Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

San Francisco, CA-based access management platform provider Lumos has raised $35 million in Series B financing.

Aerodome, a Los Angeles, CA-based company specializing in Drone-As-First-Responder (DFR) technology, has secured $21.5 million in a Series A funding round.

Cloud security company Wiz has raised $1 billion in a funding round.

Palo Alto, Calif.-based Hippocratic AI, a company building a Large Language Model (LLM) for healthcare, has closed a $53 million Series A funding round.