Glean’s Post

“Our top-of-mind right now is customers." Seven of the 10 biggest U.S retailers use Tanium’s security software, and eight of the 10 biggest commercial banks. Overall, Tanium’s software currently helps secure 32 million employee devices worldwide. Tanium has always been focused on driving growth and innovation for its customers — and in the era of GenAI, our approach is no different. We’re continuing to secure more than 32 million endpoints globally with converged and autonomous endpoint management — setting the standard for AI in cybersecurity, This recent Forbes article shares what our customers can expect to see next. #tanium #forbes #autonomousendpoint

Write a single policy and scale it across your cloud environments? Sounds like a dream ☁️ Cisco Multicloud Defense makes it a reality! ✅ Achieve consistent multicloud #security with Cisco #Multicloud Defense 👉 http://cs.co/6049wiCP5 #ciscosecure

Predictions don’t always manifest, but we're starting to see our views on M&A in 2024 play out - especially within the cybersecurity sector. As a ScaleUp investor, one key area we support our portfolio companies is through inorganic growth. In his interview with Bloomberg Technology's Caroline Hyde, Assaf Rappaport shares how Wiz is leveraging M&A for scale in what is looking to be "the year of acquisitions." Tune in below to hear his thoughts, and check out the rest of our 2024 predictions to make sure you’re following what’s going to move the needle next!

🎉 Exciting news — for the ninth consecutive year in a row, #Tanium has been named to Forbes’ 2024 #Cloud100, honoring the top 100 biggest private ☁️ companies in the world! Thanks to Forbes, Bessemer Venture Partners, and Salesforce Ventures for recognizing how Tanium revolutionizes the way security and IT operations teams manage risk and protect endpoints on a single platform. Explore our cloud-based Converged Endpoint Management (XEM) platform — and discover how it provides real-time visibility, control, and remediation: #itmanagement #informationtechnology #cybersecurity #cloudcomputing

Check out Shashwat Sehgal's talk with That Tech Pod. They discuss the upcoming RSA Conference Innovation Sandbox, the current state of cloud security, and trends shaping the industry in the coming years.  https://lnkd.in/gTR2-4Rv #rsaconference #thattechpod #cloudsecurity #identityandaccessmanagement #privilegedaccess #rsacinnovationsandbox #security www.thattechpod.com

🍭Reflecting on an incredible journey in 2023 for Sweet Security 🌟 ☁️ In the beginning of 2023 Eyal Fisher, Orel Ben Ishay, and I founded Sweet with a vision to redefine cloud security. We embarked on an exhilarating path to transform cloud security in runtime. Throughout 23' we raised an impressive seed round, emerged from stealth as the pioneering cloud runtime security suite, and engaged with a diverse array of prospects, signing our first customers and validating our impact in this dynamic landscape. 👥 Scaling our team to over 20 remarkable individuals has been an honor. Together, we've fortified our platform, laying the groundwork to reach higher in 2024. Despite the backdrop of challenging times in Israel, our resilience has been a driving force, uniting us to push boundaries and exceed expectations. Oh, we were also recognized by Gartner as a key vendor in the cloud runtime space. As we brace for 2024, the Sweet journey continues. 🚀 Anticipate further expansion and innovation as we set our sights on broader horizons. Predictions for the cloud runtime security space are bold—evolving rapidly, and Sweet is at the forefront, leading the charge with a comprehensive suite that covers everything from detection and response, to better vulnerabilities management, posture management, and more. Our commitment remains unwavering—to provide unparalleled cloud security solutions that redefine industry standards, and make your journey to the cloud a whole lot sweeter. Thank you to our incredible team, investors, and visionary customers who've fueled our ascent. Stay tuned 2024 breakthroughs, and have a Sweet New Year! 🌟 #SweetSecurity #TheRuntimeSuite #CloudRuntimeSecurity #ItsrunTIME #Startup Glilot Capital Partners CyberArk

