A Paris-based startup Filigree The next cybersecurity rocketship to track is quickly shaping up: The company raised $35 million in a Series B round, just months after it raised $16 million in a Series A round.
Filigran’s flagship product is OpenCTI, an open source threat intelligence platform that allows companies or public sector organizations to import threat data from multiple sources, and data sets with Intel from providers such as CrowdStrike, SentinelOne or Sekoia. Strengthens.
gave Open source version OpenCTI is supported by 4,300 cybersecurity professionals and has been downloaded millions of times. The European Commission, the FBI and the New York City Cyber Command all use OpenCTI. The company also offers an enterprise edition that can be used as a software as a service product or hosted on premises, and its clients include Airbus, Marriott, Thales, Hermès, Rivian and Bouygues Telecom. .
Filigran is leveraging this success to add other products and create a complete cybersecurity suite called the Extended Threat Management (XTM) Suite.
Another product is OpenBAS, a shore and attack simulation platform. You can use OpenCTI and OpenBAS separately, but using them in conjunction provides a better overview of potential threats.
Filigran is taking advantage of the fact that it’s always easier to launch a second product when your first product is popular. The startup is already working on its third product.
“By 2026, we aim to offer a comprehensive suite of three complementary products, providing end-to-end solutions in risk management that directly address the complex cybersecurity challenges facing modern organizations,” said Co-Founder and C.E. O Samuel Hussain told TechCrunch.
Interestingly, Filigran is also drawing inspiration from GitHub and Hugging Face, which are major hubs for open source software development and artificial intelligence development, respectively. Hussain said Filigran wants to launch the XTM Hub — “a collaborative platform designed to empower the cybersecurity community” — by the end of the year.
“The hub will serve as a central forum where users can access resources, share tradecraft and connect with others in the Filigran ecosystem,” he added.
Insight Partners is leading the Series B round, with existing investors Accel and Moonfire again investing. Apart from product development, a portion of this funding round will be used to expand Filigran’s presence in other regions. The company operates in France, the US and Australia, and plans to expand to Germany, Japan and Singapore.
Credit : techcrunch.com