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Miggo Security raises $17M in Series A funding led by SYN Ventures to enhance real-time application resilience against AI-driven attacks.

Apr 23, 20258 months ago

Amount Raised

$17 Million

Round Type

series a

Tel AvivSecurity

Investors

Yl VenturesSyn Ventures

Description

Miggo Security, a leader in application detection and response, announced a $17 million Series A funding round led by SYN Ventures. The investment aims to bolster Miggo's unique ADR platform that protects applications from vulnerabilities in real-time. Their approach empowers security teams to manage vulnerabilities without waiting for patch cycles. This financing will support Miggo's growth as a vital security solution for enterprises worldwide.

Company Information

Company

Miggo Security

Location

Tel Aviv, Tel-Aviv District, Israel

About

Miggo is the first Application Detection and Response (ADR) platform on a mission to stop application breaches. 80% of all cyber incidents happen in the application layer, however too many are being slipped by existing tools due to a blindspot to the actual application behavior. By using in-application runtime context, Miggo maps how applications actually operate in runtime, identifies high-risk application flows, pinpoints the weak spots, and provides real-time detection and response capabilities in the application layer.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech