Cloud Security Startup Wiz to Acquire Dazz in Risk Management Play

Dazzs remediation engine will boost risk management in Wizs cloud security portfolio.

Cloud security provider Wiz announced on Thursday that it has entered into a deal to acquire Dazz, a Israeli startup specializing in security remediation and risk management. This is Wizs third acquisition in 12 months, following Raftt and
Gem Security
.
Earlier this year Wiz launched Wiz Code, a cloud application security product that helps security and development teams identify and fix cloud risks directly in code before they become critical issues. Dazzs platform, which uses automation and artificial intelligence to identify, prioritize, and remediate vulnerabilities in cloud environments, will be integrated into Wiz Code.
Everything we do is rooted in customer need. Wiz has always been driven by a desire to help organizations actually improve their security posture — not just by reporting risks, but by prioritizing and resolving issues where it matters most, wrote Wiz CEO and founder Assaf Rappaport in the companys
blog post
announcing the deal. The combined companies plan to reinvent application security posture management and code-to-cloud remediation.
Wiz currently ingests data from Amazon Web Services, Azure, Google Cloud, and other cloud environments in order to scan applications, data, and network processes for security risk factors and show users where those risks exist. Wizs all-in-one platform offers organizations access to products for code security, container environment security, and supply chain security. Dazz will strengthen Wizs existing vulnerability remediation and prioritization tools.
Dazz aggregates millions of alerts from various detection tools, prioritizes critical vulnerabilities, and provides developers with clear, automated instructions on how and where in code to resolve issues. The combination of Dazz’s root-cause analysis and remediation engine and Wizs cloud detection capabilities will give organizations visibility from code to cloud, including misconfigurations, runtime vulnerabilities, and continuous integration/continuous delivery pipeline issues.
In today’s world, organizations must connect risks across the entire application life cycle — from code to cloud and on-prem infrastructure. They need tools that prioritize issues with precision and make collaboration effortless, Rappaport wrote. Their advanced mapping capabilities pinpoint root issues, enabling engineers to address vulnerabilities directly in the code while seamlessly integrating vital cloud context into security workflows.
While financial terms were not officially disclosed,
TechCrunch
reports the cash-and-share deal is worth $450 million. Earlier this year
Wiz raised $1 billion
for strategic acquisitions and rejected a $23 billion acquisition offer from Google.

Last News
▸ Some DLP Products Vulnerable to Security Holes ◂ Discovered: 23/12/2024 Category: security	▸ Scan suggests Heartbleed patches may not have been successful. ◂ Discovered: 23/12/2024 Category: security	▸ IoT Devices on Average Have 25 Vulnerabilities ◂ Discovered: 23/12/2024 Category: security

**Cyber Security Categories**
Google Dorks Database	Exploits Vulnerability	Exploit Shellcodes

CVE List

Tools/Apps

News/Aarticles

Phishing Database

Deepfake Detection

Trends/Statistics & Live Infos

Tags:
Cloud Security Startup Wiz to Acquire Dazz in Risk Management Play