RedMimicry, a Berlin-based platform for realistic emulation of complex cyber-attacks, announced the completion of a seven-figure seed financing round, led by High-Tech Gründerfonds (HTGF) with participation from Capital Square, superangels, and other business angels. This investment will help RedMimicry develop its technology and enhance its commercial strategies.
Currently, many organizations conduct superficial and unrealistic defense testing, leaving detection and response gaps. Regulations like DORA and NIS-2 require comprehensive testing against current threats. RedMimicry’s attack emulations allow companies to validate defenses against realistic threats, improving security while reducing costs.
RedMimicry is also expanding its partner network to support companies in enhancing security operations. The new funding will improve the platform, focusing on OT environments and financial services, and grow sales and partnerships.
Alexander Rausch, CEO of RedMimicry, stated that the goal is to enable companies to protect themselves against complex cyber-attacks. With investor support, they aim to advance their technology and market position. Constantin Schlachetzki from DCSO emphasized the importance of RedMimicry’s simulations for accurate evaluations. Martin Ostermayer from Capital Square is excited to back RedMimicry, highlighting their ambition and expertise in setting new cybersecurity standards.