Wiz Acquires Gem Security to Expand Cloud Detection and Response Offering – Chronicle-Tribune

0 minutes, 39 seconds Read

Amidst industry consolidation, Wiz moves to reinvent cloud threat detection and response for Cyber Defense and Security Operations teams

NEW YORK, NY / ACCESSWIRE / April 10, 2024 / Cloud security leader Wiz has announced the acquisition of New York-based startup Gem Security. With a valuation of $10 billion and $900 million raised to date, Wiz aims to add to its Cloud Native Application Protection Platform (CNAPP) with Gem’s technology. The acquisition advances Wiz’s Cloud Detection and Response (CDR) capabilities, and also demonstrates Wiz’s commitment to consolidation: as organizations push to combat tool sprawl, siloes, and visibility gaps, Wiz is building the world’s go-to platform for protecting everything organizations build and run in the cloud.

This page requires Javascript.

Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

This post was originally published on 3rd party site mentioned in the title of this site

Similar Posts