Quantum security startup QIZ Security announced the completion of a $17 million seed funding round, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8 and Qino Cyber Capital. QIZ focuses on cryptographic asset management and post-quantum cryptography (PQC), aiming to help enterprises migrate from existing encryption infrastructure to quantum-safe architectures as the threat of quantum computing looms. QIZ was co-founded by Ben Volkow, Lenny Ridel, and Itan Barmes, former head of Deloitte’s global quantum cybersecurity readiness team.