Announced

Completed

Wiz completed the acquisition of Gem Security.

Synopsis

Wiz, a cloud security startup, completed the acquisition of Gem Security, a provider of a cloud-based cybersecurity platform. Financial terms were not disclosed. "Existing cloud security tools are primarily designed for DevOps teams — analyzing static configurations to identify vulnerabilities. In comparison, Gem's platform is focused on real-time defense against cloud-native attacks, continuously analyzing cloud activity to enable SOC teams to identify and investigate any suspicious or unauthorized action," Arie Zilberstein, Gem Security Co-Founder.

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