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The Gili Ra’anan model: Questions emerging from Cyberstarts' remarkable success
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JPMorgan CEO Jamie Dimon makes whirlwind visit to Israel
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From IPO dreams to CrowdStrike’s crisis: Inside the collapse of the Wiz-Google mega deal
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Israel’s Quantum Transistors receives €17.5M from the European Innovation Council for its quantum computing solution
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Amdocs set to cut 1,500-3,000 jobs in new round of layoffs
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Wiz

20 stories about Wiz
מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz-Google deal collapse will only benefit Israel’s cyber industry

24.07.24|Meir Orbach
By canceling the deal, Wiz’s founders have paved the way for other Israeli entrepreneurs to feel confident in their path. 
מייסדי וויז Wiz founders

From IPO dreams to CrowdStrike’s crisis: Inside the collapse of the Wiz-Google mega deal

23.07.24|Sophie Shulman
The timing of CEO Assaf Rappaport's announcement that Wiz was walking away from the Google deal on the eve of the giant’s earnings report indicates that he was mulling the decision until the very last moment. The fear of becoming history at the age of 40, the blow received by competitor CrowdStrike, the attempt to raise the price, and the desire for a huge IPO were probably among the considerations that tipped the scales. 
Assaf Rappaport Wiz Dog

The $23 billion gamble: Wiz's bold move to stay independent

23.07.24|Meir Orbach
CEO Assaf Rappaport and the other founders did not want to sell Wiz to Google. Reluctantly, they had to participate in the negotiations and show full commitment to the company's investors. However, as the moment of truth approached, they made an unexpected decision: to give up $23 billion in favor of the more challenging option of developing the company in preparation for a giant IPO. 
מייסדי וויז Wiz founders

Wiz rejects Google’s $23 billion acquisition offer, eyes IPO instead

23.07.24|Omer Kabir
"Let me cut to the chase: our next milestones are $1 billion in ARR and an IPO. Saying no to such humbling offers is tough, but with our exceptional team, I feel confident in making that choice," CEO Assaf Rappaport wrote in an email to employees. The deal was supposed to be the largest acquisition ever by the American search giant and the largest exit of an Israeli company.
מייסד פאלו אלטו ניר צוק ומייסד וויז אסף רפפורט

CrowdStrike's troubles open new doors for Israeli cyber companies

21.07.24|Sophie Shulman
The American company may not have been a household name in Israel or globally until this weekend's outage, but it is highly regarded in the cyber industry and is a major competitor to many Israeli cyber companies. 
Edge FBI

The Israeli company helping hack the Trump shooter's phone - and Google has eyes on Startup Nation

18.07.24|CTech
Also on our AI-native show:  Innovalve acquired for $300 million in cash by Edwards Lifesciences
מימין: מנכ"ל Wiz אסף רפפורט והמשקיע גילי רענן מקרן הסייבר

Napkin contract in gas station: Wiz's journey from Israel's military intelligence to $23B exit

17.07.24|Reuters
Along with universities, Israel's military intelligence and technology units, such as 8200, have provided the leaders for hundreds of tech startups, including Wiz.
דייב דה וולט מייסד קרן NightDragon

Dave DeWalt: "Wiz is at the right place, at the right time, with the right product"

17.07.24|Reuters
The founder of the cyber-focused VC firm NightDragon and former CEO of cyber firm FireEye noted that cloud security is the most important and fastest-growing part of cybersecurity, which is why Google is interested in Wiz's products to defend against ransomware gangs wreaking havoc on large enterprises 
מימין ניר צוק ו עומרי כספי

From Nir Zuk to Omri Casspi: The unexpected winners of the historic Wiz deal

17.07.24|Sophie Shulman, Meir Orbach
The Palo Alto Networks founder and NBA player turned VC are just two of the surprise winners in the deal. The likes of Shlomo Kramer, Mickey Boodaei, and Marius Nacht are also all set to make a handsome profit through their investment in Gili Raanan’s Cyberstarts fund, which is believed to hold a $900 million stake in Wiz.
סונדאר פיצ'אי Sundar Pichai

Why Google needs Wiz to keep up with Amazon and Microsoft

16.07.24|Meir Orbach
Google does not have a cyber strategy like its cloud competitors, Microsoft and Amazon. It is trying to catch up quickly, but for that it needs Wiz 
מימין דאלי ראג'ק ו אסף רפפורט wiz

From IPO dreams to a Google acquisition: Wiz's $23 billion journey

16.07.24|Sophie Shulman
Wiz, once focused on an IPO, ultimately embraced a massive buyout from Google, altering its growth trajectory. The acquisition is a testament to the fluctuating dynamics of the tech sector and investor influence. 
מייסדי וויז Wiz founders

Wiz founders to net over $2 billion each in Google deal

15.07.24|CTech
CEO Assaf Rappaport, CTO Ami Luttwak, VP Product Yinon Costica, and VP R&D Roy Reznik are each believed to hold an estimated 10% of the company. With all four being Israel residents, each will have to pay 25% capital tax and an additional 3% surtax, meaning they will be contributing over $600 million each in taxes. 
Assaf Rappaport Wiz Dog

From Waze to Wiz: Google writing new chapter in Israeli tech history

14.07.24|Sophie Shulman
A small step for Google is a giant leap for Wiz and especially for the Israeli tech industry, which has been struggling to preserve its prestige and reputation in what has been the most challenging year and a half it has known. 
הנפקת Wiz ויז

Wiz acquisition: Google goes all-in on cyber with historic deal

14.07.24|Meir Orbach
Google can transform Wiz through its vast infrastructure into a billion-dollar company in a very short time, making it an equal competitor to giants like Palo Alto Networks, Cisco, and others. 
מייסדי וויז Wiz founders

Google in negotiations to acquire Wiz in $23 billion deal

14.07.24|Meir Orbach
According to the Wall Street Journal, Google parent Alphabet is looking to purchase the Israeli cybersecurity company in what would be its largest acquisition ever. Wiz raised $1 billion at a $12 billion valuation earlier this year.
Edge Tech Funding

Top 5 Israeli high-tech fundraising rounds in the first half of 2024

25.06.24|CTech
Wiz, Axonius, Island, WEKA, and Silverfort all caught our eyes with their large fundraising announcements this year
מימין אסף רפפורט מ וויז ו אבי שוע מ אורקה

Cyber wars: Wiz denies Orca’s patent claims, strikes back with counterclaims

06.06.24|Meir Orbach
Patent dispute intensifies as Wiz rejects claims that it has infringed on any of Orca's patents, offering a counter-narrative highlighting its own technological advancements and market success
Wiz founders

May 2024 in Israeli tech funding: $1.46 billion in 19 deals

02.06.24|CTech
Thanks to the biggest funding round in Israeli tech history courtesy of Wiz, local startups raised over $1 billion for a second straight month 
מימין מנכ"ל ומייסד אורקה גיל גרון עם מנכ"ל ומייסד Wiz אסף רפפורט

Wiz vs. Orca: Delaware court sets stage for high-stakes IP showdown

26.05.24|Meir Orbach
The court rejected Wiz’s request to dismiss Orca’s lawsuit outright, setting a trial date for December 2025
מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz President: "I truly believe that Wiz is on its way to becoming the largest cyber company in the world"

08.05.24|Meir Orbach
"I want to turn Wiz from an unimaginable wonder into a well-oiled machine in order to set the standard in everything related to cloud security," added Dali Rajic after Wiz raised $1 billion at a $12 billion valuation
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