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Google Moves To Acquire Cloud Cybersecurity Firm Wiz for $23 Billion

Jonathan Maietta's avatar
Jonathan Maietta
Jul 14, 2024
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  • Tel Aviv-based Wiz was running at a $350 million recurring revenue run rate at the beginning of 2024. That is approximately a 65x revenue multiple on trailing revenue.

  • Given that Wiz is a cloud-focuse…

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