Israel

Wiz’s success could incentivize more cybersecurity start-ups to focus on addressing AI risks, which could help reduce companies’ trepidation about fully integrating AI into their workflows.

Better understanding the costs to integrate cybersecurity solutions into clients’ operations will enable VCs to improve the chances of portfolio companies capturing more market share, says Justin Somaini, YL Ventures' newest partner.

Investors in Fund II include the Grantham Foundation for the Protection of the Environment, the Dunn Family Charitable Foundation, Carbon Equity, Builders Vision and New Summit Investments.

LPs in Accel London VIII include the Delaware Public Employees' Retirement System, which committed $25 million.

The fund will focus on early-stage Israeli start-ups.

Vintage Investment Partners, which is an investor in funds from Accel, a16z and General Catalyst, closed its fourth growth-stage fund at $200m, bringing its AUM to $4bn.

Flashpoint RI Secondary Fund II will focus on companies with annual recurring revenue of $30m to $150m, says general partner Michael Szalontay.

The fund is targeting $150m to back direct secondary opportunities in European growth-stage companies.