Mimic secures $27M seed round led by Ballistic Ventures, Menlo Ventures, Team8, Wing Venture Capital, and Shield Capital

May 02, 2024•about 1 year ago

Amount Raised

$27 Million

Round Type

seed

Palo AltoSecurityCyber Security

Investors

Shield CapitalWing Venture CapitalTeam8Menlo VenturesBallistic Ventures

Description

Ransomware defense company Mimic has emerged from stealth and revealed a $27 million seed round led by Ballistic Ventures, with participation from Menlo Ventures, Team8, Wing Venture Capital, and Shield Capital. The funding will be used to further develop Mimic's SaaS platform, which provides enterprises with advanced protection against ransomware attacks.

Company Information

Company

Mimic

Location

Palo Alto, California, United States

About

Mimic’s SaaS platform provides enterprises with detection, deflection, and rapid recovery from ransomware attacks. Our technology detects ransomware much earlier and with greater accuracy than other defenses which enables us to deflect attacks before damage is done or data is stolen.

FundzWatch™ Score

Medium Activity

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