Miggo Security raises $17 million Series A to fight cyberattacks in real time
Israeli startup targets the 22-minute window between new vulnerabilities and active exploitation.
In a world where new software code is deployed hundreds of times a day and attackers now exploit fresh vulnerabilities in less than half an hour, a new Israeli cybersecurity firm is betting that traditional security models are dangerously outdated.
Miggo Security, a startup specializing in what it calls “runtime and real-time” threat protection for applications, announced a $17 million Series A funding round on Wednesday. The round was led by SYN Ventures and YL Ventures—two firms that have backed some of the biggest names in next-generation cybersecurity.
Miggo was founded in 2023 by CEO Daniel Shechter and CTO Itai Goldman, both alumni of Unit 8200 with extensive experience in the cybersecurity field.
Daniel, a graduate of the prestigious Havatzalot program, served in the unit before working as a manager at the consulting firm McKinsey. Itai, a graduate of the elite Talpiot program, previously led a cyber research unit.
The company currently employs 25 people, most of whom are based at its development center in Israel, with the remainder located in the United States. =
Miggo’s platform is built for a world in which perimeter defenses are obsolete and attackers are evolving faster than defenders can patch. “What used to be reserved for nation-states is now scriptable, scalable and sold on Telegram,” said Shechter, Miggo’s CEO and co-founder. “We’re closing the widening gap between how fast organizations ship code—and how fast attackers exploit it.”
The company’s technology—described as an “Application Detection & Response” (ADR) platform—works not by scanning for vulnerabilities after the fact, but by monitoring the behavior of live applications in real time. It then automatically deploys defenses before a breach can occur.
It’s a radical shift in how enterprise security is delivered. “If you can’t own every line of code and you can’t slow down dev, you need a way to defend what’s already live,” said Miggo CTO and co-founder Itai Goldman.
That pressure is growing. According to industry data cited by the company, the average “Time to Exploit” a newly discovered vulnerability has dropped from 63 hours to just 22 minutes in recent years—fueled by automated tools, AI-driven reconnaissance, and marketplace access to offensive capabilities.
This accelerating threat environment, combined with the increasingly fragmented nature of modern applications—built from open-source packages, AI-generated code, and decentralized microservices—has overwhelmed traditional vulnerability management tools. Many are good at flagging problems, but few can prioritize them meaningfully, let alone fix them.
Miggo’s answer is an always-on security engine that acts inside the application itself. Its proprietary DeepTracing technology maps software behavior, identifies risks, and simulates potential exploit paths—all while keeping pace with the development cycle. Unlike endpoint detection and response (EDR) or cloud security tools (CNAPP), Miggo operates at the application layer, where it says the real danger now lies.
Early traction appears promising. The company saw 3x revenue growth in 2024, following a 4.5x increase the year prior. It plans to use the new funding to scale across new customer segments—including telcos, consultancies, and resellers—and expand its presence in the U.S. and Europe.
