Israeli startup QIZ Security has secured $17 million in seed funding to accelerate its growth and enhance its cryptographic posture and post-quantum cryptography (PQC) management platform. This significant investment, led by Bessemer Venture Partners and Merlin Ventures, comes as organizations face increasing pressure to prepare for the looming threat of quantum computing.
QIZ Security’s platform is designed to help companies govern encryption across on-premises, cloud, and hybrid environments. It continuously scans cryptographic assets, mapping their connections to applications and business systems, and flags issues such as outdated protocols, weak cipher suites, and encryption gaps affecting data both in transit and at rest. The system then ranks identified weaknesses by severity and business impact, generating a prioritized remediation plan.
The company’s approach relies on API-based integration rather than agents or network probes, allowing for seamless collaboration among CISOs, compliance staff, and application owners. According to QIZ Security CEO Ben Volkow, post-quantum readiness is becoming a pressing board-level priority for enterprises. “Enterprises cannot migrate what they cannot see,” he noted, “and they cannot manage cryptographic risk through one-time assessments.” The company’s platform aims to provide the necessary control layer for organizations to understand, govern, and modernize cryptography before the advent of quantum computing.
The funding round also underscores the growing recognition of the need for robust cryptographic governance in the face of emerging threats. As the threat landscape continues to evolve, companies are increasingly seeking solutions that can help them stay ahead of the curve. QIZ Security’s platform is positioned as a key tool in this effort, offering a proactive approach to managing cryptographic risk.
The $17 million investment will be used to accelerate the company’s growth and further enhance its platform. This funding injection will enable QIZ Security to expand its reach and support more organizations in their efforts to prepare for post-quantum computing.
As the threat of quantum computing looms larger, companies are beginning to take steps to mitigate this risk. For those looking to stay ahead of the curve, QIZ Security’s platform offers a valuable resource for understanding and managing cryptographic posture. By investing in proactive solutions like this one, organizations can better prepare themselves for the challenges that lie ahead.
In practical terms, this means that companies should prioritize developing a comprehensive approach to managing their cryptographic assets. This includes regularly scanning and assessing cryptographic configurations, identifying areas of risk, and implementing remediation plans to address these vulnerabilities. By taking a proactive stance on cryptography management, organizations can reduce their exposure to emerging threats and ensure a more secure future for their data.
Source: SecurityWeek — 2026-07-09