QIZ Security Raises $17M Seed

QIZ Security Raises $17M Seed

QIZ Security, a New York-based cybersecurity firm specializing in cryptographic posture and Post-Quantum Cryptography management, has secured $17 million in seed funding. The capital will support the company as it scales its platform to help enterprises navigate the transition to quantum-safe security infrastructure.

The funding round was co-led by Bessemer Venture Partners and Merlin Ventures. Additional participants include Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital.

The company plans to use the new capital to accelerate its rapid growth, deepen product development, and expand its market presence to meet the increasing enterprise demand for cryptographic agility and quantum-safe transition planning.

Founded in 2026, QIZ Security was established by industry veterans Ben Volkow, Lenny Ridel, and Dr. Itan Barmes. The company provides an end-to-end operating layer designed to help organizations discover, inventory, and govern cryptographic assets across complex hybrid environments, ensuring they are prepared for the emerging threat of quantum-enabled decryption.

Funding Details

Company Website: https://qizsecurity.com

Company: QIZ Security

Raised: $17M

Round: Seed

Funding Date: July 9, 2026

Lead Investor: Bessemer Venture Partners, Merlin Ventures

Additional Investors: Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, Qino Cyber Capital

Company Website: http://www.qizsecurity.com

Software Category: Cybersecurity