Mitiga, a cloud and SaaS incident response solution provider based in Tel Aviv, Israel, has successfully raised $45 million in a Series A funding round. The investment was led by ClearSky Security, with participation from Samsung Next and existing investors Blackstone, Atlantic Bridge, and DNX.
The funds will be utilized to accelerate Mitiga’s growth and cater to the increasing demand for cloud incident response services. Mitiga’s objective is to help organizations quickly respond to cloud and SaaS attacks through its proactive and automated approach. The company’s CEO and co-founder, Tal Mozes, stated that traditional incident response solutions are reactive by nature and take a lot of time. In contrast, Mitiga’s solution enables organizations to respond immediately and recover faster than any other solution available.
Mitiga’s modern approach provides cloud-driven companies with a new level of cyber and organizational resilience by minimizing incident-related damage and speeding up customer return to business. The company’s solution enables ongoing readiness and reduces investigation time from weeks or months to hours. Mitiga’s technology provides a map of investigative paths within the network, allowing all preliminary investigative work to be done automatically in the event of an incident. This feature allows businesses to improve breach readiness and reduce response time.
Mitiga’s cloud-based solution for incident readiness and response in cloud and hybrid environments offers businesses an efficient and effective way to mitigate cyber breaches. Mitiga dramatically accelerates investigation, response, and time to recovery for cloud and SaaS environments, lowers the impact of cyber breaches, and optimizes cloud security incident readiness and resilience.
Mitiga’s solution minimizes incident-related damage and speeds up customer return to business by enabling ongoing readiness. The company’s technology optimizes cloud security incident readiness and resilience, which is crucial for cloud-driven companies.
