M&A Deal Summary

Wiz Acquires Dazz

On November 21, 2024, Wiz acquired internet software and services company Dazz for 450M USD

Acquisition Highlights
  • This is Wiz’s 1st transaction in the Internet Software and Services sector.
  • This is Wiz’s largest (disclosed) transaction.
  • This is Wiz’s 2nd transaction in the United States.
  • This is Wiz’s 1st transaction in California.

M&A Deal Summary

Date 2024-11-21
Target Dazz
Sector Internet Software and Services
Buyer(s) Wiz
Deal Type Add-on Acquisition
Deal Value 450M USD

Target

Dazz

San Francisco, California, United States
Dazz is a company specializing in unified security remediation for code, clouds, applications, and infrastructure. Dazz is based in San Francisco, California.

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Buyer(S) 1

Buyer

Wiz

New York, New York, United States

Category Company
Founded 2020
Sector Information Technology
DESCRIPTION

Wiz is a new approach to cloud security that finds the most critical risks and infiltration vectors with complete coverage across the full stack of multi-cloud environments. Wiz was formed in 2020 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 2 of 2
Year (2024) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-13 Gem Security

New York, New York, United States

Gem Security is a provider of a cloud security platform purpose-built for security operations. Gem Security was founded in 2022 and is based in New York, New York.

Buy $350M