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The New York-based cloud security phenom is speaking with several investors include Thrive, Lightspeed Venture Partners, G Squared, Sequoia and Cyberstarts in hopes of raising roughly $800 million at a valuation of more than $10 billion. The cash infusion would help Wiz finance future acquisitions. ....
Wiz, one of the fastest-growing software startups globally, also said it has reached $350 million in Annual Recurring Revenue (ARR) in 2023, an important metric for software firms, after more than doubling it year-over-year. ....
Fast-growing cloud cybersecurity startup Wiz snagged a former Zscaler executive as its new chief operating officer and president as the company prepares to go ....