251–260 of 951 posts
Earlier quoted context omitted.
I've seen them at trade shows and heard good things. I had also heard that Google tried buying them last year but it didn't go through, I'm curious about how/why they did it now
What I read is that last year they weren't sure yet if they wanted to go public instead, but the current financial climate isn't good for going public so they went for an acquisition instead.
Earlier quoted context omitted.
I thought they made smart lightbulbs (I have some "WiZ" ones installed in fact).
I was worried it was that WiZ, luckily it's not Their bulbs are one of the few WiFi bulbs that don't require an app to operate (only for the initial configuration)
Earlier quoted context omitted.
Wiz is used by 45% of Fortune 500 companies and you're thinking someone is making up that they used it? This is unnecessarily mistrustful / conspiracy thinking. What censorship btw?
[flagged]
What the hell is "Wiz"? Some nobody company that was formed G might be the modern day IBM. You would think G would have the brain power to compete and provide out of the box security for their own platform. I guess the MBA losers at the top have been shaving too much from engineering to do this properly. The acquisition hiring in big tech is wild to me. And the consolidation of power into a few companies continues.
> Some nobody company That was the fastest to $100m ARR in history > Some nobody company That was a Decacorn ~3yrs after its founding > Some nobody company With ~half of the Fortune 100 as paying customers. I get it - most people here aren’t in cybersecurity, nor do they understand the space, but let me put it this way - if you are looking for the top 5 cybersecurity companies by mindshare of people in the industry ,…
> Wiz agreed to acquire Tel Aviv-based Raftt, a cloud-based developer collaboration platform, for $50 million in December 2023. In April 2024, the company acquired cloud detection and response startup, Gem Security, for around $350 million
> Wiz was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously founded Adallom.
> Adallom was founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik, who are former members of the Israeli Intelligence Corps’ Unit 8200 and alumni of the Talpiot program.
> Adallom was reportedly acquired by Microsoft for $320 million in July 2015
> On March 18, 2025, Google announced an all-cash acquisition of Wiz for $32 billion
Had never heard of Wiz until they posted the blog post about the DeepSeek database being public earlier this year.
https://www.wiz.io/blog/wiz-research-uncovers-exposed-deepse...
Wiz will do it.
Always happy to see a good exit, good show.
I've worked with cloud for a long time. I sorta blame myself for not seeing the market for this and not starting up my own company. I was too busy messing with machine learning, but never going much beyond sentiment analysis. Had I also stayed on that path, and maybe had a few million dollars in startup Capital laying around I'd be a billionaire by now ( yes this is hyperbole).
Oh well, time to cry myself asleep as a forever middle class software engineer...
Earlier quoted context omitted.
WhatsApp purchase was for that sweet sweet data of everyone's contact lists (this was their original innovation for onboarding — just give us access to your phone book and we'll tell you who else is on WhatsApp). Their earnings were completely irrelevant in price discussions. The billions were paid for the dataset.
Any idea what profitable things they do with that data?
[flagged]