Miggo Launches First Application Detection and Response (ADR) Solution [Yahoo! Finance]
Zscaler, Inc. (ZS)
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Source: Yahoo! Finance
TEL AVIV, Israel, April 17, 2024 BUSINESS WIRE Miggo , a cybersecurity startup introducing the first Application Detection and Response (ADR) platform, announced today $7.5 million in seed funding led by global cybersecurity VC firm YL Ventures with the participation of CCL (Cyber Club London), cybersecurity leaders from Elastic and Everon and former CISOs of Google, Zscaler and Nike. Miggo's ADR platform addresses a critical gap in application security by enabling security teams to detect and respond to targeted application attacks in real-time. 2023 saw a rise in high-profile application attacks that went undetected by traditional tools. The MOVEit, Microsoft SharePoint, Ivanti Gateway and GoAnywhere breaches highlight critical AppSec blind spots of application behavior in runtime and how attackers are hedging their bets on this well-known, ongoing security gap. According to Justin Somaini, Partner at YL Ventures and former CISO of Unity, SAP and Yahoo!, "Applications in producti
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