Wiz Company Profile (2026): Cloud Security Platform Acquired by Alphabet
Company Profile | Cybersecurity | Updated August 2026
Wiz: The Cloud Security Platform That Became Alphabet's Largest Acquisition
Wiz is the cloud security platform acquired by Alphabet (Google) for $32 billion in March 2026 — the largest acquisition in Google's history. With over $1 billion in annual recurring revenue (ARR), Wiz protects major cloud environments by preventing and responding to cybersecurity threats across multi-cloud environments.
Executive Summary
Wiz is a cloud-native security platform that protects major cloud environments by preventing and responding to cybersecurity threats across multi-cloud deployments. In March 2026, Alphabet (Google) completed its acquisition of Wiz for $32 billion in cash — the largest acquisition in Google's history, surpassing its $12.5 billion purchase of Motorola Mobility in 2012. Wiz had surpassed $1 billion in annual recurring revenue (ARR) in 2025, providing immediate financial scale to the combined entity. The acquisition positions Google Cloud to compete more effectively for enterprise clients requiring multi-cloud security solutions.
Company Overview
Wiz is a cloud security platform that provides unified visibility, threat detection, and risk management across multi-cloud environments. The company was founded in 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak — a team of cybersecurity veterans who previously built and sold Adallom to Microsoft for $320 million.
Wiz's platform is agentless and cloud-native, connecting to cloud environments through APIs to provide comprehensive security without the performance overhead of traditional agents. The company serves major enterprises across financial services, healthcare, technology, and government sectors.
Company History
Wiz was founded in 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak. The founding team had previously built Adallom, a cloud access security broker (CASB) company, which was acquired by Microsoft in 2015 for $320 million. After the acquisition, the team worked at Microsoft building Azure security products before leaving to start Wiz.
In 2024, Google approached Wiz with an offer to acquire the startup for $23 billion. Wiz walked away from the offer, with CEO Assaf Rappaport stating he believed the business could grow to be much larger. Google and Wiz revived acquisition talks in the first few months of 2025. The deal received regulatory approvals from US regulators in November 2025 and from the European Union in February 2026. Google completed the acquisition on March 11, 2026.
Leadership
- Assaf Rappaport – CEO & Co-Founder – Former Adallom founder; cybersecurity visionary
- Yinon Costica – Co-Founder – Product and technology
- Roy Reznik – Co-Founder – Technology and engineering
- Ami Luttwak – Co-Founder – Security research and threat intelligence
Products & Services
Wiz Cloud Security Platform
Agentless cloud-native security platform providing unified visibility, threat detection, and risk management across multi-cloud environments.
Cloud Security Posture Management (CSPM)
Continuous compliance monitoring and misconfiguration detection across AWS, Azure, and Google Cloud.
Cloud Workload Protection (CWP)
Runtime threat detection and response for cloud workloads and containers.
AI-Powered Threat Detection
Wiz has utilized AI to improve threat detection and investigation across cloud layers.
AI Strategy
Wiz has utilized AI to improve threat detection and investigation across cloud layers. The combined Google-Wiz entity will deliver a unified security platform to help organizations deal with threats faster. The companies plan to address increased security vulnerabilities and prompt-based attacks through a unified platform.
Business Model
Wiz charges per protected cloud workload rather than per seat, which has enabled rapid ARR growth from $500 million to over $1 billion. Wiz will integrate into Google Cloud but will maintain its independent brand and commitment to securing customers across all cloud environments.
Financial Performance
| Metric | Figure |
|---|---|
| Acquisition Price | $32 billion (cash) |
| 2025 ARR | $1 billion+ |
| Previous Acquisition Offer | $23 billion (2024) |
| Founded | 2020 |
| Headquarters | Israel / New York |
Strategic Impact
The acquisition represents a significant expansion of Google Cloud's security portfolio amid rising threats in multi-cloud environments. Large organizations increasingly work across Google Cloud, AWS, Azure, and Oracle Cloud, and Google Cloud gains a platform to secure these diverse environments. Google stated the acquisition is an investment to improve cloud security and enable organizations to build fast and securely across any cloud or AI platform[reference:59].
Key Takeaways
- Acquired by Alphabet (Google) for $32B in March 2026 — largest in Google's history.
- Surpassed $1B ARR in 2025, growing from $500M.
- Rejected a $23B offer in 2024 before accepting $32B.
- Agentless cloud-native security platform for multi-cloud environments.
- Founded in 2020 by former Adallom founders who sold to Microsoft.
- Will integrate into Google Cloud while maintaining independent brand.
- Wiz Official Website – wiz.io
- Google Acquisition Announcement – March 2026
- Dataconomy – Google Wiz Acquisition
- TechCrunch – Wiz Coverage
Profile compiled August 2026. Information is current as of the date of compilation.
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