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Mimic Gets $50M to Fight Ransomware with Millisecond Defense

Cybersecurity firm Mimic, led by former Shape Security CEO Derek Smith, has raised $50 million in a Series A funding round to develop automated ransomware defenses. The funding will be used to expand the company’s engineering team, enhance automation for securing legacy applications and scale globally. Mimic focuses on kernel-level security, automating protective configurations and safeguarding commercial and proprietary software.

Source: www.govinfosecurity.com –

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