202417 Apr

Miggo Security Raises $7.5M in Seed Funding

Summary

Miggo Security, a Tel Aviv, Israel-based cybersecurity startup providing an application detection and response (ADR) platform, raised $7.5M in Seed funding. The round was led by YL Ventures with the participation of CCL (Cyber Club London), cybersecurity leaders from Elastic and Everon and former CISOs of Google, Zscaler and Nike. The company intends to use the funds to expand operations and its development efforts. Led by Daniel Shechter, CEO and co-founder, and Itai Goldman, CTO and co-founder, Miggo provides a tech platform that precisely discovers and maps the architecture of distributed applications to establish behavioral baselines and monitor for deviations from intended design or code execution flows. Leveraging live in-application context, the solution determines if a deviation indicates that the application is exploitable, under active exploitation or backdoored, and initiates targeted mitigations to contain breaches by pinpointing the offender and affected areas to recommend precise remediation strategies.

Source: Finsmes

Funding

$7.5M
Amount
Apr 17 2024
Date
-
Investor
Miggo Security
Company

Classifications

Companies