"Plenty of startups have benefited from the boom. But one that’s done especially well is Wiz, a cloud security company founded by Assaf Rappaport, Ami Luttwak, Yinon Costica and Roy Reznik. Wiz today announced that it raised $300 million in a Series D round co-led by Lightspeed Venture Partners and Greenoaks Capital Partners, with participation from angel investors including Starbucks owner Howard Schultz and French business magnate Bernard Arnault, valuing Wiz at around $10 billion post-money...."

"According to the company, this brings Wiz’s total capital raised to $900 million as its valuation popped another 66% to $10 billion since the last time it raised capital — $250 million at a $6 billion valuation — in October 2021...."

"Israeli-United States cloud security vendor has launched its first Australian data centre in Sydney, using highly scalable architecture and following government security guidelines and industry standards...."

"These 10 companies across segments such as security analytics, cloud security and application security have been on our radar in a big way at CRN, thanks to their strong momentum and channel commitment...."

"Cloud security company Wiz, a unicorn with a valuation of $6 billion, recently announced that it had reached annual recurring revenue of $100 million—only 18 months after launching its first product. Wiz achieved this growth by providing easy-to-use tools that help organizations quickly identify prioritize, remediate, and stave off potential cyberattacks...."