ACCESSIBILITY

24/7

Headlines

16:00

Lightricks challenges AI giants with open-source text-to-video platform

19:28

Full list of Israeli high-tech funding rounds in 2024

19:24

TailorMed raises $40 million in equity and debt to help patients access critical medications

18:17

Why Israeli tech companies are moving to Miami

Buzz

Most popular

Daily

Weekly

Stars over Athens: The who’s who at Calcalist's first Israel-Greece conference

Wiz acquires Dazz for $450 million to strengthen AI-driven cloud security

Cyera doubles valuation to $3B with $300M Series D, total funding hits $600M in seven months

Mediaocean acquires Innovid for $500M, delisting it from the NYSE

Oracle CEO: "If we continue on our current trajectory, reaching a valuation of a trillion dollars is inevitable"

More news

Wiz

20 stories about 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.

Wiz founders to net over $2 billion each in Google deal

15.07.24|CTech

CEO Assaf Rappaport, CTO Ami Luttwak, VP Product Yinon Costica, and VP R&D Roy Reznik are each believed to hold an estimated 10% of the company. With all four being Israel residents, each will have to pay 25% capital tax and an additional 3% surtax, meaning they will be contributing over $600 million each in taxes.

From Waze to Wiz: Google writing new chapter in Israeli tech history

14.07.24|Sophie Shulman

A small step for Google is a giant leap for Wiz and especially for the Israeli tech industry, which has been struggling to preserve its prestige and reputation in what has been the most challenging year and a half it has known.

Wiz acquisition: Google goes all-in on cyber with historic deal

14.07.24|Meir Orbach

Google can transform Wiz through its vast infrastructure into a billion-dollar company in a very short time, making it an equal competitor to giants like Palo Alto Networks, Cisco, and others.

Google in negotiations to acquire Wiz in $23 billion deal

14.07.24|Meir Orbach

According to the Wall Street Journal, Google parent Alphabet is looking to purchase the Israeli cybersecurity company in what would be its largest acquisition ever. Wiz raised $1 billion at a $12 billion valuation earlier this year.

Top 5 Israeli high-tech fundraising rounds in the first half of 2024

25.06.24|CTech

Wiz, Axonius, Island, WEKA, and Silverfort all caught our eyes with their large fundraising announcements this year

מימין אסף רפפורט מ וויז ו אבי שוע מ אורקה

Cyber wars: Wiz denies Orca’s patent claims, strikes back with counterclaims

06.06.24|Meir Orbach

Patent dispute intensifies as Wiz rejects claims that it has infringed on any of Orca's patents, offering a counter-narrative highlighting its own technological advancements and market success

May 2024 in Israeli tech funding: $1.46 billion in 19 deals

02.06.24|CTech

Thanks to the biggest funding round in Israeli tech history courtesy of Wiz, local startups raised over $1 billion for a second straight month

מימין מנכ"ל ומייסד אורקה גיל גרון עם מנכ"ל ומייסד Wiz אסף רפפורט

Wiz vs. Orca: Delaware court sets stage for high-stakes IP showdown

26.05.24|Meir Orbach

The court rejected Wiz’s request to dismiss Orca’s lawsuit outright, setting a trial date for December 2025

Wiz President: "I truly believe that Wiz is on its way to becoming the largest cyber company in the world"

08.05.24|Meir Orbach

"I want to turn Wiz from an unimaginable wonder into a well-oiled machine in order to set the standard in everything related to cloud security," added Dali Rajic after Wiz raised $1 billion at a $12 billion valuation

Unstoppable Wiz: Cyber startup nets another $1 billion in funding as valuation jumps to $12B

07.05.24|Meir Orbach

The four-year-old decacorn, which took its total funding to date to $1.9 billion, said it will use the latest round of funding to help drive future M&A efforts, along with talent recruitment and product development

Wiz deal to acquire Lacework collapses

02.05.24|Meir Orbach

The companies recently signed a Letter of Intent with the aim of completing a deal for around $150-200 million. However, negotiations fell through in the due diligence process. Lacework was valued at $8.3 billion in 2021

Wiz CTO: “AI is probably the fastest-adopted technology in history”

24.04.24|James Spiro

Ami Luttwak, Co-founder and CTO at Wiz, spoke to CTech at AIsrael 2024 about the company’s recent acquisition of Gem Security and the GenAI space.

Wiz shareholders finalizing secondary deals worth hundreds of millions of dollars

21.04.24|Meir Orbach

The cyber decacorn is being valued at significantly more than the $10 billion valuation it received in its $300 million Series D last year

Cyber decacorn Wiz in advanced negotiation to acquire Lacework for $150-200 million

18.04.24|Meir Orbach

The companies recently signed a Letter of Intent and are now in the midst of a comprehensive due diligence process. Lacework was valued at $8.3 billion in 2021

כנס חוסן בהייטק AISRAEL - פאנל סייבר מימין מאיר אורבך איתמר גולן לירן גרינברג אל"מ במיל' טליה גזית ו עמי לוטבק

"The IDF needs to change its defense concepts and incorporate more AI tools"

14.04.24|Maayan Manela

Talya Gazit, partner and CEO of PwC Next and former head of “Mamram”, the IDF technology and cyber defense unit, was speaking on a panel on cyber at the AIsrael conference. Also participating were Liran Grinberg, founder and managing partner of Team8, Ami Luttwak, co-founder and VP of Technologies at Wiz, and Itamar Golan, founder and CEO, Prompt Security

אריה זילברשטיין אופיר ברוקנר ו רון קוניגסברג Gem Security

Wiz completes $350 million acquisition of Gem Security to expand CDR offering

10.04.24|Meir Orbach

The decacorn is acquiring its fellow Israeli company which has developed a Cloud Detection and Response platform and raised $34 million since its founding in 2022

סייבר למידת מכונה למידה עמוקה אינטליגנציה מלאכותית

Wiz uncovers security flaws at AI-as-a-Service platform Hugging Face

04.04.24|CTech

“Our research with Hugging Face carries much broader takeaways for the industry, because these security issues could affect any AI-as-a-service provider. It's an important reminder that amid the AI boom, we must enforce mature regulation and security practices,” said Shir Tamari, Head of Research at Wiz

Four Wiz founders enter global billionaires list with $1 billion each

03.04.24|CTech

According to Forbes, CEO Assaf Rappaport, CTO Ami Luttwak, VP Product Yinon Costica, and VP R&D Roy Reznik are now among the world’s 2,781 billionaires. Another new entrant is monday.com co-CEO Roy Mann with $1.3 billion. There are 36 Israelis on the list in total, with Eyal Ofer leading the way with $24 billion

$50 million plus per founder: Cyber M&A flurry creates new list of millionaires

18.03.24|Meir Orbach

The entrepreneurs behind Avalor, Flow Security and Gem Security are set to cash in over $50 million each after being acquired over recent weeks by cyber giants Zscaler, CrowdStrike and Wiz, respectively

Previous Articles More Articles