Encryption QIZ Security raises $17 million for cryptographic management platform July 9, 2026 Share By SC Staff (Adobe Stock) QIZ Security, an Israeli startup, announced on Thursday that it has raised $17 million in seed funding for its cryptographic posture and post-quantum cryptography management platform. The funding round was led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The investment will be used to accelerate the company’s growth and enhance its platform, based on information published by Security Week. QIZ Security has developed a platform designed to help organizations govern encryption across on-premises, cloud, and hybrid environments. The platform continuously discovers cryptographic assets, maps their connections to applications and business systems, and flags issues such as outdated protocols, weak cipher suites, and encryption gaps affecting data in transit and at rest. The system ranks identified weaknesses by severity and business impact, then generates a prioritized remediation plan. QIZ’s approach relies on API-based integration rather than agents or network probes, and is intended to support collaboration among CISOs, compliance staff, and application owners. The company also positions its platform as a response to the looming risk posed by quantum computing, with CEO Ben Volkow stating that post-quantum readiness is becoming a board-level cybersecurity priority. Source: Security Week SC Staff Related Encryption Keyfactor secures over $1 billion in funding to expand encryption management SC Staff July 9, 2026 Keyfactor's platform, AgileSec, helps organizations manage and secure their encryption keys and other cryptographic assets like digital certificates. Encryption France accelerates transition to post-quantum encryption SC Staff July 6, 2026 France's cybersecurity agency, ANSSI, announced it will stop certifying security products lacking quantum-resistant encryption starting in 2027. Encryption Researchers discover new class of weak RSA keys in the wild SC Staff June 29, 2026 The identified weak keys exhibit patterns of regularly spaced blocks of zeros. Get daily email updates SC Media's daily must-read of the most current and pressing daily news Business Email By clicking the Subscribe button below, you agree to SC Media Terms of Use and Privacy Policy . Subscribe Related Terms 2048-bit Encryption Byte Diffie-Hellman Digital Signature Encapsulation Pretty Good Privacy (PGP)™ Public-Key Forward Secrecy (PFS) Signals Analysis Stream Cipher Symmetric Cryptography You can skip this ad in 5 seconds