Israeli cybersecurity startup Miggo Security just closed a $17 million Series A round—and if you work in IT or security, especially in an enterprise or SMB setting, this might be a name you’ll want to remember.
Led by SYN Ventures and with continued backing from YL Ventures, this new round brings Miggo’s total funding to $24.5 million. The mission? Build out its engineering team and scale its Application Detection and Response (ADR) platform to enterprise environments.
We see a lot of companies talk about detection. Miggo is going a step further: they’re blocking threats in real time—even before you get around to patching code or tweaking your WAF rules.
Here’s how they’re doing it:
- Plug-in architecture attaches directly to your running services. No rewrites.
- Live application mapping models how your APIs, microservices, and auth flows behave.
- DeepTracing engine sets baselines and kills off behavior that doesn’t fit the expected pattern.
Think of it like a security camera inside the application itself, with enough intelligence to lock the door before the intruder gets in.
Apps are moving faster than ever, and AI-powered attackers are moving even faster. Traditional AppSec tools just can’t keep up with the speed at which code is pushed—and exploited.
As Daniel Shechter, Miggo’s CEO, puts it:
“We’re not here to detect and alert. We’re here to block the attack while you fix the issue.”
This is huge if you’re operating in a fast-moving environment where time-to-fix lags behind time-to-exploit.
Miggo’s platform is already in use across regulated sectors like:
- Financial services
- E-commerce
- SaaS companies
That’s a strong sign of confidence, especially in industries where security is both mandatory and scrutinized.
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