Company Overview
Wiz is a cloud security company co-founded in 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak. The four co-founders previously led Microsoft's Azure security team and founded Adallom (later acquired by Microsoft). The company is headquartered in Tel Aviv, Israel, and New York, United States.
Wiz is renowned for its agentless cloud security scanning technology, building a complete resource relationship graph of cloud environments through a graph-based analysis engine, visualizing assets, configurations, network paths, and risk exposure, reaching over $100 million in Annual Recurring Revenue (ARR) in less than 18 months.
Core Products and Services
- Wiz Cloud Security: The core CNAPP platform.
- Agentless Scanning: Agentless cloud security scanning.
- CSPM: Cloud Security Posture Management.
- Code Security: CI/CD integrated scanning.
Core Strengths
- Agentless Architecture: No agent installation, minute-level deployment.
- Graph-Based Analysis Engine: Builds a complete cloud resource graph.
- Fastest Growth Record: ARR exceeded $100 million in 18 months.
- Multi-Cloud Coverage: AWS, Azure, GCP, and OCI support.
Key Milestones
- 2020: Wiz founded in Tel Aviv.
- 2022: Valuation exceeded $6 billion.
- 2024: Over $10 billion valuation after Series E.
- 2026: Continues to expand the CNAPP platform.
Market Position
Wiz competes with the following providers in the Security market:
- CrowdStrike: A competitor in cloud security.
- Palo Alto Networks: A cloud security platform.
- SentinelOne: A competitor in cloud security.
- Tenable: A cloud security and vulnerability management platform.