Quotes
Cloud is more important than ever, and attackers are not slowing down. They are already using the most innovative technologies to move faster."
As Wiz's CEO Assaf Rappaport stated
Wiz and Google Cloud share a vision to improve security by making it easier and faster for organizations of all types and sizes to protect themselves, end-to-end, across all major clouds,
Sequoia partner Doug Leone wrote in a blog post Tuesday
The team quickly hit on the insight that cloud security needed a simpler, agentless architecture for an increasingly complex digital world,
Leone wrote TuesdayEvery service has configurations. Every service has identities and permissions,
MacDonald said
Wiz felt like the first opportunity to build a security platform in a really long time, basically since CrowdStrike,
Thrive Capital’s Philip Clark said in an interview last fall, referring to cybersecurity giant CrowdStrike Holdings IncI can’t believe I’m going to say no to a $US23 billion acquisition.” ... But at the time, he didn’t want to give up a “once-in-life opportunity to be the largest cyber company in the world.”
In an interview last fall, he recalled thinking
He can be extremely charming and personal and warm,
says Gili Raanan, founder of the Israeli venture capital firm Cyberstarts and one of Wiz’s first investorsI’m here for the long journey.”
he said at the time, addingOrganisations had no visibility. None,
he saidWe have known each other for years, talk weekly and attend each other's birthday parties,
Cyberstarts founder Raanan said in an interview
It's going to be a great litmus test and bellwether for M&A in 2025,
said Brad Haller, senior partner for mergers and acquisitions at consulting firm West Monroe
Large acquisition strategy is back on the menu for VC-backed companies,
Haller saidIt's a buy. I like Google. I think it's here to stay. Google is not going anywhere, they have a huge moat. I like the fact that they're down 20% in the last month,
Ados saidIt's a buy ... the company is down 80% since their Covid highs. It's attractively priced, we believe,
Ados saidThis is an established company for years. It's competing in a very competitive environment with e-commerce companies like Amazon,
Ados saidWe like also the Wiz acquisition,
she continuedOnce this happens, that's going to be a major catalyst for the fintech space and most importantly, for the buy-now-pay-later category,
she saidThe Wiz deal would clearly bolster the Google Cloud offering and value proposition to enterprises,
Wedbush wrote TuesdayThe stock has been a very poor performer. I'm glad that we have very much reduced the size of Google [last year]. We didn't like it and we took action. I don't want to buy it back,
he added
There had been a belief that suddenly there was some cyclicality to it,
Jim added