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Mitiga raised $38M in Series A funding led by ClearSky to enhance Cyber Security Operation Centers capabilities for cloud and SaaS applications.

May 05, 2024over 1 year ago

Amount Raised

$38 Million

Round Type

series a

New York

Investors

CiscoDnxAtlantic BridgeBlackstoneSamsung NextGlilot Capital PartnersClear Sky

Description

Mitiga, an Israeli cybersecurity startup, raised a total of $45 million since its inception, with $38 million in Series A funding completed in early 2023. The funding rounds helped drive product innovation, expand customer base, platform capabilities, and workforce.

Company Information

Company

Mitiga

Location

New York, New York, United States

About

Mitiga’s cloud-oriented technology platform and its dynamic-readiness approach enable customers not only to rapidly complete the investigation, response, and recovery stages when a cloud security incident occurs, but also to increase their resiliency for a future attack. Mitiga Cloud Incident Response gets you back to business-as-usual right away. In the middle of an incident you need situational awareness, transparency in communications, and fast results. Mitiga provides quick and rapid recovery from any type of cyber breach. Mitiga Cloud Incident Readiness uses technology and services to build the cybersecurity resiliency of an organization. This prevents a breach from becoming a crisis, helping business continue as usual. During an active incident, subscribers to Mitiga Incident Readiness have unlimited active Incident Response.

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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