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, was acquired by Israeli cyber unicorn Wiz. While the terms of the deal were not disclosed, the Israeli financial publication Calcalist said it could be worth as much as $450 million.
Dazz’s platform will enhance Wiz Code, a powerful tool that helps developers and security teams work together to build more secure software. By identifying and addressing vulnerabilities early in the development process, Wiz Code helps teams deliver secure applications faster, protecting both the business and its customers.
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.
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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).
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).
“We’re entering an exciting new chapter: revolutionizing remediation and application security. And there’s no better partner for this journey than Dazz,’ said Wizz Co-Founder & CEO Assaf Rappaport in a blog post. “With Dazz’s industry-leading remediation engine, we can empower security teams to correlate data from multiple sources and manage application risks in one unified platform. Their advanced mapping capabilities pinpoint root issues, enabling engineers to address vulnerabilities directly in the code while seamlessly integrating vital cloud context into security workflows.”
“Dazz’s ability to correlate, contextualize, and streamline remediation has made it a leader in Application Security Posture Management (ASPM),” he added. “I’m thrilled to see how their technology will accelerate our customers’ ability to resolve risks at the source.”
