Wiz (company)

For Akihiro Yokoi's WiZ, see Tamagotchi.
Wiz, Inc.
Company typePrivate
Industry
FoundedJanuary 2020; 4 years ago (January 2020)
Founders
  • Assaf Rappaport
  • Yinon Costica
  • Roy Reznik
  • Ami Luttwak
Headquarters
New York City
,
US
Key people
Number of employees
c. 1200 (2024)[2]
Websitewiz.io

Wiz, Inc. is a cloud security startup headquartered in New York City.[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 Amazon Web Services, Microsoft Azure, Google Cloud Platform, Oracle Cloud Infrastructure, 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 September 2024, Wiz employed about 1,200 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] 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.[7] In February 2024, the company claimed to have reached $350M in ARR, with a 40% market share of Fortune 100 companies.[1][8]

  1. ^ a b c Levingston, Ivan; Hammond, George (2024-03-08). "Israeli cyber start-up in talks to raise funds valuing it at over $10bn". Financial Times.
  2. ^ "Wiz eyes $20 billion valuation in potential $500-$700 million share sale". CTech. Calcalist. Retrieved 26 September 2024.
  3. ^ Cite error: The named reference cnbc novet was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference bloomberg roof was invoked but never defined (see the help page).
  5. ^ Ben-David, Ricky. "Israeli cybersecurity firm Wiz raises $250m, soaring to $6b valuation". www.timesofisrael.com. Retrieved 2021-12-27.
  6. ^ "Cybersecurity has 53 unicorns. Here are 10 to watch". VentureBeat. 2022-03-17. Retrieved 2022-05-22.
  7. ^ "Cloud security startup Wiz reaches $100M ARR in just 18 months". TechCrunch. 2022-08-10. Retrieved 2022-08-14.
  8. ^ "Wiz reports $350m revenue in 2023, hiring 400 in 2024". Globes. 2024-05-02. Retrieved 2024-02-11.