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Assaf Rappaport

Assaf Rappaport is the co-founder and CEO of the cloud security company Wiz. He previously co-founded the cloud access security broker Adallom, acquired by MicrosoftMicrosoftMicrosoft is a technology company founded by Bill Gates and Paul Allen in 1975 and headquartered in Redmond, Washington, with businesses spanning Windows, Microsoft 365, Azure, enterprise software, artificial intelligence, gaming and devices.Open the full entry in 2015, and served as general manager of Microsoft’s Israel R&D Center; GoogleGoogleGoogle is an American technology company founded by Larry Page and Sergey Brin and incorporated in 1998. It became an Alphabet subsidiary in 2015. Its businesses include internet search, advertising, software platforms, cloud computing, and artificial intelligence.Open the full entry completed its $32 billion acquisition of Wiz in March 2026, the largest acquisition in Google’s history.

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Key facts

Early Life: Military Service and Education

Rappaport is a graduate of the Israel Defense Forces’ Talpiot program and served in the intelligence units 81 and 8200; he is a veteran captain of Unit 8200.⁠[1][2][3]

He holds a B.Sc. in computer science, physics and mathematics from the Hebrew University and an M.Sc. in computer science from the Technion – Israel Institute of Technology, where his master’s adviser was Prof. Danny Raz, dean of the Technion’s computer science faculty in 2025.⁠[3][1]

He has been recognized by Cisco and Intel for content delivery network innovations.⁠[3]

Early Career: McKinsey & Company

Co-Founding Adallom

In 2012 Rappaport co-founded Adallom with Ami Luttwak, Yinon Costica and Roy Reznik, friends from his military service; the startup began in a small room in a Tel Aviv apartment and developed cloud-based information security technology. Rappaport was co-founder and CEO, and Adallom’s product was a cloud access security broker (CASB).⁠[2][3]

On September 8, 2015, Microsoft announced its acquisition of Adallom, whose cloud access security broker gave businesses visibility and control over access to data in cloud applications such as BoxBoxBox is an American enterprise software company founded in 2005 by Aaron Levie, Dylan Smith and others, headquartered in Redwood City, California. It provides cloud content management, file sharing, collaboration, e-signature and AI content-processing tools, and went public on the New York Stock Exchange in 2015 under the ticker BOX.Open the full entry, Dropbox, Salesforce and Office 365; the price was $320 million.⁠[4][5]

At Microsoft

After the acquisition Rappaport and his co-founders joined Microsoft. He led Microsoft’s Cloud Security Group and served as general manager of Microsoft’s Israel R&D Center, where Luttwak was chief technology officer.⁠[6][3]

He became head of Microsoft’s Israel R&D Center at age 34 and, after four and a half years at Microsoft, left to found Wiz with his three partners.⁠[2]

Founding Wiz

In January 2020 Rappaport co-founded the cloud security company Wiz with Luttwak, Costica and Reznik and became its CEO.⁠[5]

On December 9, 2020, Wiz emerged from stealth with $100 million in Series A financing. Rappaport said in the announcement: “When our founding team was leading the Microsoft Cloud Security Group, we saw firsthand how security teams struggled with the complexity of existing approaches to securing the cloud.”⁠[5]

Funding, Recognition and a Takeover Offer

In February 2023 Wiz raised $300 million at a $10 billion valuation. Rappaport said in an email interview: “Cloud is the biggest transformation to InfoSec since inception, changing the way organizations deliver and ship software.”⁠[6]

In 2023 Rappaport appeared on the cover of Forbes magazine, and in 2024 Time magazine named him to its TIME100 Next list.⁠[1]

In May 2024 Wiz raised $1 billion at a $12 billion valuation. Rappaport wrote on the company blog: “I’ve said 2024 is the year of consolidation – for Wiz, and the industry at large.”⁠[7]

In 2024 Google offered to buy Wiz for $23 billion, and Wiz forwent the deal. Rappaport wrote to employees: “Although we are flattered by the offers we received, we chose to continue our path to building Wiz,” setting the goal of turning Wiz into “the best cybersecurity company in the world.”⁠[2]

Google’s Acquisition of Wiz

On March 18, 2025, Google announced a definitive agreement to acquire Wiz for $32 billion in cash, subject to closing adjustments. The deal was the largest exit in Israel’s history and Google’s largest acquisition. At the time each of Wiz’s four founders held about 10 percent of the company.⁠[8][1][2]

On March 11, 2026, Google completed the acquisition and Wiz joined Google Cloud. Rappaport said: “Joining Google Cloud allows us to scale our mission of protecting customers wherever they operate – at machine speed.” After the closing he continued as Wiz’s CEO.⁠[9][10]

Personal Investments

Related Organizations, Websites, and Public Accounts

Sources

  1. Congratulations to Assaf Rappaport, a Graduate Of The Faculty, On The Acquisition Of Wiz By Google For 32 billion Dollars (opens in a new window)
  2. Still rents, rides public transit: How billionaire CEO Assaf Rappaport led Wiz to a record exit (opens in a new window)
  3. Posts by Assaf Rappaport | Wiz (opens in a new window)
  4. Microsoft acquires cloud security company Adallom (opens in a new window)
  5. Wiz Emerges from Stealth with $100 Million Series A Financing and a Mission to Reinvent Cloud Security (opens in a new window)
  6. Cloud security startup Wiz, now valued at $10B, raises $300M (opens in a new window)
  7. Celebrating Our $1 Billion Funding Round and $12 Billion Valuation | Wiz Blog (opens in a new window)
  8. Google Announces Agreement to Acquire Wiz (opens in a new window)
  9. Google Completes Acquisition of Wiz (opens in a new window)
  10. About Wiz (opens in a new window)
  11. Wiz CEO Assaf Rappaport builds global investment empire after record Google deal (opens in a new window)