders, and enable proactive remediation planning. By staying informed about these developments and exploring cutting-edge technologies like those offered by QIZ Security, organizations can better prepare themselves for the challenges of the digital age and safeguard their sensitive data in a rapidly evolving threat landscape.
Source: SecurityWeek — 2026-07-09