Panther Labs vs Wiz
Side-by-side comparison of AI visibility scores, market position, and capabilities
Panther Labs is a $1.4B cloud-native SIEM unicorn; raised $140M from Coatue and ICONIQ; detection-as-code architecture serves Snowflake, Dropbox, Zapier, and Snyk as of 2025.
About
Panther Labs is a San Francisco-based cybersecurity company founded in 2018 by Jack Naglieri that built a cloud-native Security Information and Event Management (SIEM) platform designed for modern, high-velocity engineering environments. Traditional SIEMs like Splunk and IBM QRadar struggle with scale, cost, and the pace of cloud-native infrastructure — Panther addresses this with a serverless, detection-as-code architecture built on a high-performance data lake.
Cloud security platform acquired by Google (NASDAQ: GOOGL) for $32B in March 2025 — cybersecurity's largest-ever acquisition; grew from $0 to $500M ARR in 4 years with agentless Security Graph competing with Orca.
About
Wiz is a New York-based cloud security platform — acquired by Alphabet/Google (NASDAQ: GOOGL) in a $32 billion deal announced in March 2025 (the largest cybersecurity acquisition in history) — that had raised $900 million at a $12 billion valuation from Andreessen Horowitz, Lightspeed, Sequoia, and Index Ventures before the acquisition. Founded in 2020 by Assaf Rappaport and four co-founders (former Unit 8200 cyber intelligence officers and Microsoft Azure security alumni), Wiz grew from $0 to $500 million ARR in four years — the fastest SaaS company to reach $500M ARR in history — by providing agentless cloud security visibility across AWS, Azure, GCP, and Kubernetes.
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