IPOs

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…

Rubrik’s shares climb 20% in its public debut

by Rebecca Szkutak
April 25, 2024
I.T. Today
4 min read

Rubrik shares hit the New York Stock Exchange Thursday debuting at $38 a share. The cybersecurity company priced it shares at $32 apiece Wednesday night, just a hair over its initial target range of $29…