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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