Mitiga Valuation, Funding & Investors
Mitiga is valued at $100M as of March 2023.
Last Mitiga valuation
$100M
Series A · Mar 2023
Last Mitiga funding round
$30M
Series B · Jan 2025
Cumulative funding Mitiga raised
$107M
across 4 funding rounds
Key investors in Mitiga
DNX Ventures
ClearSky
Atlantic Bridge
Blackstone
Glilot Capital Partners
Flint Capital
About Mitiga
Mitiga is a cloud detection and response platform providing visibility across identity, cloud infrastructure, SaaS, and AI environments. Built by incident responders, it accelerates threat detection, containment, and resolution for Fortune 500 enterprises with forensic log retention and investigation tools.
Founded
2020
HQ
Tel AvivWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$100M (Mar 2023)
Mitiga Valuation
Mitiga is currently valued at $100M, based on its Series A in March 2023. Read the announcement ↗
The $45M round was led by ClearSky, with participation from Samsung NEXT, Blackstone, DNX Ventures and Atlantic Bridge.
Mitiga valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2023 | Series A | $100M |
Mitiga Funding History
Mitiga has raised a total of $107M across 4 funding rounds.
Mitiga's first fundraising round was a $7M seed round in July 2020. The most recent completed round was a $30M Series B in January 2025.
Mitiga funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2025 | Series B | SYN Ventures (lead); DNX Ventures; Flint Capital; Atlantic Bridge; ClearSky; Glilot Capital Partners | $30M | - | Mitiga is a Tel Aviv-based cybersecurity company providing threat detection, investigation, and response solutions for cloud and SaaS environments. Its IR2 platform offers continuous hunts for attacks using a cloud attack scenario library, providing forensic-level data analysis for rapid breach response. The company serves blue-chip customers including Blackstone, ZoomInfo, and New American Funding, and was a finalist in the RSA Conference Sandbox innovation competition. On January 21, 2025, Mitiga closed a $30 million Series B funding round led by SYN Ventures, with participation from existing investors ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners. This brings total funding to approximately $75-78 million across seed, Series A ($25M in 2021), and this Series B. Proceeds will expand sales and marketing in North America and Europe, enhance the AI-driven platform, integrate more cloud/SaaS solutions, and form strategic alliances. The round coincides with strong growth, including doubled sales rate from early 2024 and consecutive years of customer/revenue increases, enabling hires like John Watters (ex-Mandiant president/COO) as executive chairman and Robert Rodriguez (SYN Ventures/SINET) as board director. Mitiga positions itself against evolving cloud threats, emphasizing subscription-based incident readiness over traditional response. |
| Mar 2023 | Series A | ClearSky (lead); Samsung NEXT; Blackstone; DNX Ventures; Atlantic Bridge | $45M | $100M | Mitiga Security Inc. is an Israeli cloud and SaaS incident response solution provider that specializes in automating and accelerating incident readiness for organizations facing cloud and hybrid environment security breaches. The company's platform compresses investigation time from weeks or months to hours by leveraging forensic automation capabilities, including a proprietary 'forensics as code' module that enables security teams to extend their capabilities without extensive hiring. On March 14, 2023, Mitiga closed a $45 million Series A funding round led by ClearSky Security, with participation from Samsung Next, Blackstone, Atlantic Bridge, and DNX Ventures. The round valued the company at over $100 million post-money. Mitiga had previously raised $25 million in Series A funding in June 2021, bringing total funding to $45 million. The company planned to deploy the capital toward product development and workforce expansion from its 56-person baseline. Mitiga's management declined to disclose specific revenue figures or customer counts at the time of the round, citing competitive considerations. However, the CEO expressed confidence in the company's growth trajectory and stated that the firm was well-positioned to operate for years without additional capital. The broader cloud security market was projected to grow from $48.57 billion in 2022 to $116.25 billion in 2028, positioning Mitiga within a high-growth vertical. |
| Jun 2021 | Series A | Atlantic Bridge (lead); ClearSky (lead); DNX Ventures (lead); Blackstone | $25M | - | Mitiga raised a USD 25 million Series A round, announced on 23 June 2021, led by ClearSky Security, Atlantic Bridge and DNX Ventures, bringing total funding to USD 32 million after a USD 7 million seed round a year earlier. The proceeds were earmarked for expanding engagements with enterprise security teams, hiring security talent, growing engineering, sales and marketing, and broadening the partner network. Mitiga is an Israeli cybersecurity company founded in 2019 by Tal Mozes, Ofer Maor and Ariel Parnes, with offices in Tel Aviv and New York. It sells a subscription cloud-based incident readiness and response service that automates detection, investigation, data collection and remediation in cloud and hybrid environments, cutting recovery time from days to hours. Customers include Fortune 1000 companies, financial institutions, banks and government agencies, and it also provides emergency response for ransomware and data breaches to non-subscribers. The company later extended its Series A in 2023 and raised a USD 30 million Series B in January 2025 led by SYN Ventures. |
