#SiliconValleyStartup

Ransomware Defense Startup Mimic Raises Hefty $27M Seed Round 

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May 2, 2024 at 12:40PM Mimic, a Silicon Valley startup, secured $27 million in seed funding from Ballistic Ventures, Menlo Ventures, and others. Led by former Shape Security CEO Derek Smith, the company aims to disrupt ransomware detection and recovery. Their technology detects ransomware early, hides critical assets, and offers automated recovery without paying a … Read more

Xage Targets New Markets with $20 Million Investment

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November 4, 2023 at 12:30PM Silicon Valley startup Xage Security has raised $20 million in new funding to expand its zero trust security technology beyond traditional IT environments. The company’s investors, including Piva Capital and Chevron Technology Ventures, participated in the financing. Xage also secured a strategic partnership with Science Applications International Corporation (SAIC) to … Read more