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 Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$33.9B

Headquarters

New York City, New York

Founded

2020

Overview

Wiz.io offers cloud security solutions for businesses, focusing on securing applications in cloud environments. Their platform integrates into development workflows, allowing teams to detect vulnerabilities and maintain compliance with industry regulations. Unlike competitors, Wiz.io continuously monitors cloud workloads for suspicious activities and provides proactive threat detection. The goal is to enable businesses to operate securely and efficiently in the cloud.

Simplify Jobs

Simplify's Take

What believers are saying

  • Google's acquisition of Wiz strengthens its position in the cloud security market.
  • Wiz's client base includes over 40% of Fortune 100 companies, indicating strong market presence.
  • Growing demand for agentless security solutions boosts Wiz's market potential.

What critics are saying

  • Integration challenges with Google Cloud Platform could lead to service disruptions.
  • The acquisition may shift focus towards Google Cloud, alienating other cloud users.
  • High-profile acquisition makes Wiz a more attractive target for cyberattacks.

What makes Wiz unique

  • Wiz offers the first cloud-native visibility solution for enterprise security teams.
  • Their platform provides a 360° view of security risks across clouds, containers, and workloads.
  • Wiz's agentless approach reduces overhead and complexity in cloud environments.

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Funding

Total Funding

$33921M

Above

Industry Average

Funded Over

7 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-2%

2 year growth

-6%
Raegun
Apr 15th, 2025
Google Acquires Wiz for Up to $33B to Strengthen Cloud Security

Our sources confirm that Wiz will remain an independent platform that will work across all cloud providers, not just Google Cloud Platform.

GeekWire
Apr 1st, 2025
Analysis: Google-Wiz Deal Sparks Questions About Cloud Security Strategy At Aws And Microsoft

Google Cloud’s ad on the Las Vegas Sphere, overlooking Amazon’s re:Invent conference in November 2023. (GeekWire File Photo / Todd Bishop)Editor’s note: This analysis is written by Christopher Budd, a tech industry veteran who previously worked at the Microsoft Security Response Center.Earlier this month, Google announced plans to acquire Israel-based Wiz for the nearly jaw-dropping price of $32 billion (yes, with a “b”). Not only is this the biggest cybersecurity deal (yet) in terms of money — it’s also another instance of Google swooping in with a very big, open checkbook to snap up a cybersecurity industry leader to fold into the Google Cloud Platform (GCP). This makes it clearer that Google sees security as a competitive differentiator in the cloud and is another step toward Microsoft’s model of integrating cloud and security in-house — and away from Amazon Web Services’ more hands-off strategy of relying primarily on a security partner ecosystem. Google’s move on Wiz is very similar to its acquisition of Mandiant in 2022 when it paid $5.4 billion for arguably the single best known incident response (IR) company in the world. Since then we’ve seen that Google bought Mandiant not because Google wanted to become a player in the IR space but because Google wanted to have some of the best IR capabilities in the world protecting GCP and its customers. Wiz is a leading company in the Cloud Native Application Protection Platform (CNAPP) space. CNAPPs provide a critical security layer to today’s cloud computing. If we look at the Mandiant acquisition as a blueprint, we can surmise that Google plans to take another industry-leading company and focus it on securing GCP.Meanwhile in Redmond, IR and CNAPP are capabilities that Microsoft’s cloud offering has had for years through internal development

Cord Magazine
Mar 25th, 2025
Google Invests $32 Billion in Israeli Cybersecurity Firm Wiz

Google has announced a $32 billion investment in Wiz, a rapidly growing Israeli cybersecurity company, marking one of the largest deals in the tech industry in recent years.

PYMNTS
Mar 19th, 2025
Klarna Ipo Sparks Hope Of Deal Revival Despite Tariff Troubles

Some upcoming tech IPOs have reportedly sparked uneasy optimism among investors despite tariff-related turmoil. As the Financial Times (FT) reported Wednesday (March 19), initial public offerings (IPOs) from the likes of Klarna and CoreWeave have fostered hopes that the years-long drought in high-profile tech listings may be at an end. CoreWeave, an artificial intelligence (AI) data center operator, plans to raise $4 billion at a valuation of more than $35 billion, making it the biggest stock market debut for a tech company this year, the FT said. Klarna, the Swedish payments company known for its buy now, pay later (BNPL) offering, hopes to raise more than $1 billion at a $15 billion valuation

Verdict
Mar 19th, 2025
Google brokers $32bn deal to acquire cloud security platformWiz

Over the past year, Wiz has introduced new categories of cybersecurity solutions.

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