| Jul 2020 | Seed | ClearSky (lead); Julian Levy; Rain Capital; DNX Ventures; Flint Capital; Glilot Capital Partners | $7M | - | Mitiga, an Israeli cybersecurity startup founded in 2019, develops cloud-based solutions for incident readiness and response in cloud and hybrid environments. The company raised $7 million in a seed round in July 2020 led by ClearSky, with participation from DNX Ventures, Flint Capital, Glilot Capital Partners, Julian Levy, and Rain Capital. This funding kicked off the development of Mitiga's cybersecurity solutions. Following the seed round, Mitiga continued raising capital, including a $25 million Series A in July 2021 led by ClearSky, Atlantic Bridge, and DNX Ventures, bringing total funding to $32 million at that point. The Series A supported further development of its cloud incident response platform. In March 2023, Mitiga completed a $13 million Series A extension led by ClearSky, followed by additional investments including from Cisco in October 2023 and Samsung Next. Mitiga expanded with a $45 million Series A overall by 2023, valued at over $100 million at that stage, and a $30 million Series B in January 2025 led by SYN Ventures with existing investors including ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners. The Series B funded geographic expansion in North America and Europe, AI platform enhancements, and sales growth, with blue-chip customers like Blackstone, ZoomInfo, and New American Funding. |
Who has invested in Mitiga?
10 investors have backed Mitiga across its funding rounds, including DNX Ventures, ClearSky, Atlantic Bridge, Blackstone, Glilot Capital Partners and Flint Capital.
Lead investors include SYN Ventures, ClearSky, Atlantic Bridge and DNX Ventures.
Mitiga Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 San Francisco, CA | 4 | Lead | Jul 2020 | |
| West Palm Beach, FL | 4 | Lead | Jul 2020 | |
 Dublin | 3 | Lead | Jun 2021 | |
| New York City, NY | 2 | Participant | Jun 2021 | |
| United States | 2 | Participant | Jul 2020 | |
| Herzliya | 2 | Participant | Jul 2020 | |
 London | 1 | Participant | Jul 2020 | |
| San Francisco, CA | 1 | Participant | Jul 2020 | |
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Start Free TrialMitiga Competitors
Mitiga competitors include listed companies like Corero Network Security and Loihde, and private ones like Anything, Bastille Networks Internet Security, BforeAI and Fleet Device Management.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | $2M | - | $100M | 50.0x | |
| San Francisco, CA | Private | - | - | $100M | - | |
| New York City, NY | Private | $2M | - | $100M | - | |
| San Francisco, CA | Private | - | - | $100M | - | |
| United Kingdom | Publicly listed | $25M | $2M | $100M | 3.2x | |
 Finland | Publicly listed | $162M | $13M | $104M | - |
Mitiga Public Comps
Mitiga is still privately-owned, but its public comps include Corero Network Security, Microdata Morocco, Exascale Labs, Loihde, NameSilo, Enea, GrandTech Cloud Services, QumulusAI, Spectra Systems and Bharat Global Developers.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $25M | $2M | 3.8x | 3.2x | 56.2x | 20.1x | |||
| $100M | $10M | 1.0x | - | 9.7x | - | |||
| $15M | ($12M) | 6.3x | - | (7.7x) | - | |||
| $162M | $13M | 0.7x | - | 8.5x | - | |||
| $47M | $4M | 2.0x | - | 23.4x | - | |||
| $92M | $22M | 1.3x | 1.3x | 5.3x | 4.5x | |||
| $48M | $4M | 1.5x | - | 18.8x | - | |||
| $13M | $3M | 19.5x | - | 88.8x | - | |||
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Common questions about Mitiga
| When was Mitiga founded? | Mitiga was founded in 2020. |
| Where is Mitiga headquartered? | Mitiga is headquartered in Tel Aviv, Israel. |
| Is Mitiga publicly listed? | No, Mitiga is a private, VC-backed company. |
| What is Mitiga's valuation? | Mitiga was last valued at $100M in its Series A in March 2023. |
| How much funding has Mitiga raised? | Mitiga has raised $107M across 4 funding rounds. |
| What was Mitiga's last funding round? | Mitiga's last funding round was a $30M Series B in January 2025, led by SYN Ventures. |
| Who are Mitiga's investors? | Mitiga's investors include DNX Ventures, ClearSky, Atlantic Bridge, Blackstone, Flint Capital, Glilot Capital Partners, Julian Levy, Rain Capital, Samsung NEXT and SYN Ventures. |
| Which companies are comparable to Mitiga? | Companies comparable to Mitiga include Anything, Bastille Networks Internet Security, BforeAI, Fleet Device Management, Corero Network Security and Loihde. |
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