Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Artificial Intelligence

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.

Advertisement. Scroll to continue reading.

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.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this live webinar as we explore why exploitation is outpacing remediation, where risk is growing fastest, and what security leaders can do to close the gap before attackers take advantage.

Register

CodeSecCon bridges the gap between dev and security. Discover best practices for secure coding, innovative risk-reduction tools, and safe AI integration to cultivate a true DevSecOps culture. Safely secure your apps!

Register

People on the Move

Assaf Keren, who previously served as CSO/CISO at Qualtrics and PayPal, is Meta's new CISO.

Jazz has named Sean Robinson, Rickie Goyal, Danielle Guetta, Shani Nago, and Lior Magram as VPs and Michael Calev as COO.

AJ Shipley has been appointed Chief Product Officer at CrowdStrike.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.