Meet Israeli Unicorn CyberSecurity Wiz Founders And Their Net Worth

As companies are spending more on Artificial Intelligence and cloud infrastructures, there is an urgency for reliable cloud security companies. That’s where Wiz comes in.

In this article, we will be talking about the Israeli unicorn cybersecurity Wiz founders, the brains behind the billion-dollar company. Wiz is one of the biggest cloud security companies and the Tech’s highest-flying unicorn.

With a staggering $10 billion valuation, all of the Wiz founders have an amazing net worth. Stay with us to learn more about the company’s history.

The Background Story of Wiz: Success of Its Founders

In early 2001, Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik met each other. They were recruited to join an elite cyber intelligence division, Unit 8200, a kind of Israeli NSA.

Those four teenage boys would later become the founders of the world’s top cloud security company. Their relationship marked the start of a lifelong partnership that saw the start of their first cloud app security company, Adallom, in 2012.

Microsoft later acquired Adallom, and the four friends worked together to create something new in the cloud security domain. Finally, in January 2020, Assaf, along with his friends, founded Wiz with offices in New York, Washington, Denver, and Austin. Likewise, they have a longer RD center in Tel Aviv.

Before Wiz, the company was beyond the network. They got $200 million dollars after 18 months and then crossed another $200 million. Via Wiz establishes are hopeful of securing grounds pertaining to social matters while affecting the outside world as the company evolves.

From Scratch To $10 Billion Valuation In 3 Years

A cloud security company based in Israel, “Wiz,” is vigorous and reluctantly enforcing excellence to reinvent cloud security.

This security firm is a rapidly progressing startup, woth a strikingly $350 million in Annual Recurring Revenue (ARR) in 2023, while the latest estimation is projected at $10 billion.

Wiz has all the strengths of distinguished firms such as Insight Partners, Cyberstarts, Lightspeed, Index Ventures, etc. In the same array of facts, its customers are Bridgewater, Otto Group, IHG Hotels & Resorts, and many more.

It is evident that this Israeli tech is one of the larger movers at the 2023 Forbes Cloud 100. As recorded, this was the fastest software company to reach $100 million in (ARR) only to double that amount just nine months down the line.

Meet the First of Israeli Unicorn CyberSecurity Wiz Founders

Assaf Rappaport is widely recognized as one of the promising founding members of the Israeli startup Wiz. The guy has served as the company’s chief executive officer since inception in the first half of 2020.

Speaking of educational milestones, the founder of Wiz is a Hebrew University of Jerusalem graduate obtaining a bachelor’s degree in Computer Science in the year. Similarly, Assaff secured an MS from Technion – Israel Institute of Technology.

Israeli Unicorn CyberSecurity Wiz Founders. Image Credit: Social Media.

The CEO inaugurated his career in 2004, offering expertise as a Software Engineer & Project Manager at IDF prior to co-founding Adallom. He remained CEO of the company until 2015.

Assaf also was an employee of Microsoft Israel from 2015 to 2018. At present, he is involved in Mensch Capital Partners, Cyberstarts, and, most of all, Wiz.

According to recent news, Assaf Rappaport’s net worth has reached $1 billion.

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Ami Luttwak: The Second Co-founder

The tech expert is an Israeli national who graduated from The Hebrew University of Jerusalem in 2004 with a Bachelor’s in Physics, Math, and Computer Science. He completed his Master’s from the same institution.

Israeli Unicorn CyberSecurity Wiz Founders. Image Credit: Social Media.

Ami has worked with the Israel Intelligence Corps and Phonaris before co-founding Adallom with Rappaport. Interestingly, he was also employed at the Microsoft office in Israel as the CTO of R&D.

Since January 2020, Luttwak has been the Chief Technology Officer of Wiz.  Like his partner, Ami’s net worth is also reported to be around $1 billion.

Yinon Costica – VP of Product

Another name in the list of Israeli unicorn cybersecurity Wiz founders is Yinon Costica. He also graduated from the same institution as other Wiz co-founders.

Furthermore, Costica studied at the National University of Singapore and Naval Postgraduate School from 2009 to 2010. He was also employed at Adallom and Microsoft from 2014 – 2016 and 2016 – 2020, respectively.

Israeli Unicorn CyberSecurity Wiz Founders. Image Credit: Social Media.

Yinon’s work experiences include being the principal program manager and partner director of product management at Microsoft and the vice president of products at Adallom.

Since 2020, the Israeli tech expert has been the vice president of Products at Wiz. Like other Wiz co-founders, Yinon’s name has also recently been included in the world billionaire’s list with a net worth of $1 billion.

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Who Is the Fourth Founder?

Roy Reznik, the present vice president of R&D in Wiz, is the final name in the company’s founders list.

Israeli Unicorn CyberSecurity Wiz Founders. Image Credit: LinkedIn.

Reznik began his professional journey in 2004 as a software engineer for ADI Video Technologies. He worked for the Israeli Defense Forces from 2007 to 2011 before co-founding Adallom with his Wiz partners.

Similarly, the Israeli national is also Talon Cyber Security‘s seed investor and Kataro Distillery’s co-founder.  The final member of the Israeli unicorn cybersecurity Wiz founders’ net worth is also reported to be $1 billion.