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Company pair · Security
VS

Arctic Wolf Networks vs Wiz: Valuation, Funding, Trajectory

Security Arctic Wolf Networks private Wiz acquired US-headquartered No Canborsa market

Arctic Wolf Networks vs Wiz: two of the better-known names in security, compared side by side.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
Arctic Wolf NetworksPRIVATE · US
WizACQUIRED · US
VS
Last valuation$4.3B$32B
Basis Post-money Tender
As ofJul 2021Mar 2026
Founded20122020
Employees≈2,000≈1,995
On CanborsaNo marketNo market
At a glance
$4.3B
Arctic Wolf NetworksPost-money, Series F · Jul 2021
$32B
WizTender, Acquisition by Alphabet · Mar 2026
An acquisition mark and a going-concern print stay on separate scales
Gap
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Arctic Wolf Networks vs Wiz — side by side

Field
Arctic Wolf NetworksPRIVATE · FOUNDED 2012
WizACQUIRED · FOUNDED 2020
VS
Last valuation
$4.3B Post-money
$32B Tender
Valuation date
19 Jul 2021
11 Mar 2026
Valuation basis
Post-money
Tender
Latest round
Series F
Acquisition by Alphabet
Round size
$150M
$32B
Named investors
Owl Rock Capital Insight Partners Viking Global Investors Lightspeed Venture Partners
Index Ventures Sequoia Capital Insight Partners Cyberstarts
Founded
2012
2020
Employees (est.)
≈2,000
≈1,995
Sector & HQ
Cybersecurity (managed detection and response / security operations platform) · 🇺🇸 US
Cloud security · 🇺🇸 US
Status & market
Private — no Canborsa market
Acquired — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $4.3B for Arctic Wolf Networks (post-money, Jul 2021) and $32B for Wiz (tender, Mar 2026).

Arctic Wolf Networks
$4.3BPost-money · Jul 2021
Wiz
$32BTender · Mar 2026
ARCTIC WOLF NETWORKS · $4.3B · JUL 2021WIZ · $32B · MAR 2026
Arctic Wolf Networks vs Wiz · what each company discloses

What each company discloses, and what it leaves out

Arctic Wolf NetworksPRIVATESecurity · US · 2012
+Last disclosed mark $4.3B — post-money, Jul 2021.
+Founded 2012 .
+≈2,000 employees.
+Latest round: Series F, $150M raised.
WizACQUIREDSecurity · US · 2020
+Last disclosed mark $32B — tender, Mar 2026.
+Founded 2020 .
+≈1,995 employees.
+Latest round: Acquisition by Alphabet, $32B raised, led by Alphabet Inc..
Verdict

Verdict

The $4.3B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$150Min Jul 2021.
A dated print: it moves only when a newer round is announced.
The $32B tells you…
What buyers paid for shares that already existed — existing shares changed hands in a tender.
The size of that transaction:$32Bin Mar 2026.
Existing shares moved between holders; the company's balance sheet stayed unchanged.

A post-money print and a tender print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are Arctic Wolf Networks and Wiz in the same sector?›

Arctic Wolf Networks operates in Cybersecurity (managed detection and response / security operations platform), and Wiz operates in Cloud security.

Which is worth more, Arctic Wolf Networks or Wiz?›

Arctic Wolf Networks was last valued at $4.3B in July 2021, and Wiz at $32B in March 2026.

Which investors backed Arctic Wolf Networks and Wiz?›

Arctic Wolf Networks' lead investors include Neuberger Berman and Viking Global Investors, and Wiz's include Google LLC.

How old are Arctic Wolf Networks and Wiz?›

Arctic Wolf Networks was founded in 2012, and Wiz was founded in 2020.

Is Arctic Wolf Networks or Wiz a public company?›

Arctic Wolf Networks' status is private; Wiz's status is acquired.

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