In a surprising move, cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company. Despite the lucrative offer, Wiz’s leadership, backed by investors, has chosen to remain independent and focus on their own ambitious plans. The company aims to reach $1 billion in annual recurring revenue and eventually go public.
Results for: Wiz
Legit Security has partnered with Wiz, a leading cloud security provider, to enhance cloud security for application security posture management (ASPM) programs. This partnership provides customers with a seamless integration between Wiz’s cloud security platform and Legit’s AppSec program, enabling a unified view of application risk from code to cloud. By correlating cloud risk with its code source, customers can prioritize and fix vulnerabilities more efficiently, leveraging cloud context for better decision-making.