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Wiz's $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup's early-stage investors. The ...
Cybersecurity could now see ‘more innovators wanting to become the next Wiz’ following Google’s $32 billion acquisition deal for the cloud security vendor, according to Gartner’s Neil MacDonald.
Index Ventures has turned a $245M investment in Wiz into $4.3B after news of a purchase by Google, Berber Jin of The Wall Street Journal reports. Index Ventures helped fund Wiz, eventually earning ...
VC firms like Sequoia Capital, Insight Partners, and Index Ventures are set for a huge payout. After much anticipation and a near-deal last summer, Google is finally buying Wiz for $32 billion in ...
After committing more in later rounds, it now owns about a 10% stake in Wiz and could reap $3 billion from the sale, sources said. Index Ventures, now the largest shareholder in Wiz, has about a ...
The venture capital firms that invested in cybersecurity firm Wiz, which agreed to a $32 billion buyout by Google's parent Alphabet , stand to reap returns as high as 200 times for seed investors, ...
Update: the deal is done at $32 billion, in cash. Read more here. Google's parent company Alphabet is again in advanced talks ...
After launching Wiz in 2020, the founders quickly “made a number of critical decisions that set themselves up to be really different,” said Shardul Shah, a partner at Index Ventures who helped ...
Started by Israelis and based in New York, Wiz’s investors include Sequoia Capital, Index Ventures, Insight Partners and Cyberstarts. Last year, the company was valued at $12 billion in a funding ...
Google is making the biggest acquisition in its history. The company's parent company Alphabet is buying Wiz, the cloud security startup, for $32 billion ...
And Index Ventures didn’t stop at its first check. It put more money in Wiz during every subsequent funding round, making it the startup’s largest outside shareholder with a 13% stake.