May 9, 2024 at 03:26PM Cloud security firm Wiz secured a record $1 billion in funding, positioning the company for a 2024 acquisition spree named “the year of security consolidation.” Notably, the focus on consolidating cloud security reflects current industry trends. Wiz’s VP, Yinon Costica, emphasizes the company’s aggressive growth strategy and commitment to addressing … Read more
May 7, 2024 at 05:48PM Cloud security company Wiz has secured a significant $1 billion in funding, totaling $1.9 billion. Led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, the 4-year-old company plans to focus on M&A, product development, and talent recruitment, predicting 2024 as “the year of security consolidation.” Wiz’s recent acquisitions include … Read more
April 17, 2024 at 11:31AM Armis has acquired Silk Security for $150 million to enhance its Centrix Vulnerability Prioritization and Remediation product. It aims to provide security and developer teams with a consolidated view of security findings from various sources. Silk Security, which emerged from stealth mode in 2023, has raised $12.5 million. This acquisition … Read more