Tell NY

Wiz Kicks Off “Year of Acquisitions," Acquiring Gem Security for $350M

These are exciting times for the security industry – in March 2024, Assaf Rappaport, founder and CEO of the world’s fastest-growing startup Wiz, announced “the year of acquisitions,” aligning with the industry’s push towards consolidation – after the company has acquired developers collaboration platform Raftt.

In an interview on Bloomberg TV, Assaf discussed the ever-changing state of cybersecurity, the market opportunities in both cloud and AI, and the company’s ambitious growth plans for the future.

Shortly after, the company announced the acquisition of Gem Security for $350 million, marked by a Fortune exclusive mini-feature and dozens of news stories published around the globe. These articles explored Gem's technological offering and Wiz's overarching vision of creating a platform that caters to a wide range of needs.

Read more

Discover More

Cyberstarts shines in global media

Since its inception in 2018, Israeli cybersecurity VC firm Cyberstarts has amassed a combined portfolio valuation of $30 billion with 300% IRR. This accomplishment propelled the company’s founder, Gili Raanan,
Read more

Dazz’s CEO highlights the resilience of the Israeli tech industry

The turbulent year of 2023 significantly impacted the Israeli tech sector, with the government’s attempted judicial overhaul and the ongoing conflict with Hamas in Gaza leaving a lasting imprint on
Read more

Tehran, the Real Story: Iranian-born, Israeli Cyber Spy Captivates the Industry

In a story resembling a Hollywood script, Sanaz Yashar, founder and CEO of Zafran Security and a legendary figure from Israel’s elite intelligence unit, has naturally captured the attention of
Read more

Oasis Security Draws Global Attention for Combatting Non-Human Identity Management

Identity management has been a focal point for every CISO in 2024 – yet human users are just the tip of the iceberg when it comes to managing secure access
Read more

Wiz Breaks Industry Records with $1B Fundraising at $12B Valuation

At just four years old, Wiz has shattered growth records, announcing it raised $1 billion at a $12 billion valuation—bringing the company’s total funding to $1.9 billion. In a round
Read more

Gili Raanan, Cyberstarts, and the Prefect Storm of Cybersecurity

In an exclusive interview with Bloomberg, Cyberstarts founder Gili Raanan shared that the firm's first fund has achieved an impressive 170% annual return since 2018, showcasing the rapid growth of
Read more

Dazz Turns the Cyber Threat of AI into an Opportunity

The rise of LLMs like GPT naturally raises concerns among security teams, from potential data exposure or leaks to the emergence of new attack vectors. However, Merav Bahat, Co-Founder and
Read more

Insurtech Leader Honeycomb Raises Series B to Advance AI-Driven Insurance Solutions

As first unveiled on TechCrunch, Honeycomb Insurance, which covers ~60% of the U.S. market and insures more than $21 billion worth of real estate assets, has raised $36M in a
Read more

Amiram Shachar, Founder of Upwind, Discusses Funding as a Growth Vehicle in Cyber

In 2020, Amiram Shachar sold his startup Spot.io to NetApp for $450 million. But it didn’t take him long to embark on another entrepreneurial journey. He quickly founded another startup,
Read more

Apex Empowers Secure AI Adoption with Funding from Sam Altman

Since the launch of ChatGPT in late 2022, there has been an exponential rise in the adoption of GenAI, with 80% of Fortune 500 companies already having employees using ChatGPT
Read more

Assaf Rappaport, Co-Founder and CEO of Wiz, Graces Global Forbes Cover

Forbes featured an in-depth profile of Israeli entrepreneur Assaf Rappaport, who appeared on the cover of the global magazine in its August-September 2023 bi-monthly print edition. The cover story traces
Read more