Init Intelligence Atlas

Assaf Rappaport

2 min read

Assaf Rappaport

Israeli cybersecurity entrepreneur — Co-Founder & CEO of Wiz, the cloud/AI security company Google completed acquiring for ~$32B on March 11, 2026 (Wiz now sits inside Google Cloud, retaining its brand, with Rappaport staying on as CEO).

Snapshot

  • Now: Co-Founder & CEO, Wiz (a Google Cloud company since 2026-03-11). Also co-runs the Wiz-founders family office (~$7–8B, Israeli-cyber-skewed) formed to manage exit proceeds.
  • Archetype (for init): Signal / Brand — apex security founder, huge name/halo; deep AI + cyber/infra network.
  • Warm path: Ryan Carlson — Ryan was Chief Marketing & Strategy Officer at Wiz (Jan 2022–Sep 2023), reporting to Assaf.

Why an init.inc angel target

  • Apex security founder + halo. Wiz is the largest cybersecurity acquisition ever (~$32B, biggest exit in Israeli history); his name on a cap table is pure signal.
  • Deep AI/security/infra network spanning Israeli cyber, Google Cloud, and US enterprise — exactly the buyer/founder graph init wants near it.
  • Genuinely prolific angel (25K typical) in cyber/infra/enterprise — the check size maps cleanly to a strategic-angel slot if he engages.

Conflict screen

  • Clean. No init-competitor (Moveworks, Aisera, Atomicwork, Leena AI, Serval, etc.) surfaced in his angel portfolio — investments skew enterprise/cyber/infra (UnifyApps, Ocean, Eureka exit). Being a security founder is career history, not a conflict.

Background

  • Wiz (2020–present): co-founded with Yinon Costica, Ami Luttwak, Roy Reznik; CEO. Google acquisition closed 2026-03-11 (~29.5B after purchase-price adjustments per Alphabet’s SEC filing). Wiz remains multicloud (AWS/Azure/OCI) under Google Cloud.
  • Adallom (2012–2015): co-founded the CASB startup with Luttwak and Reznik; acquired by Microsoft (~$320M, July 2015).
  • Microsoft (2015–2019): head of Microsoft’s Israel R&D Center (~1,500 people) and GM of the Cloud Security Group (Azure).
  • Angel investing: ~19 investments per CBInsights (latest: Ocean, Series A, May 2026); check band 50K (Signal/NFX); also Founding LP/IC member at Mensch Capital Partners and a member of Cyberstarts.
  • Family office: the four Wiz founders (~7–8B) skewed to Israeli cyber — a reason a US AI-ITSM seed angel check is a long shot, even though the halo would be outsized if he did. ^[single-source]

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