Wiz is sued for NIS 200 million over alleged ‘phantom’ acquisition of Israeli startup

Wiz is sued for NIS 200 million over alleged ‘phantom’ acquisition of Israeli startupCybersecurity unicorn Wiz is facing a NIS 200 million ($65 million) lawsuit for misconduct and misrepresentation over the alleged “phantom” acquisition of Israeli startup Raftt. According to the lawsuit submitted to the Tel Aviv District Court on Sunday, Raftt accuses Wiz of false representation regarding the purported purchase of the cloud software startup in December […]

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