Silicon Republic November 21, 2024
Suhasini Srinivasaragavan

Wiz is placed ninth in this year’s Forbes Cloud 100 list, up six places since last year.

Cybersecurity provider Wiz has acquired Dazz, a specialist in security remediation and risk management.

The acquisition, reportedly valued at $450m according to TechCrunch, along with the launch of Wiz Code earlier this year – a tool to comprehensively address cloud security concerns – marks the start-up’s transition into a multi-product company, it said in the announcement today (21 November).

Wiz said that by integrating Dazz’s ability into its own, the start-up aims to simplify how its customers strengthen their security posture. Today’s acquisition marks the company’s third in a year – following Raftt, a cloud-based developer collaboration platform, and Gem Security, a cloud...

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Topics: Cybersecurity, Mergers & Acquisitions / JV, Technology, Trends
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