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Home Science & Technology Startup Nation Tech Bits

Israeli-founded cloud security startup Mitiga raises $25M in Series A

by  Noga Martin/ILH Startup Editor
Published on  06-23-2021 14:36
Last modified: 06-23-2021 14:36
Israeli-founded cloud security startup Mitiga raises $25M in Series AOmer Hacohen

Mitiga's Israeli team | Courtesy: Omer Hacohen

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Mitiga, the first cloud-based solution for Incident Readiness and Response in cloud and hybrid environments, has raised $25 million in Series A funding, bringing total funding to $32 million, the company announced Wednesday.

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By preparing responses ahead of an attack, Mitiga customers are able to return to operational normalcy in hours instead of days or weeks, as is the case using traditional, services-based incident response techniques.

Mitiga's funding was led by ClearSky Security, Atlantic Bridge and DNX. The funding will be used to address the changing mindset for security obsessed enterprise organizations when it comes to incident readiness and response in their ever-growing cloud and hybrid environments.

"We have seen firsthand how demoralizing and detrimental slow responses are to cyberattacks," said Tal Mozes, co-founder and CEO of Mitiga. "The cloud represents new challenges for incident readiness and response and we're bringing the industry's first incident response solution in the cloud, for the cloud. This funding will allow us to further our engagements with heads of enterprise security who are looking to recover from an incident in real-time, attract even more of the most innovative cybersecurity minds in the industry, and expand our partner network. I couldn't be more excited about what Mitiga is going to do for cloud-first organizations who understand the importance of cybersecurity readiness and response."

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