Mimic Launches With New Ransomware Defense Platform

Dark Reading ● May 2, 2024

Dark Reading covered Mimic's launch from stealth with a software-as-a-service platform for ransomware defense and $27 million in seed funding. The story notes that CEO Derek Smith previously ran Shape Security, which F5 bought in 2019 for $1 billion. It also reports that Ted Schlein of Ballistic Ventures joined Mimic's board and former Colonial Pipeline CIO Marie Mouchet joined its advisory board.

About Mimic Networks

Mimic Networks enforces known-good state at the kernel, blocking unauthorized change before it executes. Founded in 2023 and headquartered in Palo Alto, California, Mimic raised a $50 million Series A led by Google Ventures and Menlo Ventures. Kevin Mandia, founder of Mandiant, and Ted Schlein serve on the board. Mimic is FedRAMP Ready at the Moderate impact level. Learn more at mimic.com.