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Wiz

20 stories about Wiz
Wiz founders

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 team

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
CTech AIsrael Conference Ami Luttwak

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 team

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
Wiz team

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
Wiz team

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
Flow Security

$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
אריה זילברשטיין רון קוניגסברג ו אופיר ברוקנר מייסדי Gem Security ג'ם סיטי

Cyber decacorn Wiz acquiring Gem Security for $350 million

13.03.24|Meir Orbach
Israeli startup Gem, which has developed a Cloud Detection and Response (CDR) platform, has raised $34 million to date
מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz eyeing hundreds of millions of dollars in new funding at over $10 billion valuation

09.03.24|Meir Orbach
According to the Financial Times, the cybersecurity unicorn, which has already raised $900 million to date, is in talks with investors including Thrive, Lightspeed Venture Partners and G Squared
Gali Bloch Liran Maya Elhalal

Wiz hits $350 million in ARR, plans to add 400 employees in 2024

05.02.24|Meir Orbach
The cloud security unicorn also announced the appointment of Dali Rajic, former President and COO of Zscaler, as its President and Chief Operating Officer. “We are eager to reach the future milestone of $1 billion as we look toward an IPO,” said Assaf Rappaport, CEO & co-founder of Wiz
Wiz team

The five biggest megarounds of 2023 in Israeli tech

27.12.23|CTech
Cloud security startup Wiz’s $300 million Series D was the largest funding round by an Israeli startup in the past year, followed by Next Insurance ($265 million), eToro ($250 million), Cato Networks ($238 million), and AI21 ($208 million)
Raftt team

Cyber unicorn Wiz makes first acquisition with purchase of Israeli startup Raftt

04.12.23|Meir Orbach
The value of the deal was not disclosed, but it is estimated that Wiz paid tens of millions of dollars for Raftt, which has developed a cloud-based platform for creating and sharing development environments
תומר וינגרטן מייסד ומנכ"ל סנטינל וואן

SentinelOne CEO downplays takeover talk, calls Wiz "a nice little startup"

02.09.23|CTech and Reuters
Tomer Weingarten was speaking after the cybersecurity company he founded raised its full-year forecast and amidst reports of a potential sale
מימין אסף רפפורט ו תומר וינגרטן

SentinelOne terminates cooperation with Wiz amidst takeover talk

30.08.23|Sophie Shulman
Wiz expressed its intention to acquire SentinelOne this past weekend despite being a relatively young startup while the latter is a decade-old public company employing almost three times its workforce
מימין אסף רפפורט ו תומר וינגרטן

Wiz and SentinelOne merger will create a global cyber giant - What stands in its way?

26.08.23|Sophie Shulman
Market estimations suggest that SentinelOne will not agree to a deal for less than $18-20 per share, equating to around $6 billion and 25% above the current value
בכירי סנטינל וואן בהנפקת החברה בבורסת ניו יורק ביוני האחרון

A huge merger in Israeli cyber? Wiz considers potential bid for SentinelOne

26.08.23|Sophie Shulman
If the deal goes through Wiz will need to raise capital for this move, as it will be worth more than $5 billion. Bloomberg reports that Wiz is already in talks with banks that may finance the bold move
מימין מנכ"ל ומייסד אורקה גיל גרון עם מנכ"ל ומייסד Wiz אסף רפפורט

Orca Security suing Wiz for patent infringement in cloud security unicorn showdown

12.07.23|Sophie Shulman
Orca is seeking a ban on the sale of products that it claims infringe its patents, which it alleges were copied by Wiz. "Instead of facing competition and earning the trust of customers, it seems that the company has resorted to the desperate step of filing a lawsuit," Wiz said in response
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