Wiz

Cloud security tool for enterprises to detect and prioritize risks across AWS, Azure, GCP

Revenue

$500.00M

2024

Valuation

$32.00B

2026

Funding

$900.00M

2024

Growth Rate (y/y)

216%

2024

Details

Headquarters: New York, United States
CEO: Assaf Rappaport
Website: wiz.io

Milestones

Founding Year

2020

Overview

Wiz Data Summary | Sacra

Wiz

ARR & ARR Growth Rate

$500.0M

↑ 102.9% YoY

Source: Sacra

Updated: Jul 14, 2026

Valuation & Funding

Wiz Valuation Summary | Sacra

Wiz

Valuation & Amount Raised

$20.0B

↑ $1.9B Total Raised

Source: Sacra

Updated: Jul 14, 2026

Google officially finalized its $32 billion all-cash acquisition of Wiz in March 2026, marking the largest acquisition in Google's history.
The buyout occurred on the heels of Wiz crossing $1 billion in ARR over the course of 2025, valuing the company at a roughly 32x revenue multiple at exit.

Valuation & Funding History

Product

Wiz is a cloud security platform that provides agentless vulnerability scanning and risk identification across multi-cloud environments. It was originally launched in 2020, founded by Assaf Rappaport (CEO), Yinon Costica, Ami Luttwak, and Roy Reznik.

The core tech opportunity that the Wiz team identified was that there were various agent-based cybersecurity platforms that required manual deployment into clouds, and there were automatic platforms like Microsoft's that plugged directly into Azure, but there was no simple tool for enterprises to continuously scan for potential vulnerabilities across a multi-cloud environment.

Customers connect Wiz to their cloud environment via API, granting it read-only access to scan for misconfigurations, vulnerabilities, and security risks. Wiz gives them a dashboard with a comprehensive view of their cloud security posture: showing them all of their organization's attack surfaces and surfacing the most critical issues.

Over time, Wiz has expanded from a cloud security posture management (CSPM) tool to a full-fledged cloud native application protection platform (CNAPP). In addition to identifying vulnerabilities and misconfigurations, Wiz now offers capabilities for cloud infrastructure entitlements management (CIEM), Kubernetes security, and secrets management.

Business Model

Wiz is a subscription SaaS company with a usage-based pricing model based on the number of cloud workloads a customer wants to protect across their compute, data, and runtime environments.

Competition

Wiz faces competition from both established cybersecurity vendors and emerging startups in the cloud security space.

Incumbents

Palo Alto Networks, a well-established cybersecurity giant, has made significant investments in cloud security in recent years. Its Prisma Cloud platform offers CSPM, CWPP, and CNAPP capabilities, making it a direct competitor to Wiz.

News

Index Ventures raises $2 billion across three funds after Wiz payout

Index Ventures raises $2 billion across three funds, bringing its investable capital to $3.5 billion after a payout from its Wiz stake, positioning the firm to pursue larger late-stage and follow-on investments.

Wiz Launches Project Atlas, Outperforming Competitors in Vulnerability Discovery

Wiz's Project Atlas achieves a 90.9% score on the CyberGym benchmark, identifying over 200 vulnerabilities, underscoring its advanced capabilities in a critical cybersecurity landscape.

Keeper Security and Wiz Integrate to Automate Cloud Vulnerability Remediation

This integration enhances Keeper's identity security platform, streamlining the remediation of vulnerabilities in cloud environments and reducing exposure to potential breaches.