Wiz, an Israeli cybersecurity startup, has reached a valuation of $19 billion following a major deal with Google. Shardul Shah, the firm's first investor, currently holds an 11% stake valued at $3.5 billion. In a recent interview, Shah discussed his strong relationship with Wiz's CEO, Assaf Rappaport, and expressed optimism about future exits in the Israeli tech sector. The deal has been noted as a significant milestone for Israeli high-tech, highlighting the influence of the country's intelligence unit in nurturing successful entrepreneurs. Wiz's success is attributed to various contributors, and the company's impact on the cybersecurity landscape is underscored by its rapid growth and substantial backing from investors.
Wiz's $19B cybersecurity deal proves Israel’s intelligence unit shapes billionaires from brilliance. Visit the link below to watch the full episode: https://t.co/vG3BDGWhig https://t.co/qeCB8QtaZ9
Scoop on a months-old buzzy new security startup that has landed dollars from some of Wiz's largest backers https://t.co/Pe3K9arjvd w/ @amir
#Cybersecurity investment is thriving! Join Managing Partner Yoav Leitersdorf at #RSAC as he discusses market trends with leaders from @MunichReVentures, @NightDragon, @Team8, and @TenElevenVC. Get insights on #AI's impact and what's ahead. May 1 | 9:40-10:30 AM PDT https://t.co/yDKQCdKREj