From left to right: Dazz founders Tomer Schwartz, CTO Merav Bahat, CEO Yuval Ofir, VP R&D Credit- Netanel Tobias
Dazz, an Israeli startup that offers AI-powered cloud security remediation, raised $50 million in a funding round co-led by Greylock and with continued support from Cyberstarts, Insight Partners, and Index Ventures. This investment will fuel Dazz’s mission to revolutionize risk prioritization and remediation through AI. With a total of $110 million in funding, the company will accelerate its growth and empower security and engineering teams to efficiently reduce vulnerabilities.
AI-powered cloud security remediation is revolutionizing how organizations address vulnerabilities and threats in their cloud environments. By leveraging advanced algorithms and machine learning, these solutions can significantly improve the speed, accuracy, and efficiency of remediation processes.
Founded in 2021, Dazz revolutionizes vulnerability management by slashing remediation time from weeks to hours. Its patented AI, automation, and root-cause analysis empower security and engineering teams to swiftly identify, prioritize, and eliminate threats. Dazzbaosts that the Dazz Unified Remediation Platform offers CISOs unparalleled visibility across all environments, accelerating issue resolution and dramatically reducing Mean Time to Remediate (MTTR).
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Dazz transforms legacy vulnerability management and remediation processes through patented AI, automation, and root-cause analysis technologies that enable security and engineering teams to identify, prioritize, and fix vulnerabilities in hours instead of weeks. The company’s Unified Remediation Platform provides CISOs with holistic visibility across all detection tools and environments, including code, clouds, applications, and infrastructure, and provides significant time savings for customers in researching security issues and reducing the Mean Time to Remediate (MTTR).
“In a world where security breaches occur on average every 11 seconds, the constant rise in AI-powered threats presents a prominent danger of more efficient and scalable attacks,” said Merav Bahat, Dazz Co-Founder and CEO. “At Dazz, we are experiencing remarkable business momentum, thanks to a critical market gap that Dazz uniquely addresses. The last year proved that our innovation and execution leads to unprecedented growth, which this new round of funding will accelerate. We are honored and excited to deepen our collaboration with the world’s top cyber investors, with their unwavering trust and support fueling our mission to simplify cloud remediation and help our customers harness the power of AI to prevent attacks.”
