Company type | Private |
---|---|
Industry | |
Founded | January 2020 |
Founders | Assaf Rappaport, Yinon Costica, Roy Reznik, Ami Luttwak |
Headquarters | , US |
Key people | |
Number of employees | c. 950 (2024) [1] |
Website | wiz |
Wiz is a cloud security startup headquartered in New York City. [2] [1] The company was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously founded Adallom. [3] [4] Rappaport is CEO, Costica is VP of Product, Reznik is VP of Engineering, and Luttwak is CTO. The company's platform analyzes computing infrastructure hosted in AWS, Azure, GCP, OCI, and Kubernetes for combinations of risk factors that could allow malicious actors to gain control of cloud resources and/or exfiltrate valuable data.
As of February 2024, Wiz employed about 900 people, with most sales and marketing personnel scattered across North America and Europe while most engineering personnel are based in Tel Aviv, Israel. [5] [6] [7] In August 2022, Wiz claimed to be the fastest startup ever to scale from $1 million to $100 million in annual recurring revenue (ARR), from February 2021 to approximately July 2022. [8] In February 2023, following its series D round of funding, Wiz claimed to be the largest cyber unicorn in the world and the fastest Software-as-a-Service company to reach a $10 billion valuation. [9] In February 2024, the company claimed to have reached $350M in ARR, with a 40% market share of Fortune 100 companies. [1] [10]
Wiz has raised a total of $1.9 billion from a combination of venture capital funds and private investors:
Wiz has acquired two companies:
In April 2024, reports indicated that Wiz intended to purchase Lacework, but in May the deal fell through during the due diligence process. [18]
Wiz researchers have discovered and responsibly disclosed numerous cloud vulnerabilities that garnered significant media coverage:
These findings (and others) have been presented at several conferences, including BlackHat, [28] [29] [30] RSAC, [31] [32] and DEF CON. [33]
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