Wiz

Wiz

Cloud security platform for businesses

About Wiz

Simplify's Rating
Why Wiz is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$1.9B

Headquarters

New York City, New York

Founded

2020

Overview

Wiz.io provides cloud security solutions tailored for businesses utilizing cloud services. Their platform functions as a unified security command center, allowing companies to securely build and operate applications in the cloud. It integrates into development workflows, helping teams detect vulnerabilities and misconfigurations in their infrastructure, including Infrastructure as Code (IaC), containers, and Virtual Machine (VM) images. Wiz.io continuously monitors cloud workloads for suspicious activities and ensures compliance with industry regulations such as PCI, GDPR, and HIPAA. Unlike many competitors, Wiz.io focuses on a self-service model that aligns with the fast-paced nature of cloud development, making it easier for security, development, and DevOps teams to manage their security needs. The goal of Wiz.io is to empower businesses to operate securely and efficiently in the cloud, preventing data breaches and maintaining the integrity of their cloud environments.

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Funded Recently
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Simplify's Take

What believers are saying

  • Partnerships with Cisco enhance Wiz's credibility and market reach.
  • Acquisition of Dazz enhances Wiz's vulnerability management capabilities.
  • Rising demand for cloud security boosts Wiz's market potential.

What critics are saying

  • Broadcom reconsidering acquisition may signal valuation concerns for Wiz.
  • Data exposure incidents could undermine trust in Wiz's security assessments.
  • Departure of key executives may impact Wiz's strategic leadership.

What makes Wiz unique

  • Wiz offers agentless security, reducing overhead in cloud environments.
  • Their Security Graph engine provides graph-based analysis for deeper risk insights.
  • Wiz integrates security into DevOps workflows, aligning with the DevSecOps trend.

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Funding

Total Funding

$1868.6M

Above

Industry Average

Funded Over

6 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$250M
Reddit
$1000M
Wiz
$1250M
Epic Games
$1500M
Airbnb

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
PYMNTS
Feb 12th, 2025
Ai Startups: Anthropic Nears Openai In Fundraises But Lags Far Behind In Adoption

Anthropic, the AI startup founded by former OpenAI engineers, is in talks to raise up to $2 billion for a valuation of $60 billion. The latest round would more than triple the artificial intelligence startup’s valuation from a year ago. Leading the round is Lightspeed Venture Partners. If it comes to pass, the fundraise would make Anthropic the fifth most valuable U.S. startup, following SpaceX, OpenAI, Stripe and Databricks, according to CB Insights. It would be the seventh most valuable globally after SpaceX, ByteDance, OpenAI, Stripe, Shein and Databricks

Cisco
Feb 12th, 2025
Cisco and Wiz Collaborate to Enhance Cloud Security: Tackling AI-Generating Threats in Complex IT Infrastructures

"By correlating Cisco's renowned network security capabilities with Wiz's cutting-edge Security Graph engine - which provides straightforward, context-driven insights into critical exposure - enterprises gain deeper visibility and better risk prioritization.

Silicon Canals
Feb 3rd, 2025
Wiz Uncovers Deepseek Data Leak: Over A Million Sensitive Logs, Including Chat History, Exposed

New York-based cloud security startup Wiz, announced that it has identified a publicly accessible ClickHouse database belonging to DeepSeek, granting full control over database operations, including access to internal data. This exposure contains over a million lines of log streams with sensitive information, such as chat histories, secret keys, and backend details. The Wiz Research team responsibly disclosed this issue to DeepSeek, which promptly took action to secure the exposed data.Developed by Yandex, ClickHouse is an open-source, columnar database management system designed for fast analytical queries on large datasets. It is used for real-time data processing, log storage, and big data analytics, making it a valuable and sensitive tool.Based out of Hangzhou, China, DeepSeek is an AI company that has launched the DeepSeek-R1 reasoning model, rivalling OpenAI’s o1 in performance and cost-efficiency.Wiz uncovered ClickHouse databaseDuring the external security posture assessment of DeepSeek, the US company claims to have found a publicly accessible ClickHouse database linked completely open and unauthenticated, exposing sensitive data.“It was hosted at oauth2callback.deepseek.com:9000 and dev.deepseek.com:9000,” says Wiz in its blog. This database contained a significant volume of chat history, backend data and sensitive information, including log streams, API Secrets, and operational details. According to Wiz, the exposure provided complete control over the database and the possibility of privilege escalation within the DeepSeek environment, with no authentication or protective measures against outside threats. Wiz began their reconnaissance by examining the publicly available domains of DeepSeek. Utilising both passive and active techniques, they identified approximately 30 internet-facing subdomains. Most subdomains appeared harmless, including the chatbot interface, status page, and API documentation.However, when they expanded their search beyond standard HTTP ports (80 and 443), they discovered two unusual open ports (8123 and 9000) on the following hosts:– http://oauth2callback.deepseek.com:8123  – http://dev.deepseek.com:8123  – http://oauth2callback.deepseek.com:9000  – http://dev.deepseek.com:9000  “This level of access posed a critical risk to DeepSeek’s own security and for its end-users. Not only an attacker could retrieve sensitive logs and actual plain-text chat messages, but they could also potentially exfiltrate plaintext passwords and local files along propriety information directly from the server using queries like: SELECT * FROM file(‘filename’) depending on their ClickHouse configuration,” says the company

VentureBeat
Jan 30th, 2025
Deepseek Helps Speed Up Threat Detection While Raising National Security Concerns

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. DeepSeek and its R1 model aren’t wasting any time rewriting the rules of cybersecurity AI in real-time, with everyone from startups to enterprise providers piloting integrations to their new model this month.R1 was developed in China and is based on pure reinforcement learning (RL) without supervised fine-tuning. It is also open source, making it immediately attractive to nearly every cybersecurity startup that is all-in on open-source architecture, development and deployment.DeepSeek’s $6.5 million investment in the model is delivering performance that matches OpenAI’s o1-1217 in reasoning benchmarks while running on lower-tier Nvidia H800 GPUs. DeepSeek’s pricing sets a new standard with significantly lower costs per million tokens compared to OpenAI’s models. The deep seek-reasoner model charges $2.19 per million output tokens, while OpenAI’s o1 model charges $60 for the same

4imag
Jan 13th, 2025
Wiz appoints Fazal Merchant as President & Chief Financial Officer

Merchant joins Wiz as a highly accomplished executive, advisor and board member with nearly 30 years of diverse global leadership experience scaling public and private companies.

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