Wiz

Wiz

Verified
A new approach to cloud security that finds the most critical risks and infiltration vectors with complete coverage across the full stack of multi-cloud environments. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$12.0b (Public information from May 2024)
New York City New York (HQ), Tel Aviv-Yafo Tel Aviv District (founding location)
Deals in current and previous year:

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth-117 %60 %30 %30 %31 %30 %
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Dealroom estimates

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DateInvestorsAmountRound
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round
*

$1.0b

Valuation: $12.0b

34.3x EV/LTM Revenues

Series E
Total Funding000k

Recent News about Wiz

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More about Wizinfo icon
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Wiz.io is a cloud security platform that offers comprehensive solutions for businesses operating in the cloud. Their services are designed to cater to security, development, and DevOps teams, providing a self-service model that aligns with the pace and scale of cloud development. Wiz.io's client base includes over 40% of Fortune 100 companies, indicating a strong presence in the enterprise market.

The company operates in the rapidly growing cloud security market, addressing the unique security challenges that arise from the shift to cloud-based operations. Their business model revolves around providing a unified security command center that allows clients to build and run applications in the cloud securely. This includes securing containers, Kubernetes, and cloud environments from the development stage to real-time operation.

Wiz.io's platform integrates into development workflows, enabling businesses to manage their infrastructure securely. It offers features such as detecting vulnerabilities and misconfigurations in Infrastructure as Code (IaC), containers, and Virtual Machine (VM) images. Additionally, it helps maintain automated compliance with industry regulations like PCI, GDPR, HIPAA, and more.

The company generates revenue by offering these cloud security services on a subscription basis. Their platform continuously monitors cloud workloads for suspicious activity, collects intelligence from cloud providers, and proactively detects and responds to threats. It also monitors for sensitive data exposure and eliminates attack paths to prevent data breaches.

In summary, Wiz.io is a trusted provider of cloud security solutions, offering comprehensive services that enable businesses to operate securely and efficiently in the cloud.

Keywords: Cloud Security, DevOps, Infrastructure as Code, Compliance, Vulnerability Detection, Threat Detection, Data Breach Prevention, Cloud Development, Kubernetes Security, Container Security.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Wiz

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Raftt
ACQUISITION by Wiz Dec 2023
Gem Security
ACQUISITION by Wiz Mar 2024