Dazz
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Dazz was a Palo Alto-based cloud security startup founded in 2021 by former Microsoft security engineers Merav Bahat, Tomer Schwartz and Yuval Ofek. It built a unified security remediation platform that used AI, automation and root-cause analysis to help organizations find and fix vulnerabilities in hours rather than weeks. The company raised $110 million in total venture funding from investors including Greylock, Cyberstarts, Insight Partners and Index Ventures, and reported over eight billion vulnerabilities managed with 500% year-on-year ARR growth in 2024.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Dazz was founded in 2021 by former Microsoft security engineers Merav Bahat, Tomer Schwartz and Yuval Ofek, modernising traditional vulnerability and risk management.
- Funding
Dazz raised $110 million in total venture funding, including a $50 million round in July 2024 from existing investors that valued the company at $400 million.
- Acquired by Wiz
In November 2024, cloud security company Wiz announced it was acquiring Dazz for an estimated $450 million in cash and Wiz shares, integrating its remediation platform into Wiz Code.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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