Samsung Next backs Mitiga in Series A raise


Mitiga, a cloud and SaaS incident response firm, has raised an undisclosed amount in a Series A funding round.

The round was led by ClearSky Security and saw participation from Samsung Next, Atlantic Bridge, DNX and Blackstone.

Mitiga claims its modern approach offers cloud-driven companies a new level of cyber and organizational resilience. By enabling ongoing readiness and compressing the investigation time from weeks or months to hours, Migita’s solution reduces incident-related damage and gets customers back to business fast.

Mitiga will use the investment to accelerate its growth, helping to meet the high demand for cloud incident response services from the overwhelming number of organizations that now rely on cloud and SaaS environments.

Mitiga CEO and co-founder Tal Mozes said, “When we founded Mitiga, we had one goal in mind—to help organizations accelerate their responses to the rising tide of cloud and SaaS attacks. We knew we could do it better than traditional incident response (IR) solutions because they’re reactive by nature and tremendously time-consuming.

“Our proactive and automated approach enables organizations that experience cloud and SaaS breaches to respond immediately and recover faster than any other solution on the market. We are thrilled to include Samsung Next as one of our investors and look forward to our next growth phase in 2023 and beyond.”

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