Wiz

Company Overview

Snapshot

Founded in January 2020 by Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, Wiz operates with over 3,000 employees. The company has raised a total of $1.89 billion across 9 funding rounds from 18 investors. In March 2025, Wiz was acquired by Google.

Business overview

Wiz is a cybersecurity company that provides a Cloud Native Application Protection Platform designed to transform cloud security for its customers, including a significant portion of the Fortune 100. The platform aims to democratize security across the development lifecycle, enabling organizations to build quickly and securely. By creating a normalizing layer between diverse cloud environments, Wiz's technology helps rapidly identify and eliminate critical risks, serving the enterprise market within the Cyber Security sector.

Strategic signal

In November 2025, the US Department of Justice (DOJ) concluded its antitrust probe into Google's $32 billion acquisition of Wiz, as reported by Reuters and Bloomberg. This development signals a significant step towards the finalization of the acquisition, indicating that a major regulatory hurdle has been cleared. For investors, this suggests increased certainty regarding the deal's closure and highlights the strategic importance of Wiz's cloud security capabilities to a tech giant like Google.

Company Intelligence Q&A

What was the most significant recent corporate event for Wiz?

In March 2025, Wiz was acquired by Google. This acquisition was valued at $32 billion, significantly enhancing Google's cloud security offerings.

What was the outcome of the US regulatory review for the Google acquisition?

In November 2025, the US Department of Justice (DOJ) concluded its antitrust probe into Google's acquisition of Wiz. This marked a key approval for the deal, though other global regulatory examinations were still ongoing.

What was Wiz's latest funding activity before its acquisition?

This occurred after the company had reportedly ended talks with Google-parent Alphabet regarding a potential $23 billion deal.

Did Wiz engage in any M&A activities prior to its acquisition by Google?

Yes, in November 2024, Wiz acquired Dazz, a startup specializing in AI-powered cloud security remediation. This acquisition aimed to expand Wiz's capabilities in the cloud security domain.

What was Wiz's valuation in its May 2024 funding round?

In May 2024, Wiz raised $1 billion in a private funding round, which valued the company at $12 billion. This round saw participation from investors including Thrive Capital and Lightspeed Venture Partners.