April 24, 2024, 1 p.m. | Aaron Holmes

The Information www.theinformation.com

As companies lose faith in the effectiveness of cybersecurity software and reexamine or rein in their spending on it, startups that sell that type of software have struggled to grow. Many of them will have little choice but to look for a buyout, some of their shareholders say, despite having raised record amounts of capital during the pandemic-fueled startup boom.


In the latest example, The Information reported on Thursday that cloud security startup Wiz made an offer to acquire its …

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