Having just secured a $50 million Series B 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. Dazz’s latest round, a $50 million Series B, was secured 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.
