Enterprise Weekly #507: Wiz'ing the Exit, Nvidia GTC, The Drafting Table, and more
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The sun is shining in NYC and M&A optimism abounds.
Google solidified that optimism with its $32B acquisition of Wiz, the 5-year old cloud security rocket ship. This is Google’s largest deal ever and the biggest of 2025 so far. Google’s cloud suite (GCP) is known to lag its peers, AWS and Azure, and this acquisition could give it a boost since security is a top concern and challenge for enterprises. There is skepticism about whether Wiz under Google’s wing will be able to maintain its dominance if it’s no longer cloud neutral and if fellow cloud competitors don’t play nicely. Regardless, as Kelley pointed out, Wiz built an incredible product and is a welcome change to the security industry.
In AI news, Nvidia hosted its GPU Technology Conference (GTC) that brought together developers, customers, and investors to hear what’s new in AI infrastructure. One of the main takeaways from the conference was that power-hungry reasoning models will drive more demand for chips, with CEO Jensen Huang saying “the amount of computation needed [for reasoning] is easily 100 times more than we thought we needed at this time last year.”
However, many enterprises like Hewlett Packard Enterprise and Ford Motor are comfortable running their AI jobs on older vintages of chips. While Nvidia unveiled new chips (Rubin and Feynman) which will succeed its current Blackwell generation, and believes price-performance is only getting better, it remains to be seen whether future workloads will actually require even more specialized hardware or if existing chips can be optimized to run these complex operations.
🎙️ Lastly, Jess is excited to launch her new podcast, The Drafting Table. While everyone talks about becoming a founder someday, almost no one discusses the tactical skills you need to master before making that leap. The Drafting Table is dedicated to uncovering the tactical skills and insights that have helped operators-turned-founders be successful. Give her first episode with David Politis, cofounder at BetterCloud (acq. by Vista Equity Partners) a listen here.
🗓️ Join more Work-Bench events:
March 25th: cofounders.nyc: Cofounder & Founding Engineer Hang - March Edition: Meet your next cofounder and founding engineer.
March 27th: Head of Data Breakfast: An intimate breakfast in NYC for data leaders to swap stories, share challenges, and more.
📚 Read more news:
TC: Rippling sues Deel, Deel denies ‘all legal wrongdoing,’ and Slack is the main witness
FT: Anthropic Set to Focus on Business Users in Search for New Revenues
Reuters: Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs
📚 Read more (th)reads:
Jessica Lin on the The Launch of Her New Podcast, The Drafting Table
Priyanka Somrah on Data Challenges across Mid-Market Companies
Kelley Mak on the Wiz Acquisition
Logan Bartlett on What's going on in the public and private technology markets
Company: Socure
Role: Senior Strategic Account Manager - Banking Clients
Technology: Risk OS for FSI
Funding: $646M from Work-Bench, Scale Venture Partners, Accel, Bain Capital Ventures, Tiger Global, and more
🌟 Company of the Week 🌟
Silicon Data raises $4.7M led by DRW and Jump Trading Group
Data / AI / Machine Learning • Seed • New York, NY
Founder: Carmen Li (CEO)
Knocknoc raises an Undisclosed Amount led by Decibel Partners and Others
Risk / Security • Seed • Sydney, Australia
PeopleIX raises $2.5M led by Earlybird-X
HR Tech • Pre-Seed • Cologne, Germany
Hunted Labs raises $3M led by Red Cell Partners
Risk / Security • Pre-Seed • Mclean, VA
Entegrata raises $4.5M led by Chicago Ventures
Future of Work • Seed • Indianapolis, IN
Silicon Data raises $4.7M led by DRW and Jump Trading Group
Data / AI / Machine Learning • Seed • New York, NY
Featherless.ai raises $5M led by Airbus Ventures
Data / AI / Machine Learning • Seed • Menlo Park, CA
Occuspace raises $6M led by Lewis & Clark Ventures
Future of Work • Series A • Westlake Village, CA
Orion Security raises $6M led by Pico Partners and FXP
Risk / Security • Seed • Tel Aviv, Israel
Spangle raises $6M led by Madrona Ventures and Streamlined Ventures
Sales / Marketing • Seed • San Francisco, CA
Tera AI raises $7.8M led by Felicis, Inovia and Others
Data / AI / Machine Learning • Seed • San Francisco, CA
Arcade.dev raises $12M led by Laude Ventures
Collaboration / Productivity • Seed • San Francisco, CA
VulnCheck raises $12M led by Ten Eleven Ventures
Risk / Security • Series A • Lexington, MA
Gradial raises $13M led by Madrona
Sales / Marketing • Series A • Seattle, WA
TurinTech raises $15M led by Oxford Capital
Infrastructure / Dev Tools • Series A • London, UK
Prezent raises $20M led by Greycroft
Collaboration / Productivity • Venture • Los Altos, CA
Augment raises $25M led by 8VC
Future of Work • Seed • San Francisco, CA
Buynomics raises $30M led by Forestay Capital
Sales / Marketing • Series B • Cologne, Germany
Graphite raises $52M led by Accel
Infrastructure / Dev Tools • Series B • New York, NY
Evroc raises $55M led by EQT Ventures, Giant Ventures and Others
Infrastructure / Dev Tools • Series A • Stockholm, Sweden
Carbon Arc raises $56M led by Liberty City Ventures
Data / AI / Machine Learning • Venture • New York, NY
Dataminr raises $85M led by NightDragon and HSBC
Risk / Security • Convertible Note • New York, NY
Factorial raises $120M led by General Catalyst
HR Tech • Debt Financing • Barcelona, Spain
Nerdio raises $500M led by General Atlantic
Infrastructure / Dev Tools • Private Equity • Chicago, IL
Nvidia acquires Gretel for $320M
Data / AI / Machine Learning • Acquisition • San Diego, CA
Google acquires Wiz for $32B
Risk / Security • Acquisition • New York, NY
Arize acquires Velvet for an Undisclosed Amount
Data / AI / Machine Learning • Acquisition • New York, NY
Varonis acquires Cyral for an Undisclosed Amount
Data / AI / Machine Learning • Acquisition • Milpitas, CA