Fundz

Wib Raises $16 Million Investment To Accelerate Growth And Tackle Rising Api Security Problem

PRIVATENov 08, 2022

Amount Raised

$16 Million

Round Type

Venture

Tel AvivInformation TechnologySecurityCyber SecurityNetwork SecurityCloud Security

Investors

Koch Disruptive Technologies

Description

Wib, the fast-growth cybersecurity startup pioneering a new era in API security, today announced a $16 million investment led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc, with participation from Kmehin Ventures, Venture Israel, Techstars and existing investors. The investment will be used to enhance Wib's pioneering holistic API security platform and accelerate international growth as it expands operations across the Americas, UK and EMEA.

Quick answer

Wib raised $16 Million in a funding round, dated November 8, 2022. Investors: Koch Disruptive Technologies. Wib is based in Tel Aviv, Tel Aviv District, Israel.

How much did Wib raise?
Wib raised $16 Million in a funding round on November 8, 2022.
Who invested in Wib?
Koch Disruptive Technologies is named as investors in this round.
What does Wib do?
Wib is pioneering a new era in API security with its industry first holistic API security platform.
Where is Wib based and how big is it?
Wib is based in Tel Aviv, Tel Aviv District, Israel.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Wib that raised within 45 days of this round, from Fundz verified event records.

  • Versa Networks raised $120M (Funding Round) on October 27, 2022.
  • Corsa Security raised an undisclosed amount (Funding Round) on October 25, 2022.
  • Corsa Security raised $10M (Funding Round) on October 20, 2022.
  • Versa Networks raised $75M on October 14, 2022.
  • VMRay raised an undisclosed amount (Series B) on December 20, 2022.
  • Malwarebytes raised $100M on December 13, 2022.

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Company Information

Company

Wib

Location

Tel Aviv, Tel Aviv District, Israel

About

Wib is pioneering a new era in API security with its industry first holistic API security platform. Providing continuous and complete visibility and control across the entire API ecosystem, Wib enables developers to code with confidence and security teams to secure with surety. Wib’s elite team of developers, attackers, defenders and seasoned cybersecurity professionals draw on real-world experience and expertise to help define and develop innovative technology solutions that enable customers with the identity, inventory and integrity of every API, wherever it may be within the development lifecycle, without compromising development or stifling innovation. Wib is Headquartered in Tel Aviv, Israel with international presence in Houston, USA and London, UK. It was founded in August 2021 by serial entrepreneur Gil Don (CEO), Ran Ohayon (CRO) and Tal Steinherz who previously served as the CTO of Israel’s national cyber directorate.

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Wib raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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