Julie Bort

Wiz hopes to hit B in ARR in 2025 before an IPO, after turning down Google’s B

Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B

by Julie Bort
October 23, 2024
I.T. Today
3 min read

Wiz co-founder and VP of R&D Roy Reznik told CNBC last week that the company has hit $500 million in annual recurring revenue, and plans to double that in 2025 to $1 billion. He also…

Ted Schlein’s 2-year-old Ballistic Ventures has already raised a second 0 million fund

Ted Schlein’s 2-year-old Ballistic Ventures has already raised a second $360 million fund

by Julie Bort
March 14, 2024
I.T. Today
4 min read

After a shakeup at venture capital fund Kleiner Perkins a few years back, one of its star B2B investors, Ted Schlein, sort of left to start his own firm. Two years ago, he launched Ballistic…