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Bernard Arnault an investor in Israeli cloud security co Wiz

Bernard Arnault an investor in Israeli cloud security co Wiz
Arnault s Aglaé Ventures took part in a $120 million transaction in Wiz shares first reported in May.
Bernard Arnault, recently named the richest person in the world by Forbes magazine, is invested in Israeli cloud security company Wiz, headed by Assaf Rappaport. Arnault invested in Wiz through his Aglaé Ventures investment fund. The wealth of luxury products corporation LVMH founder Arnaud is estimated at $198 billion.
Arnault s investment fund joined a $120 million transaction first reported in late May. The investors in the round reported until now were software giant Salesforce and US investment company Blackstone. It has now been revealed that Arnault s fund also participated. Part of the money went to Wiz, while part was paid to Gili Raanan s Cyberstarts fund, which sold half its holding in Wiz. ....

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Cloud Security Startup Wiz Raises $120M In Salesforce-Led Round: Report

Cloud Security Startup Wiz Raises $120M In Salesforce-Led Round: Report
The nine-figure haul from Salesforce would bring Wiz’s total funding to more than $350 million just 16 months after the Tel Aviv, Israel-based cloud security startup was launched, according to Bloomberg.
By
Michael Novinson May 25, 2021, 11:33 AM EDT
Cloud security startup Wiz has raised more than $120 million in a funding round led by customer relationship management (CRM) giant Salesforce, according to Bloomberg.
The funding would be the Tel Aviv, Israel-based Wiz’s third financing round in the past six months, coming just two months after the firm notched a $1.7 billion valuation following a $130 million Series B round led by private equity investor Advent International. Neither Wiz nor Salesforce immediately responded to CRN requests for comment on the Bloomberg report. ....

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8 cyber security start-ups to watch

8 cyber security start-ups to watch
Security start-ups are often innovation leaders that attempt to solve critical and persistent problems. These are some of the most interesting ones to watch as they tackle issues around multicloud security, identity management, zero-trust, and more.
Credit: Dreamstime
If you want to know what’s new in cyber security, watch what the start-up vendors are doing. They typically begin with an innovative idea and are unfettered by an installed base and its mainstream approach. Start-ups often tackle problems no one else is addressing.
The downside, of course, is that start-ups often lack resources and maturity. It’s a risk for a company to commit to a start-up’s product or platform, and it requires a different kind of customer/vendor relationship. The rewards, however, can be huge if it gives that company a competitive advantage or reduces stress on security resources. ....

Idan Plotnik , Microsoft Office , Microsoft Cloud Security Group , Abnormal Security , Axis Security Application Access Cloud , Identity Risk Score , Maverics Identity Orchestration , Secure Hybrid Access , Identity Abstraction , Connector Catalog , Cloud Security Group , மைக்ரோசாஃப்ட் அலுவலகம் , மைக்ரோசாஃப்ட் மேகம் பாதுகாப்பு குழு , இயல்பு கடந்த பாதுகாப்பு , அச்சு பாதுகாப்பு விண்ணப்பம் நுழைவு மேகம் , மேகம் பாதுகாப்பு குழு ,

8 cybersecurity startups to watch

Who I am / Getty Images
If you want to know what’s new in cybersecurity, watch what the startup vendors are doing. They typically begin with an innovative idea and are unfettered by an installed base and its mainstream approach. Startups often tackle problems no one else is addressing.
The downside, of course, is that startups often lack resources and maturity. It’s a risk for a company to commit to a startup’s product or platform, and it requires a different kind of customer/vendor relationship. The rewards, however, can be huge if it gives that company a competitive advantage or reduces stress on security resources. ....

Idan Plotnik , Microsoft Office , Microsoft Cloud Security Group , Abnormal Security , Axis Security Application Access Cloud , Identity Risk Score , Maverics Identity Orchestration , Secure Hybrid Access , Identity Abstraction , Connector Catalog , Cloud Security Group , மைக்ரோசாஃப்ட் அலுவலகம் , மைக்ரோசாஃப்ட் மேகம் பாதுகாப்பு குழு , இயல்பு கடந்த பாதுகாப்பு , அச்சு பாதுகாப்பு விண்ணப்பம் நுழைவு மேகம் , மேகம் பாதுகாப்பு குழு ,

Cloud security co Wiz raises $130m at $1.7b valuation

Cloud security co Wiz raises $130m at $1.7b valuation
globes.co.il - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globes.co.il Daily Mail and Mail on Sunday newspapers.

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