Wiz, a rapidly growing cloud cybersecurity startup, has made a significant executive hire by appointing former Zscaler executive Dali Rajic as its new Chief Operating Officer and President. Rajic’s transition follows over four years at Zscaler, where he also held the roles of COO and president. Wiz, which raised $300 million last year at a valuation of $10 billion, has set ambitious goals, aiming to achieve $1 billion in annual recurring revenue, a significant leap from its current $350 million, with Rajic’s leadership expected to drive strategic growth initiatives as the company gears up for its IPO.
The appointment of Rajic underscores Wiz’s commitment to strengthening its leadership team with seasoned industry veterans to propel its growth trajectory. With Rajic’s extensive experience in scaling innovative companies, Wiz aims to leverage his expertise to navigate its path towards public listing successfully. The company’s strategic focus on expanding its workforce by 400 employees signifies its confidence in future growth prospects and its readiness to seize opportunities in the competitive cybersecurity landscape.
Wiz’s differentiated approach to cloud-native application protection, emphasizing a consolidated approach to detection, vulnerability, and misconfiguration, positions it as a formidable player in the cybersecurity market. CEO Assaf Rappaport’s vision to streamline security operations by bringing all signals into one platform aligns with Wiz’s mission to build trust with developers and DevOps teams while providing actionable insights. As Wiz prepares for its IPO and executes its growth strategy under Rajic’s leadership, it underscores the company’s commitment to delivering innovative solutions to safeguard cloud data and capitalize on market opportunities.