Wiz Welcomes Dali Rajic as New President and COO to Accelerate Growth Towards $1 Billion ARR

Assaf Rappaport, Co-Founder and CEO; Dali Rajic, President & COO (Photo Credit: Wiz)

NEW YORK, February 6, 2024 (VSNewsNetwork.com) - In a strategic move aimed at bolstering its position as a cloud security leader, Wiz has appointed Dali Rajic as its President and Chief Operating Officer, according to an announcement from the company. Rajic, who has garnered over 25 years of experience in leading go-to-market strategies and operations for premier tech firms, is expected to guide Wiz through significant growth and operational enhancements as the company sets its sights on achieving $1 billion in Annual Recurring Revenue (ARR) and prepares for a public offering.

Wiz, recognized for becoming the world's fastest-growing software startup within four years of its inception, reported reaching $350 million in ARR. The company attributes its success to innovative product developments, including the Runtime Sensor for real-time detection and response, which have established Wiz as a top choice among over 40% of the Fortune 100 companies. With a global workforce surpassing 900 employees, Wiz is poised for further expansion in 2024.

Before joining Wiz, Rajic played a pivotal role at Zscaler, where, as COO and President, he oversaw a revenue increase exceeding 700%. His prior positions include Chief Customer and Revenue Officer at AppDynamics, where he contributed to the company's growth from $7 million to nearly $1 billion in ARR, and leadership roles at BMC Software and Verint.

Assaf Rappaport, CEO & Cofounder of Wiz, emphasized Rajic's fit for the role, stating, "Dali has successfully scaled some of the world's most innovative companies, and we’re thrilled to welcome him to the Wiz team.”

Shardul Shah, Partner at Index Ventures, highlighted Rajic's alignment with Wiz's customer-centric values, asserting, "Dali brings that same obsession with customer satisfaction and will be instrumental in making Wiz the most loved cybersecurity company in the world."

Rajic shared his enthusiasm for the new role, remarking, "Nothing in my experience matches Wiz in terms of market opportunity, innovation, customer obsession, and speed of execution.”

For additional information about Wiz and its cloud security solutions, visit https://www.wiz.io.

Source: Wiz via Newswire