Cyber defence solution TEHTRIS nets €44m


France-based cyber defence solution TEHTRIS has raised €44m in financing, which includes €36m in growth equity.

Jolt Capital served as the lead investor. Other contributions came from Tikehau Ace Capital, Open CNP, CNP Assurances and Nouvelle-Aquitaine Co-Investissement.

This fresh capital will help TEHTRIS accelerate its development, with plans to create 300 new jobs. It is also looking to boost innovation and bolster its sales efforts.

Founded in 2010, TEHTRIS’s flagship solution is an extended detection and response cyber defence solution. It can detect and neutralise known and unknown cyber threats in real-time, without human interaction. Its team currently has 260 people.

TEHTRIS claims the cyber defence solution is interoperable for augmented and hyper automated remediation. The company’s mission is to help companies around the world fight against cyber-aggressions such as data hacking or ransomware.

Currently, the technology protects companies in over 120 countries. Its platform replaces some of the limited traditional products by orchestrating different cybersecurity solutions with its AI, behavioural analysis engine and real-time updated threat database, for augmented and hyper-automated remediation.

The cyber defence solution previously raised €20m in November 2020. The capital was supplied by Ace Management, Open CNP, Nouvelle-Aquitaine Co-Investissement and a selection of unnamed angel investors.

In other CyberTech news, IriusRisk bagged $29m for its Series B round. The CyberTech company is an open threat modelling platform that automates and supports creating threat models at design time.

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