Dali Rajic Appointed President and COO of Wiz: Targets $1 Billion in Sales

by time news

2024-02-05 14:08:00

Rajak has served for the past four years as President and Chief Operating Officer of Zscaler

Dali Rajic will be appointed President and Chief Operating Officer of Wiz and will report to Assaf Rapaport. Rajic has served for the past four years as President and Chief Operating Officer of Zyscaler, during which he has led to a 700% increase in the company’s sales. He will lead Wiz’s growth strategy, as part of the company’s preparations for an IPO – with the goal of reaching $1 billion in sales.

The cyber company Wiz announces today the appointment of Dali Rajic as the company’s president and chief operating officer. Rajic will report to Assaf Rappaport, the company’s co-founder and CEO. The company reveals that at the end of 2023 it reached a sales volume (ARR) of 350 million dollars with a market share of 40% of Fortune 100 companies, and that its goal is to reach a billion dollars in sales. Wiz has raised 900 million dollars to date according to a recent valuation of 10 billion dollars, employs about 900 people and plans to recruit about 400 people in Israel, the USA and other countries in the coming year.

Rajak served for the past four years as president and chief operating officer of Zscaler ZSCALER 0% close:0 open:0 high:0 low:0 turnover:– page quote news graphs company profile recommendations additional articles on the subject: , and under his management the annual sales of The company jumped by 700%. Previously he served as Chief Customer and Revenue Officer at AppDynamics which was acquired by Cisco CISCO SYSTEMS 0% Close: 0 Open: 50.14 High: 50.38 Low: 49.62 Turnover:– Page Quote News Graphs Company Profile Additional article recommendations on the topic: and led the company from $7 million in sales to $1 billion in sales.In addition, Daly held a series of management and sales positions at organizations such as BMC Software and Verint.

Wiz was founded in 2020 by Assaf Rappaport, Yanon Kostica, Ami Lutbek and Roy Reznik. The company raised a total amount of 900 million dollars according to a value of 10 billion dollars. It employs about 900 people in the US, Israel, Europe and Asia, and this year will recruit about 400 people in Israel and other countries. Wiz’s platform is used by more than 40% of the Fortune 100 and its clients include Morgan Stanley, Fox, Colgate-Palmolive, eSure, Priceline, Aon, BMW and more.

“We are happy to announce the joining of Dali Rajak to the management of Wiz, a company that has been operating since day one with a clear vision of rapid growth, technological innovation and constant value to customers,” he said. Assaf Rapaport, founder and CEO of Wiz. “In the coming year, we plan to take another leap forward and continue to work towards our next goal – a billion dollars in sales, with a view towards an IPO. Over the years, Dali has led tremendous growth in some of the largest and most innovative companies in the world, and we are sure that he will play a crucial part in our growth journey, on the way to leading the The global cloud security market”.

“Throughout my career I was privileged to work and influence excellent technology companies in the industry,” he said Dali Rajak, President and Chief Operating Officer, Wiz. “Wiz has a tremendous opportunity in the market in which it operates, as well as the ability to continue to grow rapidly and at a significant scale. The billion dollar sales challenge that the company presents is one that I could not refuse – we are going to change the face of cyber security, and I am more than ready to get started in craft”.

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