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Data Center News > Blog > Cloud Computing > Filigran secures $35 million Series B to drive cybersecurity innovation
Cloud Computing

Filigran secures $35 million Series B to drive cybersecurity innovation

Last updated: November 8, 2024 4:35 pm
Published November 8, 2024
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Filigran secures $35 million Series B to drive cybersecurity innovation
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European cyber tech agency Filigran has lately closed a $35 million Series B funding round, led by software program investor Perception Companions, becoming a member of present backers Accel and Moonfire.

The funding spherical follows Filigran’s US$16 million Collection A funding only a few months in the past, and can support the corporate’s development, growth, and product improvement. The Collection B funding will assist the corporate’s plans to broaden within the US and Pacific areas, and particularly, advance AI and information engineering product improvement.

Filigran was based in 2022, and gives open-source platforms like OpenCTI and OpenBAS in its eXtended Risk Administration (XTM) suite. The platform is designed to assist organisations higher perceive their menace panorama, detect incidents, cut back response occasions, and develop long-term cybersecurity methods.

Filigran’s options are utilized by worldwide companies that embrace Airbus, Marriott, Thales, Hermès, Rivian, and Bouygues Telecom. Public sector organisations on the corporate’s roster embrace the European Fee, the FBI, the New York Metropolis Cyber Command, US and Australian federal businesses, the Netherlands Nationwide Police Corps, and several other European authorities ministries.

The corporate’s open-source efforts are supported by a neighborhood of over 4,300 cybersecurity professionals and contributors. The XTM suite integrates OpenCTI, which buildings and operationalises menace intelligence. Equally, OpenBAS makes use of real-time menace information for safety validation. The platforms present a view of potential dangers to assist organisations strengthen their cybersecurity measures.

The funding will support improvement of additional XTM options aimed toward enhancing the suite with threat-driven danger evaluation and deception to handle new cybersecurity challenges.

Samuel Hassine, Filigran’s CEO, has over 15 years’ of expertise in cyber menace intelligence and disaster administration, and had prior roles as Director of Safety Technique at Tanium and Head of Risk and Threat Evaluation at ANSSI. CTO Julien Richard has over 20 years’ of expertise managing engineering groups and software program improvement. He was Vice-President of Engineering at YOOI and Director of Engineering at Axway.

See also  Cybersecurity trends and how to navigate them

“Securing this Collection B funding displays the progress Filigran has made in a short while. Our mission is to make menace intelligence accessible and actionable for organisations. This new funding will assist us proceed that mission at a bigger scale,” mentioned Hassine.

“Filigran has shifted how safety groups method menace intelligence with their open-source XTM suite, powered by OpenCTI and OpenBAS. This funding helps their world growth and product improvement,” mentioned Crissy Costa Behrens, Principal at Perception Companions.

(Picture by 3D Animation Production Company)

See additionally: Safety gaps present in encrypted cloud storage providers

Wish to be taught extra about cybersecurity and the cloud from business leaders? Take a look at Cyber Security & Cloud Expo going down in Amsterdam, California, and London. Discover different upcoming enterprise expertise occasions and webinars powered by TechForge here.

Tags: AI, cloud, Safety

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