Ransomware defense company Mimic emerges from stealth, announces $27M seed round from Ballistic, Menlo, Team8, Wing, and Shield
PALO ALTO, Calif., May 2, 2024 /PRNewswire/ -- Mimic, the ransomware defense company, announced today that it has emerged from stealth and that it has secured a seed round of funding of $27 million led by Ballistic Ventures, with investment from Menlo Ventures, Team8, Wing Venture Capital and Shield Capital.
- Mimic, the ransomware defense company, announced today that it has emerged from stealth.
- "Mimic's SaaS platform provides enterprises with detection, deflection, and rapid recovery from ransomware attacks," said Derek Smith, Mimic CEO.
- Mimic is the last line of defense, working in concert with our customers' other controls.
- "Ransomware is the highest priority problem for all CISOs in the Fortune 500 and Global 2000," said Schlein.