Wiz Acquisition Highlights Record Capital Raised in Israel's Cyber Sector
Deal News | Mar 20, 2025 | EIN
Google's acquisition of Israeli cybersecurity company Wiz for $32 billion underscores a notable increase in capital raised by Israel's cyber sector, despite existing regional challenges. According to a report from Cybertech Global and IVC, Israeli cyber firms have seen a 56% surge in capital raised in 2024, reaching $3.79 billion. Despite a decline in total exit values, the sector remains robust with increased investments at the seed stage and later-stage funding rounds. The acquisition allows Wiz to maintain operational independence, enhancing Google's position in cloud security. Cybertech Global Tel Aviv 2025 is anticipated to gather significant global cybersecurity stakeholders.
Sectors
- Cybersecurity
- Cloud Computing
- Mergers & Acquisitions
Geography
- Israel – The article focuses on Israel's booming cybersecurity sector and its global implications, highlighted by Google's acquisition of an Israeli firm.
- United States – Google, a major US-based company, is the acquirer in this significant M&A deal within the global tech industry.
Industry
- Cybersecurity – The article discusses the growth and challenges of the Israeli cybersecurity sector and its strategic importance, particularly in light of Google's acquisition of Wiz.
- Cloud Computing – The acquisition by Google of Wiz is partly due to its ambition to become a leader in cloud security, a key area within the broader cloud computing domain.
- Mergers & Acquisitions – Google's acquisition of Wiz is a significant M&A activity within the technology and cybersecurity industry, illustrating continued strategic consolidation.
Financials
- $32 billion – The acquisition price for Wiz by Google.
- $3.79 billion – Total capital raised by Israeli cyber companies in 2024, marking a 56% increase.
- $4.39 billion – Total exit value for Israeli cyber companies in 2024, reflecting a 37% decline.
- $32.67 million – Average capital raised per deal in the Israeli cyber sector in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bidding Company | Company | A leading global technology company acquiring Wiz to strengthen its cloud security capabilities. | |
| Wiz | Target Company | Company | An Israeli cybersecurity company acquired by Google for its cloud security expertise. |
| Moran Chamsi | Commentator | People | Managing partner at Amplefields Investments providing context on the significance of the Wiz acquisition. |
| Cybertech Global | Report Publisher | Company | An organization providing insights into the cybersecurity industry, hosting Cybertech Global Tel Aviv 2025. |
| IVC | Report Contributor | Company | Collaborated with Cybertech Global on a report discussing Israel's cybersecurity sector. |
| Amir Rapaport | Journalist/Founder | People | Journalist and founder of Cybertech Global, commenting on the Israeli cyber industry's strength. |