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Wiz

20 stories about Wiz
Assaf Rappaport Udi Mokady

CyberArk and Wiz join forces to enhance cloud security in multi-cloud environments

13.11.24|CTech
The alliance provides improved visibility and control over human and machine identities, a growing concern in cloud-native organizations. 
מימין תומר שוורץ סמנכ״ל טכנולוגיות מרב בהט מנכ״לית ו יובל אופיר סמנכ״ל מחקר ופיתוח חברת אבטחת הענן Dazz

Wiz eyeing Dazz acquisition in deal worth hundreds of millions

04.11.24|Meir Orbach
The cybersecurity giant is considering acquiring Israeli startup Dazz, which provides AI-powered cloud security remediation.
הרצברג. "גיליתי שמלצרות היא דבר מעייף ובהייטק אפשר להרוויח פי כמה, אז ירדתי מהעץ הזה"

Wiz will be bigger than CrowdStrike and Palo Alto: Cyber decacorn's top female executive shares her vision

22.10.24|Diana Bahur-Nir
A chance encounter with Assaf Rappaport led Raaz Herzberg, Wiz's CMO & VP Product Strategy, to become a key member of the company, helping the cybersecurity startup pivot to cloud security and become a global powerhouse.
חיילי מילואים בחזית

Wiz, Kela, and the future of Israeli tech: How local startups continue to thrive against the odds

02.10.24|Meir Orbach, Sophie Shulman, Elihay Vidal
Israel’s tech industry has suffered many hits in the past year as it has persevered amidst the ongoing war against Hamas and Hezbollah. Despite the many challenges this has posed, the industry has continued to register exits, including some record-breaking deals, and produce important trendsetters in AI, defense, cyber and other areas.
Wiz founders

$20B? $23B? What difference does it make as long as Wiz keeps the headlines rolling

25.09.24|Meir Orbach
Rejected offers and rising valuations seem to define the journey of the Israeli cyber unicorn.
משרדי WIZ בג'קרטה אינדונזיה

Wiz eyes $20 billion valuation in potential $500-$700 million share sale

25.09.24|CTech and Reuters
Earlier in July, Wiz ended talks with Google-parent Alphabet on a proposed $23 billion deal, a valuation that nearly doubled what the cybersecurity firm announced in May, when it raised $1 billion in a private funding round. 
קרן הון סיכון אינסייט Insight Partners

Insight Partners selling $1B in startup stakes, including Wiz, to free up funds for investors

15.09.24|Meir Orbach and Reuters
The private equity firm is on the verge of closing a new $10 billion-plus fund, roughly half the amount originally targeted, the Financial Times also reported. The VC has established a continuation fund that enables LPs to sell their stakes in portfolio companies to other investors, while allowing Insight to keep its ownership in the underlying company.
משרדי WIZ בג'קרטה אינדונזיה 1

Wiz eyeing US government contracts after receiving FedRAMP approval

15.08.24|CTech
With FedRAMP certification in hand, Wiz aims to leverage its cloud security platform across federal agencies. 
אסף רפפורט מייסד ו מנכל WIZ וויז

Wiz secures multi-million SoftBank investment to expand in Asian cloud market

07.08.24|Meir Orbach
The Israeli cyber company, which recently rejected a $23 billion offer from Google, plans to double its workforce in Asia by the end of the year after recently recruiting dozens of employees in Japan, Singapore, Australia, and New Zealand, and establishing a new data center in Sydney. 
מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz-Google deal collapse will only benefit Israel’s cyber industry

24.07.24|Meir Orbach
By canceling the deal, Wiz’s founders have paved the way for other Israeli entrepreneurs to feel confident in their path. 
מייסדי וויז Wiz founders

From IPO dreams to CrowdStrike’s crisis: Inside the collapse of the Wiz-Google mega deal

23.07.24|Sophie Shulman
The timing of CEO Assaf Rappaport's announcement that Wiz was walking away from the Google deal on the eve of the giant’s earnings report indicates that he was mulling the decision until the very last moment. The fear of becoming history at the age of 40, the blow received by competitor CrowdStrike, the attempt to raise the price, and the desire for a huge IPO were probably among the considerations that tipped the scales. 
Assaf Rappaport Wiz Dog

The $23 billion gamble: Wiz's bold move to stay independent

23.07.24|Meir Orbach
CEO Assaf Rappaport and the other founders did not want to sell Wiz to Google. Reluctantly, they had to participate in the negotiations and show full commitment to the company's investors. However, as the moment of truth approached, they made an unexpected decision: to give up $23 billion in favor of the more challenging option of developing the company in preparation for a giant IPO. 
מייסדי וויז Wiz founders

Wiz rejects Google’s $23 billion acquisition offer, eyes IPO instead

23.07.24|Omer Kabir
"Let me cut to the chase: our next milestones are $1 billion in ARR and an IPO. Saying no to such humbling offers is tough, but with our exceptional team, I feel confident in making that choice," CEO Assaf Rappaport wrote in an email to employees. The deal was supposed to be the largest acquisition ever by the American search giant and the largest exit of an Israeli company.
מייסד פאלו אלטו ניר צוק ומייסד וויז אסף רפפורט

CrowdStrike's troubles open new doors for Israeli cyber companies

21.07.24|Sophie Shulman
The American company may not have been a household name in Israel or globally until this weekend's outage, but it is highly regarded in the cyber industry and is a major competitor to many Israeli cyber companies. 
Edge FBI

The Israeli company helping hack the Trump shooter's phone - and Google has eyes on Startup Nation

18.07.24|CTech
Also on our AI-native show:  Innovalve acquired for $300 million in cash by Edwards Lifesciences
מימין: מנכ"ל Wiz אסף רפפורט והמשקיע גילי רענן מקרן הסייבר

Napkin contract in gas station: Wiz's journey from Israel's military intelligence to $23B exit

17.07.24|Reuters
Along with universities, Israel's military intelligence and technology units, such as 8200, have provided the leaders for hundreds of tech startups, including Wiz.
דייב דה וולט מייסד קרן NightDragon

Dave DeWalt: "Wiz is at the right place, at the right time, with the right product"

17.07.24|Reuters
The founder of the cyber-focused VC firm NightDragon and former CEO of cyber firm FireEye noted that cloud security is the most important and fastest-growing part of cybersecurity, which is why Google is interested in Wiz's products to defend against ransomware gangs wreaking havoc on large enterprises 
מימין ניר צוק ו עומרי כספי

From Nir Zuk to Omri Casspi: The unexpected winners of the historic Wiz deal

17.07.24|Sophie Shulman, Meir Orbach
The Palo Alto Networks founder and NBA player turned VC are just two of the surprise winners in the deal. The likes of Shlomo Kramer, Mickey Boodaei, and Marius Nacht are also all set to make a handsome profit through their investment in Gili Raanan’s Cyberstarts fund, which is believed to hold a $900 million stake in Wiz.
סונדאר פיצ'אי Sundar Pichai

Why Google needs Wiz to keep up with Amazon and Microsoft

16.07.24|Meir Orbach
Google does not have a cyber strategy like its cloud competitors, Microsoft and Amazon. It is trying to catch up quickly, but for that it needs Wiz 
מימין דאלי ראג'ק ו אסף רפפורט wiz

From IPO dreams to a Google acquisition: Wiz's $23 billion journey

16.07.24|Sophie Shulman
Wiz, once focused on an IPO, ultimately embraced a massive buyout from Google, altering its growth trajectory. The acquisition is a testament to the fluctuating dynamics of the tech sector and investor influence. 
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