Raftt sues Wiz for NIS 200m, alleges ‘phantom’ acquisition, misuse of tech as Google deal nears

February 10, 2026 - 18:36

A significant legal battle has erupted in Israel's tech sector, with startup Raftt filing a NIS 200 million lawsuit against cloud security giant Wiz. The explosive allegations center on what Raftt describes as a "phantom" acquisition, claiming Wiz engaged in negotiations to acquire the company only to later abandon the deal while allegedly misusing its proprietary technology.

According to the suit, Wiz conducted extensive due diligence over several months, gaining deep access to Raftt's confidential development environment technology and business plans. Raftt contends that Wiz ultimately walked away from the acquisition, but not before integrating key concepts and methodologies from Raftt's platform into its own products. The lawsuit asserts claims of bad faith negotiations, misappropriation of trade secrets, and unjust enrichment.

The timing of the legal action is notable, as it coincides with Wiz's pending, landmark acquisition by Google. That monumental deal, valued at $32 billion, was announced in March 2025 and is currently undergoing regulatory scrutiny. The allegations from a domestic competitor introduce a complex new narrative as Wiz moves toward joining one of the world's largest technology conglomerates. The case underscores the fiercely competitive and high-stakes nature of the cloud security industry.