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Israel-Based Miggo Security Raises $7.5M In Seed Funding

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Miggo Security is a cybersecurity startup headquartered in Tel Aviv, Israel.

The company under the supervision of Daniel Shechter, CEO and co-founder, alongside Itai Goldman, CTO and co-founder, Miggo has set itself as a leading force in the cybersecurity landscape. The company specializes in offering an innovative application detection and response (ADR) platform designed to carefully identify and map the detailed architecture of distributed applications. This process allows Miggo’s platform to establish comprehensive behavioural baselines, enabling continuous monitoring to detect any variations from the intended design or code execution flows.

By harnessing real-time, in-application context, Miggo’s solution goes beyond mere detection but effectively determine whether detected variations signify potential vulnerabilities, active exploitation, or malicious backdoors within the application.
Upon identification, the platform swiftly begins targeted mitigations to contain violations, identifying the source of the threat and the affected areas. This approach enables Miggo to provide accurate recommendations for remediation strategies, thereby minimizing the impact of potential security breaches.

Just recently, the company announced that it has successfully secured $7.5 million in Seed funding to strengthen its operations and further enhance its development endeavours.

This funding round was led by YL Ventures, a well-known venture capital firm, with participation from CCL (Cyber Club London), as well as key players in the cybersecurity field, including professionals from Elastic and Everon, alongside former Chief Information Security Officers (CISOs) from industry giants such as Google, Zscaler, and Nike.

As I conclude, it is important to reiterate that Miggo Security offers a powerful application detection and response platform that not only enhances visibility and response capabilities but also provides valuable insights important for preventing application breaches. With the backing of this recent funding round, Miggo is dedicated to strengthening its position as a frontrunner in the cybersecurity realm, driving innovation and safeguarding digital ecosystems against emerging threats.

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We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
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