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Dazz aims to unify security remediation with AI-driven platform

Feature
Aug 01, 20243 mins
Network Security

Need to secure non-human entities, leaky clouds, and complex environments? The companies included in our network security startups to watch series have bold ideas.

network vulnerabilities
Credit: Gorodenkoff / Shutterstock

Having just secured $50 million in new funding round, Dazz is one of Network World’s 7 network security startups to watch for 2024. Its AI-driven platform combines security and vulnerability management with threat and exposure-management capabilities.

Dazz at a glance

  • Founded: 2021
  • What they do: Provide unified security remediation solutions
  • Funding: $110 million
  • Headquarters: Palo Alto, California
  • CEO: Merav Bahat
  • Competitors include: ArmorCode, Cycode, Konducto, OX Security, and Vulcan Cyber
  • Customers include: Abnormal Security and BHG Financial

Why Dazz is a startup to watch

Dazz is targeting a market – security and vulnerability management – that research firm MarketandMarkets forecasts will top $18 billion by 2026. Dazz’s Unified Remediation Platform gives CISOs holistic visibility across all their on-premises and cloud environments while also providing application security posture management (ASPM) and continuous threat and exposure management (CTEM) capabilities. Powered by AI and automation, Dazz’s platform helps security teams prioritize and fix vulnerabilities across their code, clouds, applications, containers, and infrastructure.

The startup is backed by $110 million in VC funding from Insight Partners, Greylock, Index Ventures, and Cyberstarts. That includes $50 million that was just announced in July 2024. The founding team has a strong security background. CEO and co-founder Merav Bahat previously served as GM of Microsoft’s Cloud Security line of business. CTO and co-founder Tomer Schwartz previously founded the Microsoft Security Response Center in Israel and co-founded Armis, an IoT security company. Yuval Ofir, co-founder and VP of R&D, previously headed R&D for Claroty, an IoT security company.