Filigran secures €5m Seed Funding for next-gen threat management solutions

Filigran secures €5m Seed Funding for next-gen threat management solutions

Founded in September 2022, Filigran, the rising star in the cybersecurity arena, has recently raised an impressive €5m in seed funding.

This considerable capital infusion is spearheaded by Moonfire Ventures, followed by a stellar consortium of international venture capitalists, family offices, and individual investors including Motier Ventures, Kima Ventures, and Raise Sherpas.

Filigran has carved a unique niche in the ever-evolving cybersecurity sector, focusing on building a community-driven enterprise. It’s engaged in the development of advanced solutions in threat management through an ecosystem of open-source products including OpenCTI, OpenEx, OpenCrisis, and OpenRiskManager.

These tools are designed to anticipate and detect potential cyber incidents, perform stress tests and adversary simulations, thereby offering clients a novel way to comprehend and manage their threat environments.

The recent investment will significantly boost Filigran’s quest to augment its threat management portfolio. Plans are already underway to leverage the funds in ramping up key operations including software and platform engineering, product management, revenue and sales operations, marketing, and customer success.

This will enhance Filigran’s capability to deliver enterprise-grade solutions, uniquely tailored to the customer’s needs, with cutting-edge features such as automation, NLP, AI, and analytics.

In just six months of operations, Filigran has exhibited tremendous growth, now boasting of more than 20 dedicated employees and having proved its value to over 40 private companies, public agencies, non-profit organisations, and individuals. Its committed team, coupled with the fervent participation of an amazing community of analysts, incident responders, and malware reversers among others, is the driving force behind Filigran’s impressive product portfolio.

Despite being a relatively young enterprise, Filigran’s commitment to providing best-in-class software to cybersecurity and crisis management teams has earned it remarkable financial results in its early existence. This has catalysed an 18-month acceleration phase to bolster Filigran’s medium and long-term objectives, a testament to its forward-thinking approach.

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