Israeli startup Wiz has appointed Fazal Merchant as president and CFO to drive the company's growth and prepare for a future IPO. Wiz recently rejected a $23 billion takeover offer from Google-parent Alphabet and plans to focus on achieving an annual recurring revenue of $1 billion. The company currently has annual revenue of around $500 million and counts half of the Fortune 100 companies as its customers.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14267325/Cyber-firm-Wiz-taps-Merchant-president-CFO-prepare-IPO.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14267325/Cyber-firm-Wiz-taps-Merchant-president-CFO-prepare-IPO.html
Source Id: 2025-01-597886494
