Gem

Acquired

Wiz acquires Gem Security to reinvent cloud threat detection | Wiz Blog

New York, United States · $46.0M raised

Headquarters
New York
Business Model
B2B
Total Funding
$46.0M
Last Round
$37.0M Series BOct 2020
Rounds
3

About

Gem Security built a Cloud Detection and Response (CDR) platform that helps security operations (SOC) teams stop cloud threats before they escalate into incidents, in contrast to traditional cloud security tools that mainly analyze static configurations for vulnerabilities. Gem's platform instead focuses on real-time defense against cloud-native attacks, continuously analyzing cloud activity so SOC teams can identify and investigate suspicious or unauthorized actions. The New York-based startup was acquired by cloud security company Wiz for approximately $350 million in April 2024, with its technology folded into Wiz's Cloud Native Application Protection Platform (CNAPP).

Summary

Gem is a HR Tech company based in New York, United States. It has raised $46.0M in total across 3 rounds, most recently a $37.0M Series B round in Oct 2020. Investors include Accel and Greylock Partners.

Tech & App Stack

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Funding History

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Series BSeries BOct 2020
$37.0M

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Seed through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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