Wiz Acquires Dazz to Enhance Cloud Security Strategy

Cloud security leader Wiz has acquired Dazz, a startup specializing in Unified Security Remediation and ASPM. This acquisition is strategic for Wiz, complementing the recent launch of Wiz Code, and signaling its evolution into a multi-product company. By incorporating Dazz's advanced capabilities, Wiz aims to offer enhanced risk prioritization and remediation solutions for its customers.

Dazz, founded in 2021, has significantly impacted vulnerability and risk management through AI and automation. The platform enables quick identification and resolution of vulnerabilities, which boosts cooperation between security and developer teams. Dazz has shown remarkable business growth with a 500% year-over-year increase in ARR.

Wiz, having previously acquired Raftt and Gem Security, continues to strengthen its position in cloud security. With over $1.9 billion in funding and a robust customer base including 45% of the Fortune 100, Wiz is committed to delivering comprehensive security solutions. The integration of Dazz is a pivotal step towards achieving this objective.