Dazz
-75%
est. 2Y upside i
Rank
#3751
Sector
Cybersecurity
Est. Liquidity
~3Y
Data Quality
Data: HighDazz was acquired by Wiz for $450M in November 2024, a price slightly above its last Series A valuation of ~$400M.
Last updated: March 10, 2026
The acquisition by Wiz for $450M, a price slightly above Dazz's last valuation of ~$400M, provided a strong exit for equity holders. This outcome, coupled with a reported $60M payout to employees, indicates a positive return for common stock holders, estimated at 12.5% nominal upside.
Dazz was acquired by Wiz for $450M, representing a modest premium over its last valuation. While providing a clear liquidity event, the high preference stack likely moderated the returns for common stock holders, resulting in an estimated 7.5% upside after investor preferences.
Despite the acquisition by Wiz at $450M, slightly above its last valuation, the significant liquidation preferences meant that common stock holders effectively broke even, seeing a 0% return on their equity after preferred investors were paid out.
Preference Stack Risk
moderateFunding Intensity
24%Dazz had $110M in total funding on a $450M acquisition price, resulting in a 24.4% funding intensity. Wiz, in turn, had raised $1.9B with a last known valuation of $12B, a 15.8% funding intensity. However, Wiz's acquisition by Google for $32B significantly exceeds its last valuation, mitigating preference stack risk for Wiz equity holders.
Dilution Risk
lowAs Dazz was acquired by Wiz, and Wiz is being acquired by Google, future dilution for Dazz or Wiz as independent entities is moot; future equity would be Google stock.
Secondary Liquidity
activeThe impending acquisition of Wiz by Google for $32B means Wiz equity will convert to highly liquid Google stock upon closing, providing active secondary liquidity.
Questions to Ask at the Interview
Strategic questions based on Dazz's data — designed to show you've done your homework.
- 1
“Given the acquisition by Wiz and the subsequent acquisition of Wiz by Google, how is Dazz's unified remediation platform being integrated into Google Cloud's broader security offerings, and what are the key synergies you anticipate?”
- 2
“With Dazz's AI-powered root-cause analysis now part of Wiz, how will the combined entity, under Google, differentiate itself further against established cloud security players like Palo Alto Networks and CrowdStrike?”
- 3
“Considering Wiz's acquisition by Google for $32B, what are the expectations for equity compensation for new hires joining the Dazz team (now part of Wiz), specifically regarding the type of equity (Google stock) and the anticipated timeline for receiving it post-acquisition close?”
Community
Valuation Sentiment
Our model estimates -75% upside. What do you think?
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.