Wiz, one of the most talked-about names in the world of cybersecurity, is making a significant acquisition to expand its product reach in cloud security, particularly with developers. It is buying Dazz, a specialist in security remediation and risk management. Sources tell us the deal is valued at $450 million in a mix of cash […]
Wiz acquires Dazz for $450M to expand its cybersecurity platform Read More »
Welcome back to Week in Review. This week, we’re coming at you right off the heels of TechCrunch Disrupt! If you missed it, we’re highlighting conversations from Perplexity CEO Aravind Srinivas, WordPress co-founder Matt Mullenweg, and Disney star turned space CEO Bridgit Mendler. Of course, we’ve got news from the rest of the tech world
Why Wiz really turned down Google’s $23B offer Read More »
Assaf Rappaport, the co-founder and CEO of cloud security startup Wiz, said that turning down a $23 billion offer from Google was “the toughest decision ever,” but justified it by saying the company can get even bigger and reach $100 billion because cloud security is the future. “I think we did the right choice,” Rappaport
Wiz CEO explains why he turned down a $23 billion deal Read More »
Even cybersecurity companies aren’t safe from deepfake attacks. Speaking on stage at TechCrunch Disrupt in San Francisco, Wiz’s CEO and co-founder Assaf Rappaport, who recently turned down a $23 billion acquisition offer from Google, noted that his employees had been targeted by a deepfake attack just two weeks ago. “Dozens of my employees got a
Wiz CEO says company was targeted with deepfake attack that used his voice Read More »
Wiz co-founder and VP of R&D Roy Reznik told CNBC last week that the company has hit $500 million in annual recurring revenue, and plans to double that in 2025 to $1 billion. He also reiterated that the $1 billion-mark is a prerequisite for the IPO that Wiz promised employees when it walked away from
Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B Read More »
A fireside chat between Jensen Huang and Mark Zuckerberg at SIGGRAPH 2024 took some unexpected turns. What started as a conversation about the capabilities of Nvidia GPUs and Zuckerberg’s vision of an AI chatbot future quickly became a more casual affair — including a swap of custom-made jackets, a rare F-bomb from the Meta CEO,
Zuckerberg and Jensen show off their friendship, while an AI necklace covets yours Read More »
Google had good news and bad news last week. The good news was that the cloud division — including Google Workplace software as a service and Google Cloud infrastructure services — made $10 billion for the quarter for the first time. That had to take the sting out of losing out on its second potential
It took some serious nerve for Wiz to walk away from Google’s $23B offer Read More »
OpenAI is testing SearchGPT, a new AI search experience to compete directly with Google. The feature aims to elevate search queries with “timely answers” from across the internet and allows the user to ask follow-up questions. The temporary prototype is currently only available to a small group of users and its publisher partners for testing
OpenAI comes for Google with SearchGPT Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. To get Startups Weekly in your inbox every Friday, sign up here. This week we are talking about Wiz’s bold decision, VC’s public feud, legal tech’s new capital and a16z’s close call. Let’s go! Most interesting startup stories
Legal tech, VC brawls and saying no to big offers Read More »
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with some significant fundraises, a potentially massive acquisition falling apart and looking at what happens when a fintech company suddenly stops serving certain customers. To kick things off, Mary Ann Azevedo walked everyone through Clio’s huge
Alphabet is clearly looking to buy, so who’s selling, and why did Wiz say no? Read More »
