(Bloomberg) — Wiz backer Sequoia Capital is poised to deliver a return of about 25 times its invested capital from the cybersecurity startup’s pending sale to Google parent Alphabet Inc., according to a person with knowledge of the matter. The multiple on invested capital, known as MOIC, is calculated based on Sequoia’s roughly 10% stake … Read more
(Bloomberg) — Alphabet Inc. is in talks to purchase cloud-security company Wiz Inc. for $33 billion, restarting discussions that were called off last summer after extended negotiations, according to people familiar with the matter. The deal, which may be announced as soon as Tuesday, would be Alphabet’s largest acquisition to date, and could help Alphabet’s … Read more
New York-based cybersecurity firm Wiz says it has found a trove of sensitive data from the Chinese artificial intelligence startup DeepSeek inadvertently exposed to the open internet. In a blog post published Wednesday, Wiz said that scans of DeepSeek’s infrastructure showed that the company had accidentally left more than a million lines of data available … Read more