Application security company Miggo, a leader in real-time Attack Detection and Response (ADR) technology, has closed a $17 million Series A funding round. The round was led by SYN Ventures, with continued support from existing investor YL Ventures.
This new funding will fuel Miggo’s rapid growth as it scales its plug-and-play ADR platform to meet the rising global demand for resilient, real-time security solutions. Miggo’s technology stands apart from traditional security tools that focus on networks or endpoints. Instead, it delivers in-application defence by continuously monitoring application behaviour and instantly blocking threats — all without requiring code changes or disruptive patching cycles.
The investment will enable Miggo to expand its reach across key sectors including financial services, SaaS, and e-commerce, while also accelerating product development and enhancing its proprietary DeepTracing™ technology. Additionally, the capital will support the company’s global go-to-market initiatives.
Miggo’s DeepTracing™ technology provides real-time behavioural mapping of applications, simulates potential attack paths, and automatically deploys targeted defences. This innovative approach empowers organisations to maintain development velocity without compromising on security. Miggo’s effectiveness was demonstrated in its discovery of the “ALBeast” vulnerability in AWS’s Application Load Balancer (ALB), a breakthrough that earned recognition from AWS, HashiCorp, and the UK’s Government Communications Headquarters (GCHQ).
Commenting on the announcement, Justin Somaini, Partner at YL Ventures, said, “Miggo represents a paradigm shift in application security at a time when organisations need it most. Their innovative runtime monitoring doesn’t just detect threats — it transforms how businesses safeguard their critical digital assets. This investment will help establish Miggo as an essential security cornerstone for enterprises facing sophisticated threats globally.”
