Wiz, Inc. is a cloud security company founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak. Alphabet acquired it for $32 billion in cash in a deal that closed on March 11, 2026, and Wiz now operates within Google Cloud.
What Wiz does
Wiz connects to cloud accounts on AWS, Microsoft Azure, Google Cloud, Oracle Cloud, and Kubernetes through APIs, without installing agents. It builds a graph of resources, identities, vulnerabilities, and network exposure, then flags the combinations that could let an attacker reach sensitive data. Add-on products cover code scanning (Wiz Code) and cloud detection and response (Wiz Defend).
Founders and early growth
The four founders served in the Israel Defense Forces' Unit 8200 and earlier co-founded Adallom, which Microsoft bought in 2015. Wiz launched in December 2020 with a $100 million Series A and said in August 2022 that it had reached $100 million in annual recurring revenue in about 18 months. By October 2024 ARR had reached $500 million, and TechCrunch reported it passed $1 billion in 2025.
Funding and acquisitions
Wiz raised about $1.9 billion in venture funding, ending with a $1 billion round at a $12 billion valuation in May 2024. It bought Raftt in 2023, and Gem Security and Dazz in 2024.
The road to Google
Wiz declined a $23 billion offer from Google in July 2024 to pursue an IPO. Talks resumed in early 2025, and on March 18, 2025 Google announced a $32 billion all-cash deal, its largest acquisition. The deal cleared U.S. antitrust review in November 2025 and won unconditional EU approval in February 2026 before closing in March. Wiz keeps its brand and its support for AWS, Azure, and Oracle Cloud, and Assaf Rappaport remains CEO.
What to watch
The key questions are whether customers that rely on rival clouds stay with a Google-owned vendor, and how quickly Wiz's products are combined with Google Threat Intelligence and Security Operations.
