Filigran, a European cybertech startup headquartered in France, has raised €5 million investment. This first round of funding in the company was led by UK-based VC firm Moonfire, which closed a $115M fund and invested in Claimer and GOALS. The round also saw significant contributions from cutting-edge global VCs, family offices and business angels, including Motier Ventures, Kima Ventures, Raise Sherpas and Zebox Ventures, among others.
The French cybertech startup will use the investment to accelerate product development and drive international growth. This round is aimed to give Filigran the resources it needs for an 18-month business acceleration plan focused on engineering, customer success, and commercial growth in Europe and North America.
Also, Filigran will focus on the development of its business model; support and consulting for customers who use its eXtended Threat Management on-premises; and development of Filigran’s subscription-based multi-cloud SaaS offering.
“Filigran is delighted to be partnering with these investors, who recognise the need for new, open approaches to responding to the growing cybersecurity threat faced by all large organizations,” said Filigran CEO and co-founder Samuel Hassine. “The enthusiasm they have shown for this first round demonstrates their confidence in Filigran’s ability to design and deliver a fast-growing, value-centric and community-driven business for the years to come.”
“Given the nature of global cybersecurity threats, and the usefulness of Filigran’s solution, which has been enthusiastically recognised by significant customers who can’t afford to not take new and emerging threats extremely seriously, supporting Filigran’s development is a no-brainer,” said Mattias Ljungman, founder of Moonfire. “We have absolute confidence in Filigran’s leadership and their teams, and we look forward to working closely with them in the long term.”
Open source eXtended Threat Management suite
Filigran was founded by Samuel Hassine and Julien Richard in October 2022 in France. Samuel has over 15 years’ of experience in cyber threat intelligence and crisis management and was previously Director of Security Strategy at Tanium, and head of Threat and Risk Analysis at ANSSI. On the other hand, Julien has over 20 years’ of experience in managing product and engineering teams while designing complex software in data and AI fields and was the Vice-President of Engineering at YOOI and Director of Engineering at Axway.
They created the cybertech startup with the objective to provide cybersecurity and crisis management teams with the best possible software. The company designs and develops an eXtended Threat Management (XTM) portfolio covering cyber threat intelligence, adversary simulation, and crisis management solutions.
Currently, Filigran is focused on the development of two products. Firstly, it focused on OpenCTI, an eXtended Threat Knowledge Platform designed to help cybersecurity teams organise, store and operationalise threat intelligence information at a technical and strategic level. The second one is OpenEx, an eXtended Threat Simulation Platform that uses cyber threat knowledge for attack and crisis management simulations, and to stress-test the resilience of critical infrastructure (digital twins or actual infrastructure) in the face of new and emerging threats.
As of now, the startup has established partnerships with over 20 leading global companies, including Deloitte, Orange Cyberdefense, Atos, Wavestone and Intrinsec. Over 3,200 organisations use its solutions globally and some of them include Airbus, Marriott, Thales, Hermès, and Bouygues Telecom. Also, the company counts public sector bodies such as the European Commission, the FBI, the New York City Cyber Command, multiple US and Australian federal agencies, the Netherlands National Police Corps, and a number of European ministries as customers.
