Mitiga, a NYC-based Cloud and SaaS security startup, raised $30M in Series B Funding.
The round was led by SYN Ventures.
The company intends to use the funds to expand its presence in North America and Europe.
Led by John Watters, and Tal Mozes, Mitiga provides a solution for SaaS and cloud threat detection, investigation, and response (TDIR): built by investigators, for investigators. It delivers capabilities that enterprises have been missing, equipping SOC teams with panoramic visibility across clouds, identities, and SaaS, automation that speeds investigations, and rich context that informs cloud threat detection, hunting, and incident response. With its platform and managed services, security teams can zero in on modern threats at cloud speed and scale to minimize impact and optimise resiliency.
The company has also made two appointments to bolster its team:
- John Watters has been appointed Executive Chairman and brings over 30 years’ experience in cybersecurity, building companies and leading M&A. He was previously President and COO of Mandiant, which was acquired by Google for $5.4 Billion. Today, he is a Venture Partner at SYN Ventures, which specializes in cybersecurity investments. He was previously Chairman and CEO of iDEFENSE (Acquired by Verisign), then iSIGHT Partners (Acquired by FireEye), Lead Investor and Board member of Archer Technologies (Acquired by RSA) and Chairman of Netwitness (Acquired by RSA).
- Robert Rodriguez, Chairman and Founder of SINET and Venture Partner at SYN Ventures has also joined the Board of Directors. He is a venture capital investor and will provide advice based on his experience of growing cybersecurity companies into global marketplaces. Previously, Mr. Rodriguez served 22 years as a Special Agent with the United States Secret Service where he held numerous executive leadership positions within the presidential protection detail, protective intelligence, inspection, criminal investigation division, and the counter assault team (CAT).
FinSMEs
21/01/2025