Mitiga Brings In $30M for Cloud and SaaS Protection Growth
bankinfosecuritySeries B Funding Round to Drive European Expansion, R&D and Automated Remediation Michael Novinson (MichaelNovinson) • January 21, 2025
A 2024 RSA Conference Innovation Sandbox finalist raised $30 million to detect, investigate and remediate cloud and SaaS-based cyberattacks more effectively.
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New York-based Mitiga said it will use the Series B money to expand its go-to-market strategy in Europe and invest in advanced technology such as automated remediation capabilities, according to co-founder and CEO Tal Mozes. He said Mitiga has differentiated itself from rivals through an extensive forensics data lake and a focus on holistic visibility to address the growing complexity of cloud-based attacks.
"It's an amount that gives us a run rate of a minimum of two years to get to the next goal," Mozes told Information Security Media Group. "We didn ...
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