In the heart of NYC, Wiz is a pioneering cloud security startup founded in January 2020 by visionary minds: Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak. Wiz's proactive platform scrutinizes AWS, Azure, GCP, OCI, and Kubernetes for vulnerabilities. With over 650 global employees, it swiftly scaled from $1M to $100M in annual revenue between Feb 2021 and Jul 2022. By Feb 2023, Wiz reached a $10B valuation in a Series D funding, solidifying its cyber unicorn status. Wiz continues to redefine cloud security, safeguarding the digital realm and embracing future innovations.VISIT WEBSITE
Revolutionizing Cloud Security from the Heart of NYC
In the bustling heart of New York City, a groundbreaking American cloud security startup has been making waves since its inception. Meet Wiz, a dynamic company that has rapidly emerged as a powerhouse in the realm of cloud security.
A Visionary Team with a Proven Track Record
Founded in the crisp month of January 2020, Wiz was the brainchild of visionary minds: Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak. These trailblazers had previously joined forces to establish the successful venture, Adallom.
Leading Wiz is Assaf Rappaport, the CEO. Yinon Costica serves as VP of Product, Roy Reznik as VP of Engineering, and Ami Luttwak as CTO. Together, this talented quartet leads Wiz in its quest to fortify cloud security.
A Cutting-Edge Platform for Unrivaled Cloud Security
The company’s clever platform dissects the complex computing infrastructure of AWS, Azure, GCP, OCI, and Kubernetes. It actively seeks risky combinations that might give malicious actors cloud access or data theft capability.
A Global Workforce, United by a Common Mission
By February 2023, Wiz had become a thriving employment hub, employing over 650 individuals. Sales and marketing experts were strategically placed in North America and Europe, while engineering talents were centered in Tel Aviv, Israel. This global distribution attests to Wiz’s determination to craft a security solution that transcends boundaries.
Setting Records: Wiz’s Meteoric Rise in the Startup Arena
In August 2022, Wiz etched its name into the annals of startup history, boasting an achievement that few could match. With unparalleled swiftness, the company soared from a humble $1 million to a staggering $100 million in annual recurring revenue (ARR), all within the remarkable timeframe from February 2021 to approximately July 2022. This remarkable feat underscored Wiz’s meteoric rise and its unyielding commitment to excellence.
The Cyber Unicorn: Pioneering the Future of Cybersecurity
Fast forward to February 2023, and Wiz had yet again secured its place in the spotlight, this time as the embodiment of a cyber unicorn. Fresh from its Series D round of funding, the company proudly declared itself the reigning champion of the cyber world. Its valuation reached an unprecedented milestone, surging to a remarkable $10 billion – a testament to Wiz’s unrivaled ascent in the realm of Software-as-a-Service (SaaS) companies.
A Future Bright with Innovation and Security
In a world where cloud security is paramount, Wiz stands as an exemplar of innovation, tenacity, and triumph. Its journey from inception to global prominence showcases the prowess of visionary minds united by a common mission. As Wiz continues to fortify the digital landscape, one thing remains clear: this is a trailblazer that shows no signs of slowing down. The future holds untold possibilities as Wiz strives to revolutionize cloud security and safeguard the digital realm like never before.
Wiz secured a cumulative sum of $900 million through a blend of venture capital funds and private backers:
- In December 2020, for their Series A funding round, Wiz emerged from their concealed state and gathered $100 million from a consortium including Index Ventures, Sequoia Capital, Insight Partners, and Cyberstarts.
- During the months of April and May in 2021, Wiz underwent their Series B funding round, accumulating $130 million and $120 million (successively) while being valued at $1.7 billion. Investors in this round comprised Index Ventures, Sequoia Capital, Insight Partners, and Cyberstarts.
- In October 2021, Wiz accomplished their Series C funding round by raising $250 million, which set their valuation at $6 billion. The investment came from a group of venture capital funds such as Insight Partners, Greenoaks Capital, Sequoia Capital, Salesforce Ventures, and CyberStarts. Individual investors like Bernard Arnault and Howard Schultz also participated.
- Moving into February 2023, Wiz conducted their Series D funding round and amassed $300 million, valuing the company at $10 billion. This round’s financial backing was provided by venture capital firms Lightspeed Venture Partners and Greenoaks Capital, alongside individual investors like Bernard Arnault and Howard Schultz.