Miggo Security Banks $17M Series A for ADR Technology

Summary: Miggo Security has successfully secured a million Series A funding round to enhance its runtime application security technology, particularly its Application Detection and Response (ADR) platform. The startup aims to protect modern applications against rapidly evolving threats, utilizing a core engine called DeepTracing that monitors interactions within the application layer. With total funding now at approximately .5 million, Miggo plans to expand its engineering capabilities and target enterprise markets effectively.

Affected: Miggo Security, enterprise application developers

Keypoints :

• Miggo Security raises million to advance its application security technology.
• The startup’s ADR platform is designed to block attacks in real-time while enabling code fixes.
• DeepTracing engine monitors application interactions to prevent suspicious behavior.
• Funding will be used to scale engineering and penetrate the enterprise market.
• The company has already secured applications in industries like financial services and e-commerce.