Filigran bags €5m for expansion of open-source threat management suite


Filigran, a trailblazer in the European cybersecurity arena with its base in France, is on a growth trajectory after securing a €5m investment.

The funding influx was spearheaded by UK-based venture capital firm Moonfire, known for its recent $115m fund closure and past investments in Claimer and GOALS. Other significant contributors included global venture capitalists, family offices, and angel investors like Motier Ventures, Kima Ventures, Raise Sherpas, and Zebox Ventures.

Founded by industry experts Samuel Hassine and Julien Richard, Filigran is driving a new era in CyberTech with its extended Threat Management (XTM) portfolio. This includes cyber threat intelligence, adversary simulation, and crisis management solutions. The company is also currently developing two state-of-the-art products – OpenCTI, an eXtended Threat Knowledge Platform, and OpenEx, an eXtended Threat Simulation Platform.

Filigran intends to utilise the fresh funds to spur product development and fuel international expansion. It aims to undertake an 18-month business acceleration plan with a concentrated focus on engineering, customer success, and commercial growth across Europe and North America. The funding will also be instrumental in bolstering its business model, offering support and consultancy to on-premises users of its eXtended Threat Management suite, and enhancing its subscription-based multi-cloud SaaS offering.

Filigran CEO and co-founder Samuel Hassine said, “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 organisations. 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.”

Mattias Ljungman, founder of Moonfire, expressed his conviction in Filigran’s potential, stating, “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. We have absolute confidence in Filigran’s leadership and their teams, and we look forward to working closely with them in the long term.”

Founded in October 2022, Filigran has since established partnerships with more than 20 leading global companies, and its solutions are utilised by over 3,200 organisations worldwide.

Truvity, renowned for its mission to instil instant trust and simplify inter-business collaboration, recently made its initial public funding revelation.

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