Mitiga’s Cloud Incident Readiness and Response Solution Now Backed by Blackstone

Blackstone has joined ClearSky, Atlantic Bridge, and DNX in Mitiga’s Series A investment round. Mitiga’s technology and services would reduce the effect of cyberattacks, improve preparation for cloud and hybrid incidents, and reduce incident response and recovery times.

Photo Tal Mozes, CEO at Mitiga
“Blackstone believes that Mitiga’s solution is truly differentiated in the marketplace and is the first company to build a cloud-centric incident response platform,” said Tal Mozes, CEO at Mitiga.

Companies may automate the procedures of gathering and analyzing cloud forensics data by using Mitiga’s dynamic-readiness strategy, which would eliminate time-consuming data acquisition delays before initiating the incident investigation, response, and recovery.

“Although traditional incident response solutions focus on what happens after a breach, Mitiga’s unique cybersecurity solution combines incident readiness and response, helping companies prepare for a breach before it happens,” said Adam Fletcher, Chief Information Security Officer (CISO) at Blackstone. “As an investor and a customer, we know how important it is to be prepared before an incident occurs, especially in cloud infrastructure. We look forward to a successful partnership and to the company’s next phase of growth.”

Cloud-Centric Incident Response

Mitiga’s shared-responsibility business model would drastically alter incident response economics. Instead of charging extra for issue response and recovery, Mitiga thinks that its platform-based solution completely prepares clients for all parts of a cloud incident, thus there are no incident response costs for subscribers.

“Blackstone believes that Mitiga’s solution is truly differentiated in the marketplace and is the first company to build a cloud-centric incident response platform,” said Tal Mozes, Chief Executive Officer (CEO) at Mitiga. “Adam Fletcher has become a trusted partner, and his experience and insights are helping to shape Mitiga’s solutions for tomorrow’s challenges.”

Blackstone’s $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, and other segments, all on a global basis.

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