# Mitiga Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mitiga-security

- Industry: IT Security/Cybersecurity
- Headquarters: New York, US
- Website: www.mitiga.io
- Total disclosed funding: $101M
- Latest round: Series B (Jan 21, 2025)
- Investors on record: 9

## About

Mitiga Security, Inc. operates in the cybersecurity domain, specializing in cloud threat detection and response solutions tailored for organizations facing evolving cyber threats.Founded in 2019, Mitiga Security, Inc. is based in New York, US, and provides advanced cybersecurity solutions focused on cloud environments. The founders include Tal Mozes, Ariel Parnes, Kobi Samboursky, and Ofer Maor. The company has raised a total of USD 24.14 mn through 8 funding deals, with the latest being a Series B round led by SYN Ventures on January 21, 2025, contributing to their total amount raised of USD 24.14 mn and a current valuation of USD 64.19 mn.Mitiga offers a comprehensive platform designed for cloud threat detection, investigation, and response, focusing on the complexities of cybersecurity in cloud environments. Their primary offering is an AI-powered Cloud Detection and Response (CDR) platform with over 1,000 detection rules, ensuring extensive visibility across Cloud, SaaS, and Identity infrastructures. The platform is advantageous for organizations struggling with traditional security tools and caters to a diverse client base across sectors such as financial services, healthcare, and technology in North America, Europe, and parts of Asia.Mitiga operates on a subscription-based revenue model, where clients pay for access to its cloud security solutions. The company focuses on B2B transactions, partnering with organizations to integrate their tools into existing security frameworks. Clients can choose from various pricing tiers tailored to their needs, with the CDR platform and its automated remediation capabilities being core to their offerings, generating revenue through annual subscriptions and multi-year agreements.Mitiga intends to utilize the recent funding of USD 24.14 mn from its Series B round to expand its presence in North America and Europe. The company is actively designing new products to enhance its cloud security capabilities, which are expected to launch in 2025. This strategic expansion will focus on increasing their market share and strengthening their service offerings in these key regions.

## Funding rounds

- Series B, Jan 21, 2025, $24M — Atlantic Bridge, Glilot Capital Partners, DNX Ventures, ClearSky Advisors LLC, Flint Capital, SYN Ventures
- Series A, Mar 14, 2023, $45M — Blackstone Group, Atlantic Bridge, DNX Ventures, ClearSky Advisors LLC, Samsung NEXT Ventures
- Series A, Jun 23, 2021, $25M — Atlantic Bridge, DNX Ventures, ClearSky Advisors LLC
- Seed, Jul 24, 2020, $7M — Glilot Capital Partners, DNX Ventures, ClearSky Advisors LLC, Flint Capital, Rain Capital
- Seed, Nov 1, 2019 — Glilot Capital Partners, ClearSky Advisors LLC

## Investors

- Glilot Capital Partners (https://capitalatlas.ai/funds/glilot-capital-partners) — Seed, Series B
- ClearSky Advisors LLC — Seed, Series A, Series B
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Seed, Series A, Series B
- Flint Capital (https://capitalatlas.ai/funds/flint-capital) — Seed, Series B
- Rain Capital (https://capitalatlas.ai/funds/rain-capital) — Seed
- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series A, Series B
- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series A
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A
- SYN Ventures (https://capitalatlas.ai/funds/syn-ventures) — Series B