Cybersecurity startuop Mitigata has raised $15 million in a Series B round of funding led by Bessemer Venture Partners, with participation from existing investors Nexus Venture Partners, Titan Capital, and WEH Ventures.
The Bengaluru headquartered startup will use the funding to hire talent across the segments of AI, R&D, product, engineering ,and customer success and to expand internationally.
Founded in 2023 by Mohit Anand, Sarthak Dubey, Mayank Morya, and Akshit Kaushik, Mitigate is an AI-native startup that aims to build the country’s largest sovereign, indigenous AI security infrastructure.
Mohit Anand, Co-founder and CEO, Mitigata, said, “Cybersecurity is entering an AI-first era, and resilience will become one of the defining capabilities of the modern enterprise.
As AI becomes increasingly embedded into economies and critical infrastructure, security stops being just an IT problem.
