Wiz
Cloud security provider grows its platform with acquisition of Raftt, deepening platform support for shift-left initiatives
NEW YORK, NY / ACCESSWIRE / December 4, 2023 / Cloud security leader Wiz has acquired Raftt, a cloud-native platform for developer collaboration. Recently, Wiz expanded its Cloud Native Application Protection Platform (CNAPP) to empower developers. Today's acquisition further enhances Wiz's Secure Cloud Development capabilities, which enable developers to build securely across the software development lifecycle.
Wiz's CNAPP - which is ranked #1 by customers and used by 40% of the Fortune 100 - already has a strong developer base: more than 50% of Wiz users sit outside the security function, reflecting the reality of how cloud security operations have become democratized. The addition of the Raftt team will allow Wiz to move even faster as the company continues to build and enhance its industry-leading platform, allowing security and development teams to proactively reduce their attack surface from build time to run time.
"The opportunity to be part of Wiz was one we couldn't pass up," said Roy Iarchy, Co-founder & CEO of Raftt. "At Raftt we lived and breathed the world of developers. We are extremely excited to put those superpowers to work and change the face of cloud security."
"Exceptional talent is the engine that fuels Wiz," said Assaf Rappaport, CEO & Cofounder, Wiz. "Wiz brings a unified view from runtime to development, clear risk analysis, and simplified operations that breaks down the operational silos between security and dev teams. The Raftt team will help us lean into our Secure Cloud Development strategy, introducing new capabilities for preventing costly production issues at the source."
For more on the Raftt acquisition, visit the Wiz blog.
About Wiz
Wiz secures everything organizations build and run in the cloud. Founded in 2020, Wiz is the fastest-growing software company in the world, scaling from $1M to $100M ARR in 18 months. Wiz enables hundreds of organizations worldwide, including 40 percent of the Fortune 100, to rapidly identify and remove critical risks in cloud environments. Its customers include Salesforce, Slack, Mars, BMW, Avery Dennison, Priceline, Cushman & Wakefield, DocuSign, Plaid, and Agoda, among others. Wiz is backed by Sequoia, Index Ventures, Insight Partners, Salesforce, Blackstone, Advent, Greenoaks, Lightspeed and Aglaé. Visit https://www.wiz.io for more information.
Contact Information
Tamar Harel
Head of US Office, STLV
tamar@shalomtelaviv.com
(347) 629-0609
SOURCE: Wiz
To view this piece of content from stats.newswire.com, please give your consent at the top of this page.View source version on accesswire.com:
https://www.accesswire.com/812726/wiz-acquires-raftt-bolsters-cnapp-offering-for-cloud-and-kubernetes-developers
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESSWIRE
Subscribe to releases from ACCESSWIRE
Subscribe to all the latest releases from ACCESSWIRE by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESSWIRE
OmniGuide Holdings26.7.2024 14:07:40 CEST | Press release
OmniGuide Holdings Announces Successful Completion of Patient Study for Revolutionary iSTONE(TM) Laser-Guided Lithotripsy Technology
SpeedSize26.7.2024 12:31:59 CEST | Press release
SpeedSize Implements AI-Powered Media Optimization to Deliver Fast and Engaging Online Experience for Never Fully Dressed
Representing Animals Foundation25.7.2024 20:02:26 CEST | Press release
British Veterinary Association Ends Opposition to Vegan Diets for Dogs
U.S. Polo Assn.25.7.2024 13:02:58 CEST | Press release
U.S. Polo Assn. Serves as Official Apparel Partner for 2024 Cowdray Gold Cup
CGFNS International23.7.2024 18:23:16 CEST | Press release
CGFNS International Joins WHO Stakeholder Network to Advance Rehabilitation Care
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom