Post-Quantum Cryptography (PQC) orchestrator QIZ Security has secured a $17 million seed funding round to expand the deployment of its unified cryptographic governance and discovery platform. The investment was co-led by Bessemer Venture Partners and Merlin Ventures, with cross-border participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The capital injection accelerates product feature extensions and commercial market penetration as global tech enterprises react to tightening federal deadlines mandating immediate preparation for “Q-Day”—the future cryptographic flashpoint where fault-tolerant quantum hardware will possess the processing capacity to crack legacy public-key encryption layers.

                         [ QIZ Security Venture Capital Matrix ]
  Capitalization Tier ──► $17 Million Seed Round co-led by Bessemer & Merlin Ventures.
  Integration Architecture► API-based, agentless discovery layer deployed over hybrid infrastructure.
  Operational Objective ──► Continuous cryptographic asset mapping and active compliance enforcement.
  Ecosystem Partners  ──► Strategic alliances with Google Cloud, AWS, IBM, Cisco, and Deloitte.

The Engineering Challenge of Crypto-Agility

The underlying architectural problem facing enterprise security units stems from the decentralized, opaque nature of legacy cryptographic infrastructure. Most corporate networks rely on unmapped webs of RSA and Elliptic Curve Cryptography (ECC) protocols baked directly into third-party code packages, database connections, and communication links. This exposes companies to harvest-now, decrypt-later data extraction strategies conducted by malicious actors targeting critical national infrastructure, aerospace pipelines, and financial networks.

QIZ Security resolves this vulnerability by executing continuous, real-time discovery of a company’s full cryptographic posture. Rather than relying on intrusive, network-heavy host agents or network packet sniffer probes that degrade data center performance, the company built an agentless, API-based integration platform. The system automatically discovers on-premises, cloud, and hybrid cryptographic assets, maps their operational dependencies to specific business software, identifies weak cipher configurations or expired certificates, and ranks security vulnerabilities by institutional impact severity to build automated remediation roadmaps.

Ecosystem Alignment and Leadership Profiles

The company was co-founded in 2025 by industry veterans Ben Volkow (CEO), Lenny Ridel (CTO), and Dr. Itan Barmes (Chief Strategy Officer). Prior to co-founding QIZ, Dr. Barmes served as the director of the Global Quantum Cyber Readiness Team at Deloitte, supervising migration paths for international banks, telecom operators, and healthcare clusters transitioning toward post-quantum standards. The startup leverages this deep advisory background to coordinate automated policy frameworks aligning with strict regional and sector-specific governance parameters, including:

  • NIST PQC Standards: Implementing approved lattice-based algorithms.
  • CNSA 2.0 Timelines: Enforcing state-mandated post-quantum cryptography roadmaps.
  • DORA & NIS2 Mandates: Securing European financial and critical supply chain operations.

To scale its operational footprint, QIZ Security has built structural ecosystem integrations with major cloud, advisory, and endpoint security brands, including Google Cloud, AWS, IBM, CrowdStrike, Cisco, Deloitte, and EY. These integrations allow the 100+ organizations already utilizing the platform to achieve complete crypto-agility—enabling software engines to swap out vulnerable classical mathematical algorithms for quantum-resistant variants seamlessly across multi-vendor hybrid nodes without resetting the underlying corporate code stack.

Review the official capital parameters, post-quantum market milestones, and corporate expansion plans via the PR Newswire here.

July 9, 2026

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