Mitiga Raises $30 Million in Investment for Cloud and SaaS Threat Detection Platform

Mitiga, a leading threat detection, investigation, and response solution for Cloud and SaaS, has secured $30 million in investment to drive its exponential growth and expand its customer base through geographic expansion, new channels, and enhanced product capabilities. The company's growth strategy is supported by securing blue-chip customers such as Blackstone, ZoomInfo, and New American Funding.

SYN Ventures led the funding round with participation from existing investors including ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners. The new funding will facilitate Mitiga's expansion across the U.S. and Europe, including strengthening sales and marketing teams, enhancing its AI-driven platform, expanding Cloud and SaaS integrations, and establishing new strategic alliances.

Mitiga's innovative Cloud Security Platform has been recognized as an RSA Conference 2024 Innovation Sandbox Finalist. John Watters, Executive Chairman of Mitiga, emphasized the importance of the company's Cloud/SaaS TDIR Platform in addressing the evolving cybersecurity landscape and the heightened risk in the Cloud and SaaS domains.Mitiga's mission to protect organizations from the complex threats facing Cloud and SaaS data and applications aligns with the rising concerns of Cloud and SaaS breaches. 

Mitiga's comprehensive capabilities enable customers to detect, investigate, and respond to threats over 90 percent faster than traditional approaches. Customer testimonials from Blackstone and New American Funding underscore the value of Mitiga's platform in providing rapid threat detection and response assurance for Cloud infrastructure. Mitiga's platform equips SOC teams with panoramic visibility across clouds, identities, and SaaS, automation for accelerated investigations, and rich context for informed cloud threat detection, hunting, and incident response. 

Discover more about Mitiga funding here.