QIZ Security has successfully raised $17 million in a seed funding round to enhance its post-quantum encryption security solutions. The round was led by Bessemer Venture Partners and Merlin Ventures, with additional investments from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The company specializes in cryptographic asset management and post-quantum cryptography (PQC), offering services such as continuous asset discovery, risk modeling, and governance. QIZ Security aims to assist major sectors like finance, telecommunications, and healthcare in achieving 'crypto agility' to counter the potential threat of quantum computing, which could compromise current encryption systems by 2029. The firm collaborates with industry leaders including Cisco, AWS, Google, and IBM to facilitate enterprise quantum-safe migration planning.