Commercial Counsel, Wiz
$207-285k
+ Equity plan
Cloud security company
Posted today
Cloud security company
501-1000 employees
Posted today
$207-285k
+ Equity plan
501-1000 employees
Company mission
To help organizations create secure cloud environments that accelerate their businesses.
Role
Who you are
- We are looking for a talented, creative, and data privacy-focused attorney who is passionate about working on sophisticated contracts and closing deals, and comfortable in a collaborative environment that minimizes hierarchy
- This job is for you if you thrive in a fast-paced environment where change is the status quo
- You should be dedicated to providing outstanding legal service, coordinating and working closely with other teams to close contracts, paying close attention to detail, and bringing sound and balanced legal and business judgment and constructive people skills to everything you do
- You should have a keen interest in learning about Wiz and what we do
- 6+ years of in-house experience is required, technology company experience is preferred (law firm experience, partnered with in-house experience will also be considered)
- Knowledge of data privacy and experienced handling and dealing with data privacy related questions when negotiating Data Processing Agreements is required
- Admitted to the bar and in good standing or otherwise authorized to practice law in at least one U.S. state, with a demonstrated record of success as a lawyer
- Strong “business-friendly” style that comes with an understanding that the legal team’s primary purpose is to support the growth and success of the business
- Ability to structure, draft and negotiate a high volume and broad range of contracts, including SAAS contracts, professional services agreement, partner agreements and NDAs
- Strong communication skills, both written and verbal, and the ability to advocate for a position while maintaining a collaborative and open-minded approach
- Ability to work independently on a remote basis and as a member of a team
- Experience with Salesforce, Slack, DocuSign, and contract lifecycle management systems
What the job involves
- This is an exciting opportunity to join a fun, supportive and high-functioning legal team near the start of our growth curve as we expand our legal team in the U.S
- Be a legal business partner to Wiz’s revenue teams summarizing and communicating legal concepts and risks in a way that is meaningful for business teams
- Take ownership of the drafting, review, negotiation, and management of a wide range of legal agreements. Advise your fellow Wizards on contract interpretation and negotiation to accelerate contract velocity
- Seek to understand the context of the positions of Wiz’s customers and the requests from Wiz’s internal clients, and strive to solve problems and address issues from their perspective
- Triage a heavy workflow, setting appropriate priorities with internal clients and delivering results efficiently
- Support the continuous improvement of agreement templates and legal processes, and work within CPQ and CLM platforms and associated practices and procedures
- Manage agreements that comply with company policies and risk tolerance
Our take
Originally founded in Israel – a hotbed for rapid growth cybersecurity companies of late – Wiz hit the headlines when it became the world’s fastest growing software company in Summer 2022. Incredibly, the company clocked up $180 million in annual recurring revenue in under two years since launching its first product, boasting major customers like Salesforce, Slack, BMW, and Asos.
It’s impressive enough that the startup was able to attract hundreds of millions in investment so early in its lifespan, but the fact that it was co-founded by a team of former Microsoft executives no doubt helped on this front. However, to generate this kind of revenue so soon is extremely rare.
The company has fueled its growth with aggressive hiring and product expansion, adding modules for Container and Kubernetes security, DSPM, and CDR - enabling organizations to further consolidate their cloud security program into a single, fully comprehensive platform.
Following its early 2023 Series D funding round, the company has reached a $10 billion valuation, officially making it the world's largest cybersecurity unicorn and it is the fastest SaaS company to achieve such a valuation.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
May 2024
$1bn
SERIES E
Feb 2023
$300m
SERIES D
Total funding: $1.9bn
Company HQ
Chelsea, New York, NY
Leadership
Assaf Rappaport
(CEO)Previously co-founded and was CEO of security SaaS Adallom (acquired by Microsoft in 2015). Subsequently spent four years at Microsoft as a General Manager, first of Cloud Security, then R&D Israel.
Ami Luttwak
(CTO)Was the co-founding CTO of Adallom, next joining Microsoft as CTO of the Cloud Security Group, before becoming CTO of R&D Israel.
Yinon Costica
(VP of Product)Was also Adallom's VP of Product. Joined Microsoft as Partner Director of Product Management, Cloud Security after its acquisition of Adallom.
Roy Reznik
(VP of R&D)Is also the Co-founder & Master Distiller at Kataro Distillery. Before this they worked as Principal R&D Group Manager for Microsoft, joining the company from Adallom whom they co-founded.
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