Congratulations to P0 Security on raising $15M Series A funding to help enterprises govern and secure cloud access for all human and machine identities in minutes. The round was led by SYN Ventures, with participation from Zscaler and Lightspeed Venture Partners. With cloud-native environments rapidly expanding access paths for both human and non-human identities, traditional methods are becoming obsolete. Legacy approaches to access governance and identity security relied on network boundaries. In today’s cloud-native environment, the explosion of cloud resources, data locations and identities—both human and non-human—are exponentially expanding access paths to sensitive data and critical infrastructure, rendering traditional methods ineffective. P0 Security is the first to provide a solution to govern and secure cloud access for all identities—human or machine—in a unified platform. P0 Security’s platform provides full visibility and control, answering the key question: "Who or what can access our cloud?"

Assaf Rappaport is one of the most influential voices in cybersecurity. With $900M raised and $350M in ARR, it's safe to say a lot has changed over the past 4 years. Yet, what strikes me the most is what has stayed constant, Assaf's focus on people above all else. When asked to identify the hardest part of his job, Assaf didn't hesitate in his answer -- attracting the best talent. More on the cybersecurity landscape, impact of generative AI, and what's next for Wiz in this insightful conversation with Assaf, Caroline Hyde & Edward Ludlow on Bloomberg.

Google is in advanced stages to acquire Wiz, a cloud cybersecurity platform for $23 billion - And this is the stuff that VCs dream of!! - Wiz is barely 4 years old. They were founded in March 2020 by four cybersecurity veterans, who had previously founded a company Adallom, that was bought by MSFT (and were subsequently leading cloud security at MSFT) - They emerged from stealth in Dec 2020 with a monster $100M round from Sequoia, Insight and Index V. - Since then, their ARR has been in an absolute tear. Wiz became the fastest SaaS co to go from $1M to $100M in ARR (<18 months), and growing to $350M by May 2024 - Their fundraising kept pace - Wiz continued raising large rounds, raising $250M in May 2021, $250M in Oct 2021, $300M in Feb 2023 and $1B in May 2024 - Now, if the Google acquisition goes through, this would be a multi-bagger (30x DPI) on an investment timeframe of <3 years. Huge win all around, especially at a time when the public market sentiment on SaaS is bleak and IPOs aren't happening!

The Rise of Wiz : From Inception to Potential Google Acquisition Founded in 2020 by Assaf Rappaport and a team of former Microsoft employees, #Wiz quickly emerged as a leader in #cloudsecurity. The company’s innovative approach provides comprehensive visibility into #cloud environments, helping organizations detect and remediate #security threats efficiently. Their platform offers robust features like real-time risk assessment, seamless integration, and user-friendly interfaces, which have garnered significant industry attention. Wiz's rapid growth and cutting-edge technology have not gone unnoticed. Rumors of a potential $25 billion acquisition by Google have surfaced, highlighting Wiz’s impressive valuation and strategic importance in the #cybersecurity landscape. Such an #acquisition would represent a significant move by #Google to bolster its cloud security offerings, integrating Wiz's advanced capabilities to enhance its own services. The potential acquisition underscores the growing importance of cloud security in an increasingly digital world. As businesses continue to migrate to the cloud, the need for robust security solutions becomes paramount. Wiz’s success story exemplifies the critical role that innovative startups play in shaping the future of technology and cybersecurity. Wiz's Key Achievements: 1. Innovative Cloud Security Solutions: Wiz’s platform offers real-time visibility and comprehensive risk assessment for cloud environments. 2. Rapid Growth and Adoption: Since its founding, Wiz has seen rapid adoption by major enterprises seeking advanced cloud security solutions. 3. Strategic Partnerships: Integrations with platforms like ServiceNow have expanded Wiz’s reach and functionality. 4. Impressive Valuation: The company’s valuation has soared, reflecting investor confidence and market demand for its solutions. Future Prospects: If the Google acquisition materializes, it could significantly impact the cybersecurity market, potentially leading to enhanced cloud security features and broader market reach for both entities. Regardless, Wiz's trajectory highlights the critical role of innovation in cybersecurity and its pivotal position in safeguarding the digital frontier. Google Cloud