Mitiga, a leading provider of cloud and SaaS threat detection, investigation, and response solutions, has secured $30m in a Series B funding round to accelerate its expansion in North America and Europe.
The investment round was led by SYN Ventures, with additional participation from existing investors including ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners.
The fresh capital will support Mitiga’s expansion into new markets, the enhancement of its AI-driven platform, and the strengthening of its sales and marketing efforts.
Mitiga provides enterprises with advanced cybersecurity capabilities, offering visibility and control over cloud and SaaS environments. Its platform equips security operations teams with tools for rapid detection, investigation, and response to cyber threats, ensuring resilience against evolving risks.
In addition to the funding announcement, Mitiga has appointed John Watters as executive chairman and Robert Rodriguez as a board director. Watters, who brings over 30 years of experience in cybersecurity, was previously the president and COO of Mandiant, which was acquired by Google for $5.4bn. He also serves as a venture partner at SYN Ventures. Rodriguez, the chairman and founder of SINET, brings extensive expertise in growing cybersecurity businesses and has held leadership positions in the US Secret Service.
John Watters, executive chairman of Mitiga, said, “Mitiga’s Cloud/SaaS TDIR Platform represents the future of cybersecurity and I’m proud to be named Executive Chairman. Cloud, SaaS, and Identity domains have been a fruitful playground for attackers as data, infrastructure, and risk have shifted to these new domains. In doing so, enterprises often lack visibility and control in this distributed environment. Mitiga delivers this visibility and enables customers to detect, investigate, and automate incident response against threats across those environments.”
Tal Mozes, co-founder of Mitiga, commented, “Mitiga is pleased to appoint John Watters as Executive Chairman and welcome Robert Rodriguez from SYN Ventures and SINET as a Board Director. Both have an impressive track record in cybersecurity and will help Mitiga achieve our mission of protecting organizations from the insidious and complex threats facing Cloud and SaaS data and applications.”
“Cloud and SaaS breaches are rising as adversaries seek to exploit weaknesses in online systems. Businesses have prioritized compliance and prevention – rather than detection and mitigation – which is creating a white space for adversaries to target. Mitiga’s unique and broad capabilities enable our customers to detect, investigate and respond to threats over 90 percent faster than traditional approaches.”
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
Copyright © 2018 RegTech Analyst
