Wiz

Wiz builds a cloud security platform, often grouped under the cloud native application protection (CNAPP) category, that scans cloud environments across AWS, Microsoft Azure, Google Cloud and Oracle Cloud to find and remove critical risks. It was founded in January 2020 by Assaf Rappaport (chief executive), Yinon Costica, Roy Reznik and Ami Luttwak, the same group that founded Adallom, and it is headquartered in New York. Google's acquisition announcement named Salesforce, Slack, Priceline, DocuSign and BMW as customers, and Wiz says 65% of the Fortune 100 use it.

Wiz raised about $1.9 billion in five rounds. A $100 million Series A in December 2020 came from Index Ventures, Sequoia Capital, Insight Partners and Cyberstarts. A $250 million Series B in spring 2021, with Greenoaks joining, valued the company at $1.7 billion. Greenoaks led a $250 million Series C in October 2021 at $6 billion, with Insight Partners, Sequoia Capital, Salesforce Ventures, Cyberstarts, Bernard Arnault and Howard Schultz. A $300 million Series D in February 2023 with Greenoaks and Lightspeed Venture Partners valued Wiz at $10 billion. In May 2024 it raised $1 billion at a $12 billion valuation from Andreessen Horowitz, Lightspeed, Thrive Capital, Greylock, Wellington Management and others.

On March 18, 2025, Google agreed to acquire Wiz for $32 billion in cash, subject to regulatory approval, with Wiz to join Google Cloud. The deal closed on March 11, 2026. Wiz says it remains a multi-cloud platform inside Google, serving customers on AWS, Azure, Google Cloud and Oracle Cloud. Before the sale the company reported $350 million in annual recurring revenue in February 2024 and about $500 million in revenue for 2024, and it had gone from $1 million to $100 million in annual recurring revenue by August 2022, a pace Wikipedia describes as the fastest on record for a startup.

For investors, Wiz is a case of very fast time to liquidity. Index Ventures, Sequoia Capital, Insight Partners and Cyberstarts entered at the Series A in late 2020 and were paid out about five years and three months later in an all-cash deal. The $32 billion price was more than two and a half times the $12 billion May 2024 mark and well above the $1.7 billion Series B valuation from 2021. The four founders had already built Adallom together, which gave early backers a team with a prior company behind it. Growth investors who came in 2023 and 2024, including Lightspeed, Andreessen Horowitz and Thrive Capital, also exited within roughly two to three years.