Filigran Completes $35 Million Series B Funding Round
Filigran, a pioneering European cybertech company, has successfully finalized a remarkable $35 million in Series B funding. This round was remarkably led by Insight Partners, a global player in software investments, which shows the growing confidence in the company's potential. The participation of existing investors, such as Accel and Moonfire, further underscores Filigran's impressive journey and strategic vision to broaden its global reach while focusing on product innovation.
Innovative Solutions for Cyber Threat Management
Founded in 2022 by visionaries Samuel Hassine and Julien Richard, Filigran is dedicated to transforming the landscape of proactive cyber threat anticipation. Their flagship open-source platforms, OpenCTI and OpenBAS, serve as cornerstones of a unified eXtended Threat Management (XTM) suite that empowers organizations to navigate complex threat environments effectively. This suite allows companies to detect incidents, decrease response times, and devise long-term cybersecurity strategies.
Supporting a Diverse Clientele
Filigran's cutting-edge threat intelligence solutions cater to a broad range of international clients, including notable enterprises like Airbus, Marriott, Thales, Hermès, Rivian, and Bouygues Telecom. The company's innovative technology also supports various public sector organizations, such as the European Commission, multiple federal agencies, and law enforcement entities worldwide.
Driving Global Growth and Expansion
This recent funding cycle cements Filigran's trajectory of growth. Samuel Hassine, the company's CEO, remarked on the significance of this achievement, stating, "This investment speaks volumes about the remarkable advancements Filigran has made in a short timeframe. Our goal is to democratize threat intelligence, making it actionable and accessible for all types of organizations. With this new financial backing, we are excited to amplify that mission and extend our impact into key markets globally."
Insight on Industry Transformation
Insight Partners’ Principal, Crissy Costa Behrens, shared her enthusiasm about the investment, highlighting how Filigran is reshaping the perceptions of security teams towards proactive threat intelligence. The open-source XTM suite not only enhances self-defense mechanisms against potential breaches but also sets new accessibility standards in the industry.
Community Engagement and Future Plans
Filigran nurtures a vibrant community of over 4,300 cybersecurity experts and active contributors. Their collaborative approach in developing open-source solutions is redefining how organizations manage cyber threats. The XTM suite combines powerful tools such as OpenCTI, which structures comprehensive threat intelligence, and OpenBAS, a solution focused on adversary emulation, leveraging real-time data to bridge security gaps.
As Filigran moves forward, the Series B funding will enhance the development of additional XTM tools. This comprehensive approach encompasses streamlined risk assessments and advanced threat deception techniques, equipping organizations with the resources to tackle ever-evolving cyber threats properly.
The Founders' Vision and Experience
Both co-founders, Samuel Hassine (CEO) and Julien Richard (CTO), bring invaluable expertise to Filigran. Hassine's impressive background includes over 15 years in threat intelligence, having served at Tanium and ANSSI. Richard, with more than 20 years of experience in product management and engineering, has held critical roles at YOOI and Axway, making him well-equipped to navigate the technological landscape.
About Filigran
Founded with a vision for transforming end-to-end cyber threat management, Filigran stands out for its dedication to developing proactive and accessible open-source solutions. Currently, Filigran empowers over 6,000 organizations worldwide, bridging the gap between cybersecurity measures and vulnerabilities.
Frequently Asked Questions
What is Filigran's recent funding achievement?
Filigran has raised $35 million in Series B funding, bolstering its innovation and global expansion efforts.
Who are the key investors in Filigran's Series B round?
The funding was led by Insight Partners, with participation from existing investors Accel and Moonfire.
What are Filigran's main products?
Filigran's notable products include the XTM suite, OpenCTI, and OpenBAS, designed for comprehensive threat management.
What is the goal of Filigran with this funding?
The funding aims to enhance product innovation, expand into new markets, and make threat intelligence more accessible to organizations.
Who are Filigran's primary clientele?
Filigran serves various international companies, including Airbus, Marriott, and the European Commission, along with law enforcement agencies.
