Quotes
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 Inc
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 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 thinkingI’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 said
With Wiz, we believe we will vastly improve how security is designed, operated and automated, providing an end-to-end security platform for customers to prevent, detect and respond to incidents across all major clouds,
Kurian said
While the merger & acquisition environment has been extremely quiet to start the year, we believe that this acquisition will open the door to a massive wave of M&A across the tech landscape,
Ives said in a noteWiz and Google Cloud are both fueled by the belief that cloud security needs to be easier, more accessible, more intelligent, and democratized, so more organizations can adopt and use cloud and AI securely,
Wiz CEO Assaf Rappaport said in a blog post
With Lina Khan gone at the FTC…the M&A engines are back underway in Big Tech,
Dan Ives, global head of technology research at Wedbush Securities, wrote in a note to clients on Tuesday