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IN THE NEWS

Mimic Raises $50 Million in Series A

The SaaS News ● February 28, 2025

The SaaS News reported Mimic's $50 million Series A, led by GV (Google Ventures) and Menlo Ventures, with Ballistic Ventures, Team8, Wing Venture Capital and Shield Capital also investing. The report describes Mimic as a Palo Alto company founded in 2023 and led by CEO Derek Smith, building a SaaS platform against ransomware and cyber extortion. The new money goes toward speeding up that work.

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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.