Fundz

Mimic secures $27M seed round led by Ballistic Ventures, Menlo Ventures, Team8, Wing Venture Capital, and Shield Capital

PRIVATEMay 02, 2024

Amount Raised

$27 Million

Round Type

Seed

Palo AltoArtificial IntelligenceSecurityCyber SecurityRobotics

Investors

Shield CapitalWing Venture CapitalTeam8Menlo VenturesBallistic Ventures

Description

Ransomware defense company Mimic has emerged from stealth and revealed a $27 million seed round led by Ballistic Ventures, with participation from Menlo Ventures, Team8, Wing Venture Capital, and Shield Capital. The funding will be used to further develop Mimic's SaaS platform, which provides enterprises with advanced protection against ransomware attacks.

Quick answer

Mimic raised $27 Million in a Seed round, dated May 2, 2024. Investors: Shield Capital, Wing Venture Capital, Team8, Menlo Ventures and Ballistic Ventures. Mimic is based in Palo Alto, California, United States.

How much did Mimic raise?
Mimic raised $27 Million in a Seed round on May 2, 2024.
Who invested in Mimic?
Shield Capital, Wing Venture Capital, Team8, Menlo Ventures and Ballistic Ventures are named as investors in this round.
What does Mimic do?
Mimic’s SaaS platform provides enterprises with detection, deflection, and rapid recovery from ransomware attacks.
Where is Mimic based and how big is it?
Mimic is based in Palo Alto, California, United States. Fundz records about 72 employees.
Who are the decision-makers at Mimic?
Fundz holds 4 contacts at Mimic. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Mimic that raised within 45 days of this round, from Fundz verified event records.

  • Gorilla Technology Group raised $25M (Series B) on June 12, 2024.
  • Bolster raised $14M (Funding Round) on May 22, 2024.
  • XTEND raised $40M (Series B) on May 8, 2024.
  • Dropzone AI raised $17M (Series A) on April 25, 2024.
  • Prophet Security raised $11M (Seed) on April 23, 2024.
  • Vorlon raised $16M (Series A) on April 17, 2024.

Who to call at Mimic, and when

A new round usually means Mimic is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Mimic raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Mimic, from your own LinkedIn network

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Company Information

Company

Mimic

Location

Palo Alto, California, United States

About

Mimic’s SaaS platform provides enterprises with detection, deflection, and rapid recovery from ransomware attacks. Our technology detects ransomware much earlier and with greater accuracy than other defenses which enables us to deflect attacks before damage is done or data is stolen.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Mimic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
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