Last July, the Israeli cybersecurity company Orca Security File a lawsuit against WizShe is also Israeli. Orca demanded that Wiz stop selling its products, which Orca claimed infringed its patents, and also demanded financial compensation for their use. Orca also alleged that along with copying its technology, Wiz copied its marketing materials, and employed the same attorney who filed its patents. “Wiz has built its business on a simple business plan: copy the Orca,” the statement of claim reads.
Related articles
Orca Security claims that Wiz copied its technology
Israeli cloud security company Wiz raises $1 billion at a $12 billion valuation
Wiz launches new technology for cloud data security
The Delaware District Court required Wiz to produce relevant internal technical documents describing the design of its product, but denied Orca's request that Wiz produce other technical documents for, among other things, the source code for its cloud platform. The court denied Weese's motion to dismiss the case.
Every company must discover documents to a court-appointed expert. The content of the documents will not be made public. The case is scheduled to be heard by a jury on December 7, 2025.
Both companies work in the same field: agentless data security in the cloud, an approach that makes cloud security simpler.
Orca Security was founded in 2019 by a group of former Check Point (Nasdaq: CHKP) employees, headed by Avi Chua, Check Point's former chief technologist, who served as Orca's CEO until last year, when he was replaced by co-founder. Jill Giron. Wiz was founded a year later, by former Microsoft employees, including Assaf Rappaport, Amy Luttwak, Roy Reznick, and Winon Kostica. This month, Waze completed the largest funding round ever by an Israeli private company, raising $1 billion at a valuation of $12 billion.
Published by Globes, Israel Business News – en.globes.co.il – on May 26, 2024.
© Copyright Globes Publisher Itonut (1983) Ltd., 2024.
