The Jerusalem PostTech
Assaf Rappaport: Wiz Founder Becomes Major Tech Investor After $32 Billion Google Acquisition
Summarized from The Jerusalem Post by baba
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Assaf Rappaport, founder of the Israeli cybersecurity firm Wiz, has become a major tech investor after Google acquired Wiz for $32 billion. Rappaport's foundation has also invested in media companies, including Channel 13.
The story in 5 lines · by baba
- Assaf Rappaport is now a leading private tech investor after Wiz's $32 billion sale to Google.
- Wiz was acquired by Google in March 2026 for $32 billion, a record for a venture-backed startup.
- Rappaport's foundation has invested in media, acquiring stakes in Channel 13 and Israel Bidur.
- Wiz experienced rapid growth, reaching $100 million ARR in 18 months.
- The company's success highlights the strength of Israel's tech sector.
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