Dazz
Cloud Security Remediation Platform
Company Overview
Snapshot
Founded in September 2020 by Merav Bahat, Tomer Schwartz, and Yuval Ofir, Dazz operates with 51–200 employees. The company raised a total of $110 million across 3 funding rounds from 5 investors. In November 2024, Dazz was acquired by Wiz, marking a significant exit for the cloud security remediation platform.
Business overview
Dazz specializes in cloud security, providing a platform designed to address vulnerabilities and mitigate risks within cloud development environments. Its core product automates and streamlines the process of fixing security vulnerabilities, identifying the appropriate personnel and necessary actions for remediation. While capable of automatic repairs, the system also discerns scenarios where manual intervention is more suitable. Dazz serves the enterprise and software development markets, operating within the Cyber Security and Cloud Security sectors.
Strategic signal
In November 2024, Dazz was acquired by Wiz for $450 million, a move that significantly strengthens Wiz's AI-driven cloud security capabilities. This acquisition signals a consolidation trend in the cybersecurity market, where larger players are integrating specialized AI-powered solutions to enhance their offerings and address the growing complexity of cloud security threats. For investors, this highlights the strategic value of innovative remediation technologies and the potential for substantial exits in the cloud security space.
Log in to access full profile ›Company Intelligence Q&A
- What was the most significant recent corporate development for Dazz?
- In November 2024, Dazz was acquired by Wiz for $450 million, integrating its AI-powered cloud security remediation platform into Wiz's offerings.
- When was Dazz founded and by whom?
- Dazz was founded in September 2020 by Merav Bahat, Tomer Schwartz, and Yuval Ofir.
- What is Dazz's primary focus in the cybersecurity market?
- Dazz focuses on cloud security remediation, developing an AI-powered platform to identify and fix vulnerabilities in cloud development environments.
- Which investors participated in Dazz's funding rounds?
- Dazz received funding from investors including Greylock and Insight Partners.
- What was a notable recognition Dazz received in 2024?
- In May 2024, Dazz was named a winner of a Global InfoSec Award during the RSA Conference 2024.