Israeli cloud security solutions provider Mitiga has raised a $45M Series A round led by ClearSky Security, bringing its total raised to over $100M.
Mitiga
specializes in a subscription-based service that provides resilience
for an organization’s cloud infrastructure and SaaS.
- Mitiga plans to use its fresh funds to increase its headcount and advance product development.
- The
company’s cloud security solutions include Incident Readiness and
Resilience, Incident Response Assessments, and Emergency Incident
Response.
- Mitiga’s
Forensic Data Lake is said to leverage cloud forensics data to
investigate possible cloud threats by storing forensics data from
various clouds and SaaS.
- According to the company website,
Mitiga’s cloud security service contains an automated threat hunt
feature that uses the company’s Cloud Attack Scenario Library to
consistently track cloud attacks.
- A
growing number of public and private sector organizations are investing
in cloud security solutions to improve their security posture and
prevent costly attacks. Data from Insight Partners reveals that the global market for cloud security could grow from $48.57B in 2022 to $116.25B in 2028.