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- New York-based Wiz was founded in 2020 by four former Israeli military officers who previously co-founded a cloud cybersecurity company called Adallom that Microsoft later acquired for $320 million. Each of them — including Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak — reportedly owns 9% of Wiz.
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Each owns around 9% of Wiz, according to a person close to the company, meaning they could walk away with individual fortunes worth some $2 billion.
Jul 15, 2024 · Now Chief Executive Assaf Rappaport and his partners are on the verge of doing just that, as Google parent Alphabet GOOGL 0.04% is in advanced talks to purchase Wiz for $23 billion, The Wall...
Jul 15, 2024 · Several venture capital firms, including Index Ventures, Sequoia Capital, Insight Partners, Greenoaks Capital Partners and Israeli venture firm Cyberstarts, collectively stand to return at least $7 billion on their Wiz investments, which began in 2020, the year it was founded.
Jul 15, 2024 · Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle, reports The Wall Street Journal. At close to twice what it spent...
Jul 17, 2024 · According to a report on US website "The Information", the four Israeli founders of Wiz - CEO Assaf Rappaport, Yinon Costica, Ami Luttwak and Roy Reznik - hold 9.5% of the shares in...
Jul 15, 2024 · A profile of Israeli cybersecurity startup Wiz, founded in 2020, and its four co-founders, as Alphabet prepares a $23B deal; a source says each owns ~9% of Wiz — Cloud cybersecurity company founded by a group of ex-Israeli military officers is close to landing the tech industry's biggest exit in years
