Forbes March 21, 2025
Will Townsend

Last summer, cybersecurity darling Wiz walked away from a huge $23 billion payday from Alphabet, preferring to remain independent and pursue an IPO. Founded in 2020 in Israel — which is considered by many in the industry to be the epicenter of security startups — Wiz has enjoyed meteoritic success. It reached an astonishing $100 million in annual recurring revenue within its first 18 months of operations, then nearing the half-billion-dollar mark for top-line revenue in 2024.

Apparently, Google continued to be enamored with Wiz, and the tech giant’s upgraded offer of $32 billion was the charm in closing a purchase agreement earlier this week. I’ve had the opportunity to spend time with both Google’s cloud security team and Wiz...

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Topics: Cloud, Cybersecurity, Mergers & Acquisitions / JV, Technology, Trends
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