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Dazz Scores Hefty $50M Investment for AI-Powered Risk Remediation Tech

The new financing brings the total raised by Dazz to $110 million as investors double down on bets in the cloud security remediation space.

Dazz, an early stage startup with roots in Israel, has bagged a fresh $50 million investment as venture capital bets expand to companies in the AI-powered risk prioritization and remediation business.

The new financing brings the total raised by Dazz to $110 million as investors Greylock, Cyberstarts, Insight Partners and Index Ventures double down on a company building and marketing technology to automate cloud security remediation processes.

Dazz launched in 2021 with $50 million in funding and ambitious plans to transform legacy vulnerability management and remediation processes through AI, automation, and root-cause analysis technologies.

The technology is being pushed to security and engineering teams to help identify, prioritize, and quickly apply fixes in a developer-friendly workflow.

Dazz said its flagship Unified Remediation Platform provides CISOs with visibility across all detection tools and environments, including code, clouds, applications, and infrastructure.

The company is the brainchild of a team of Ex-Microsoft security engineers along with security leaders from Armis, Adallom and Claroty.

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Related: Investors Bet Big on Cloud Security Startups Ermetic, Dazz

Related: Fortinet Expands Cloud Portfolio with Lacework Acquisition

Related: Microsoft Bows to Pressure to Free Up Cloud Security Logs

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

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