Wiz CEO: Google Acquisition Is ‘Effectively Strapping A Rocket To Our Backs’
Summary
The all-cash deal — which is subject to regulatory approval and other closing conditions — is aimed at bolstering Google Cloud’s cybersecurity portfolio with capabilities from Wiz’s platform. “Becoming part of Google Cloud is effectively strapping a rocket to our backs: it will accelerate our rate of innovation faster than what we could achieve as a standalone company.” Right out of the gate, Wiz had stood out from the thousands of other cybersecurity startups operating in the market. The cloud and AI security vendor has been growing at a “blinding pace” practically since the get-go after its founding in 2020, Wiz President and CFO Fazal Merchant said in a recent interview with CRN. Crucially, Wiz has also been doubling down on its work with solution providers, and Rappaport told CRN in an interview last year that partners will undoubtedly be pivotal to the company’s next phases of growth. The areas where partners can work with Wiz to serve customers cover the spectrum from securing code repositories to protecting applications during runtime, Rappaport said during the previous interview.