BlockBeats News, July 9th, Crypto threat intelligence and Post-Quantum Cryptography (PQC) management platform QIZ Security announced the completion of a $17 million seed round, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. This funding round will be used to accelerate product development and market expansion.

QIZ Security, co-founded by Ben Volkow, Lenny Ridel, and Itan Barmes, has a team with years of experience in cybersecurity, enterprise services, and post-quantum transformation. Barmes previously led Deloitte's global quantum network security readiness team. Their platform helps enterprises discover and assess encryption asset risks and advance remediation measures. It has been applied in industries such as finance, telecommunications, healthcare, and critical infrastructure, and has established partnerships with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, and IBM, among others.