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Former Microsoft Cloud Exec Scores Funding for Dazz Startup

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Dazz is a new cloud security remediation company that has raised $60 million in funding, made of $50 million Series A and $10 million undisclosed. The company is a startup founded by Merav Bahat, the former general manager of Microsoft Cloud Security.

Bahat, who also previously served as chief of Microsoft’s Israel R&D Center, will serve as CEO as Dazz. Speaking to VentureBeat, she says the company will launch its first product during the first quarter of 2022.

Dazz is an AI-focused platform that helps organizations handle misconfigurations in their cloud security. By using Dazz, companies can trace these misconfigurations and find vulnerabilities in their security setup.

This includes tracking issues to the developer that has the problem, finding the vulnerable code, and taking action on new code to stop future security gaps. AI automation provides the backbone of the Dazz experience, providing ways to remedy security problems efficiently and without massive load on developers.

Bahat says the new funding will provide the startup with the ability to expand its AI team and handle newer requests from its clients.

Funding

Dazz has already built a robust customer base that includes over a dozen organizations. More than half of them are Fortune 500 companies, so the platform is already enticing major customers despite being less than a year old.

In the latest funding round, investors included Greylock Partners, Cyberstarts, Insight Partners, and Index Ventures.

Bahat is not the only former-Microsoft alum that is working at Dazz. She brought with her Tomer Schwartz as co-founder, who was Microsoft’s founder of the Security Response Center in Israel. Schwartz is serving as chief technology officer at Dazz.

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Source Winbuzzer

Juliana Luwoye

The author Juliana Luwoye

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