Mitiga: Strategic Investment Received From Cisco Investments

By Amit Chowdhry • Oct 11, 2023

Mitiga – a cloud and SaaS incident response leader (see profile here) – recently announced that Cisco Investments has made a strategic investment in the company. The funding round will help support significant market adoption among the many transforming enterprises seeking modern security solutions for their cloud and SaaS environments. 

Mitiga offers the industry’s only complete Cloud Investigation and Response Automation (CIRA) solution at the forefront of a new wave in cloud investigation and response capabilities: IR2. This proactive approach to incident response delivers the capabilities required to shut down breaches across cloud and SaaS environments.

Plus, Mitiga provides the industry’s only complete CIRA solution, to simplify and dramatically accelerate cloud and SaaS breach investigations, offering cloud-driven companies a new level of cyber and organizational resilience. And Mitiga’s IR2 platform performs continuous hunts for emerging attacks based on the company’s constantly growing cloud attack scenario library (CASL), the industry’s first and only database dedicated to cloud and SaaS multi-vector hunts. 

After a breach occurs, IR2 provides instant answers by proactively gathering, organizing, and analyzing forensic-level data and delivering insights in a single pane of glass. And by enabling ongoing readiness and compressing the investigation time from weeks or months to hours, Mitiga’s solution reduces recovery time and incident-related damage—getting customers back to business fast.

KEY QUOTES:

“We are thrilled to add Cisco Investments to our group of investors and see it as a huge opportunity to have a larger influence on the CIRA market. I’ve been in the cybersecurity industry for over 25 years, and during that time there have been few advancements in the ways companies handle incident response (IR). Prior to Mitiga entering the market, IR was only offered as a professional service which is not compatible with a modern architecture that includes cloud and SaaS applications. Today, incident response needs to deliver faster response times, reduced investigation overhead and continuous attack detection. We look forward to working with Cisco to continue delivering modern solutions that help companies minimize the impact of inevitable cloud and SaaS related breaches.”

  • Tal Mozes, co-founder and CEO of Mitiga