๐ฉบ Backing QIZ Security: Cryptographic Posture Management for the Post-Quantum Era
Bessemer led QIZ Security's $17M seed round to build a "cryptographic posture management" platform that discovers and governs enterprise encryption ahead of quantum decryption risk. Regulatory urgency is rising fast: NIST's 2024 post-quantum standards deprecate classical public-key cryptography by 2030, and a June 2026 US Executive Order now forces federal agencies and contractors onto post-quantum crypto by end-2030, with parallel EU rules following. Bessemer frames it as a "CSPM-for-cryptography" pattern โ an invisible enterprise attack surface becoming a new standing security-budget line item.
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