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Gem Security (acquired by Wiz)

About Gem Security (acquired by Wiz)

Gem Security, founded in 2022 and based in New York City, specializes in cloud security with a focus on Cloud Detection and Response (CDR). The company was acquired by Wiz in April 2024, enhancing Wiz's cloud security offerings. The founding team, led by CEO Arie Zilberstein, identified key visibility gaps in cloud security during breach investigations, which guided their mission to improve cloud security operations. Gem Security's platform provides services such as real-time cloud threat detection, automated incident response, and forensic capabilities. These tools help organizations monitor their cloud infrastructure, streamline threat containment, and conduct detailed post-incident analyses. The company engaged customers early in product development to refine its solutions, addressing the complexities of cloud security for enterprises. With a total funding of $34 million, including a $23 million Series A round, Gem's rapid growth made it an appealing acquisition for Wiz, reflecting the increasing demand for comprehensive cloud security solutions.