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Venture Capital News: Mimic Emerges With $27M Seed Round

2024-05-02
PALO ALTO, CA, Mimic announced today that it has emerged from stealth and that it has secured a seed round of funding of $27 million.
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 is the ransomware defense company. Security teams use Mimic to detect ransomware early enough to deflect it before it can damage their infrastructure or steal their data. Mimic also creates a unique rapid-recovery technology which operates in seconds and minutes vs days and weeks, without allowing threat actors to reestablish their access.
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