As of November 2024[update], Wiz employed about 1,995 people, with most sales and marketing personnel scattered across North America and Europe while most engineering personnel are based inTel Aviv,Israel.[6][7] In August 2022, Wiz claimed to be the fastest startup ever to scale from $1 million to $100 million inannual recurring revenue (ARR), from February 2021 to approximately July 2022.[8] In February 2024, the company claimed to have reached $350M in ARR, with a 45% market share of Fortune 100 companies.[1][9]
In March 2025, it was announced thatAlphabet Inc. would acquire Wiz in a $32 billion deal.[10][11]
Wiz was founded in January 2020 byAssaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously foundedAdallom.[4][5] Rappaport is CEO, Costica is VP of Product, Reznik is VP of Engineering, and Luttwak is CTO.
Wiz agreed to acquire Tel Aviv-based Raftt, a cloud-based developer collaboration platform, for $50 million in December 2023.[12] In April 2024, the company acquired cloud detection and response startup, Gem Security, for around $350 million.[13] Also that month, reports indicated that Wiz intended to purchase Lacework, but in May the deal fell through during the due diligence process.[14] In November 2024, the company acquired security remediation and risk management startup Dazz for a cash-and-share deal valued at $450 million.[15]
In March 2024,Google andAlphabet CEOSundar Pichai reached out to Rappaport via email to express interest in a potential bid to acquire the company. Rappaport initially missed the email until May, when he met with Pichai andGoogle Cloud CEOThomas Kurian at theGoogleplex inMountain View, California. Less than a month later,[16] Google made an offer to acquire the company at a valuation of $23 billion. Initially, Wiz turned down the offer in favor ofgoing public.[17][18] However, the deal was revived due to weakness in the IPO market and a moremergers and acquisitions–friendlyTrump administration, and on March 18, 2025, Google announced an all-cash acquisition of Wiz for $32 billion.[10][11][16] Once closed, Wiz will join Google Cloud.[19] The deal "represent[ed] the largest cybersecurity acquisition of all time [and] the most expensive acquisition Google has ever made in any sector".[16]
In February 2026, the acquisition received unconditional approval from the European Union’s antitrust authorities, removing the final major regulatory hurdle for the deal. The European Commission concluded that the transaction would not substantially lessen competition in the cybersecurity and cloud computing markets. The clearance allowed the acquisition to proceed without any conditions in the European Economic Area, paving the way for Wiz to fully integrate into Google Cloud. It is the largest technology acquisition involving an Israeli-founded company.[20][21]
Series B — In April and May 2021, Wiz raised $130 million and $120 million (respectively) on a $1.7 billion valuation fromGreenoaks [wd], Index Ventures, Sequoia Capital, Insight Partners, and Cyberstarts.[23]
Series C — In October 2021, Wiz raised $250 million on a $6 billion valuation[24][25] led by Greenoaks, and with participation from Insight Partners, Capital, Sequoia Capital, Salesforce Ventures, and CyberStarts, and individual investorsBernard Arnault andHoward Schultz.[26]
Series D — In February 2023, Wiz raised $300 million on a $10 billion valuation[27] led by venture capital fund Greenoaks Capital, with participation fromLightspeed Venture Partners, along with individual investors including Bernard Arnault and Howard Schultz.
Series E — In May 2024, Wiz raised $1 billion on a $12 billion valuation[28] from Andreessen Horowitz, Lightspeed Venture Partners, Thrive Capital, Greylock Partners, Wellington Management, Cyberstarts, Greenoaks, Index Ventures, Salesforce Ventures, Sequoia Capital and Howard Schultz.
Wiz researchers have discovered and publicly disclosed numerous cloud vulnerabilities that garnered significant media coverage:
ChaosDB – A series of flaws inMicrosoft Azure'sCosmos DB that made it possible to download, delete, or manipulate databases belonging to thousands of Azure customers.[29][30]
OMIGOD – Bugs inOpen Management Infrastructure (OMI), a ubiquitous but poorly documented agent embedded in many popular Azure services, that allowed for unauthenticated remote code execution and privilege escalation.[31]
NotLegit – Insecure default behavior in the Azure App Service that exposed the source code of some customer applications.[32]
ExtraReplica – A chain of critical vulnerabilities found in the Azure Database forPostgreSQL Flexible Server that could let malicious users escalate privileges and gain access to other customers' databases after bypassing authentication.[33][34]
AttachMe – A cloud isolation vulnerability that, before it was patched by Oracle Cloud Infrastructure, could have allowed attackers to access and modify other users' OCI storage volumes without authorization.[35]
Hell's Keychain – A first-of-its-kind cloud service provider supply-chain vulnerability in IBM Cloud Databases for PostgreSQL that, before it was patched, could have allowed malicious actors to remotely execute code in victims' environments.[36]
BingBang – A misconfiguration in Azure Active Directory (AAD) that allowed Wiz researchers to modify Bing.com search results in a way that malicious actors could use to steal Office 365 credentials granting access to countless users' private emails and documents.[37]