Mimic

Ransomware defense company Mimic emerges from stealth, announces $27M seed round from Ballistic, Menlo, Team8, Wing, and Shield https://lnkd.in/gyfyARnK

We're excited to announce our investment in Mimic, a next-gen anti-ransomware solution responding to market demands for dedicated ransomware prevention and protection. Founded by cybersecurity powerhouses Derek Smith and Bob Blakley, Mimic detects, deflects, and recovers from ransomware attacks. Read more about Mimic's mission to make ransomware attacks a threat of the past: https://mnlo.vc/mimic-seed via Matt Murphy, Feyza Haskaraman, and Samantha Borja

Congratulations to Derek Smith and the team at Mimic as they emerge from stealth today. 🔑 Mimic provides enterprises with detection, deflection, and rapid recovery from ransomware attacks, acting as a last line of defense for some of the most pernicious forms of cyber extortion that target the most vulnerable, like schools and hospitals. An ambitious and meaningful mission—and we’re proud to be your partner!

It’s time to proactively fight back against #ransomware. That’s why we're proud to announce our portfolio company Mimic has emerged from stealth. Ballistic GP Ted Schlein says, "Mimic provides the most comprehensive system to detect and deflect ransomware attacks. The company is founded by some of the greatest #cybersecurity practitioners in the industry with proven track records of delivering complex solutions to sophisticated problems." With a $27M seed investment, led by Ballistic and joined by Menlo Ventures, Team8, Wing Venture Capital and Shield Capital, Mimic is on a mission to make ransomware yesterday’s problem. Read more about our investment in Mimic: https://lnkd.in/ggCWHe7p

We are excited to announce our latest portfolio company Mimic's emergence from stealth with a $27 million seed funding round led by Ballistic Ventures and with participation from Team8, Menlo Ventures, Wing Venture Capital and Shield Capital. Mimic is developing the industry's most effective SAAS enterprise defense system to combat ransomware and cyber extortion. As one of the fastest-growing and most destructive forms of cybercrime, the impacts of cyber extortion can be devastating. Mimic's mission is to ensure the safety and continuous operation of organizations facing these threats. The team and product have already gained strong industry validation from Kevin Mandia, CEO of Mandiant (now part of Google Cloud), and announced strategic board appointments—Ted Schlein, General Partner at Ballistic Ventures as a Board member and Marie Mouchet as an Advisory Board member. They've also announced Apex Group Ltd as a reference customer. Congratulations to the Co-founders, Derek Smith and Bob Blakley, and entire team. We're proud to be on this journey with you! Learn about them at https://mimic.com/