The round was led by Bessemer Venture Partners and Merlin Ventures, with participation from, Evolution Equity Partners, Qbeat Ventures, Singtel Innov8 and Qino Cyber Capital.

QIZ Security provides cryptographic posture and PQC management, helping organizations move toward crypto-agility through cryptographic policy alignment, continuous discovery, inventory, remediation, and governance. The QIZ team brings more than six years of hands-on PQC experience, having supported more than 100 organizations in their transition toward quantum-safe readiness. QIZ is trusted by some of the world's largest organizations to manage and govern their cryptography across complex enterprise environments.