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by toomuchtodo 701 days ago
They’d be competing with Crowdstrike, SentinelOne, Microsoft Defender, and Trend Micro not to mention existing CNAPP/CSPM offerings that have an agent for cloud runtime security as well as other cloud runtime security focused startups.

Adding a runtime security and EDR offering is not going to get them to a $23B valuation.
1 comments
qaq 701 days ago
Sure and many others but outside of CrowdStrike most are not very competitive and being a fresh entry has it's benefits.
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borski 700 days ago
“Fresh” is the key word. You need to have fresh ideas, and I am certain Wiz doesn’t, as it relates to endpoint security.

I agree Crowdstrike sucks. I’ve been beating that drum for the better part of a decade.

Building a “new crowdstrike” by a different name won’t win.

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qaq 699 days ago
Honestly you just need to have good marketing and a passable product. The "secret" none talks much about all top tier APT groups run labs and test their exploit families agains all top tier Endpoint solutions. So none of them can stop a determined well resourced adversary but that not in any of the marketing booklets.
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borski 699 days ago
Oh, of course. I was that well-resourced adversary (through the USG) for some time. :)

I just mean that if you want to own the market, you will not be able to do that unless you provide something fresh, and it will be a race to the bottom otherwise, in the long run. The same as dynamic web app scanning is today.

At Wiz's valuation, if they were to enter that space, they couldn't be 'just another player.' They'd have to own the space. And I don't think they can do that purely through marketing, as others are already much more entrenched.

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