Wiz’s Big Moment: The show is just getting started

I love magic ✨. And I love most the intimacy of close up, table magic. If you share my passion, you know the feeling of amazement even as you expect the unexpected: it's a thrill, you relive the build-up, and you crave whatever wonder may come next. It’s this feeling I’ve had since Wiz’s first days.

Today marks another magical moment in Wiz’s journey–Google announced its intention to acquire the company for $32bn, subject to regulatory approvals. This represents one of the largest technology acquisitions of all time. As Assaf says, it took the company 5 years to get to where it is today, or 23 years since the founding team first met. During their short journey, Wiz has shattered record after record – being the fastest company to reach $100m, $200m, and then $500m in annual recurring revenue, and becoming the trusted partner to many leading companies including Morgan Stanley, BMW, Mars and Salesforce.

My journey with Wiz began when Assaf called me on my birthday in the winter of 2020 to tell me, “It’s time to do it again.” Ever since the team has wasted no time building a unique company. They chose an unconventional path: to create a global company with an enterprise-grade platform that expressed deep empathy for its customers’ needs.

The currency that fueled their ability to surpass even the boldest ambitions was trust. The close relationships the founders nurtured with each other, their teams, and many of us at Index were often forged fast and deep. With that trust and mutual understanding, they moved as one, continuously redefining what was possible.

While we’ve written about Wiz’s four outstanding co-founders, Assaf, Ami, Roy, and Yinon, there’s just as much to be said about the friendships that will continue with many other incredible Wizards—Chief Marketing Officer Raaz Herzberg, General Counsel Nir Dagan, Chief Strategy and Security Officer Anthony Belfiore, Chief Business Officer Adi Leist Sharon, Assaf’s Executive Assistant and Operation Leader Sarah Serrin, President and COO Dali Rajic, and President and CFO Fazal Merchant.

Index is so proud to have been at the table with Wiz, and word to the wise, buckle up because this is just the beginning. More magic is in the cards!

Shardul & Index