Mitigata Raises $15M Series B for AI Cyber Resilience

Mitigata, India's first AI-native cyber resilience platform, has successfully closed a $15 million Series B funding round. This investment aims to build the country's largest sovereign, indigenous AI security infrastructure. Bessemer Venture Partners led the round, with existing investors also participating. Mitigata plans to use the capital to expand its Security Operations Centre, grow its team, and accelerate international expansion. The company intends to double its headcount across various departments. Founded in 2023, Mitigata operates on the principle of Insure, Detect, Defend, and Recover. Its services include cyber insurance, AI-powered security operations, and incident response. The platform currently serves over 800 organizations and has triaged more than one million security incidents. Mitigata reports over 12 times year-on-year growth, making it India’s fastest-growing cyber resilience company. This funding will help them accelerate their vision for world-class cyber resilience.