Filigran secures $35 million for its cyber threat management suite

Startup based in Paris filigree is quickly becoming the subsequent cybersecurity rocket to observe: the corporate just raised $35 million in a Series B round, just just a few months after it raised $16 million in a Series A round.

Filigran’s most important product is OpenCTI, an open-source threat intelligence platform that permits firms or public sector organizations to import threat data from multiple sources and enrich this dataset with information from providers resembling CrowdStrike, SentinelOne or Sekoia.

The open source version OpenCTI has attracted contributions from 4,300 cybersecurity professionals and has been downloaded tens of millions of times. The European Commission, the FBI and the New York Cyber ​​Command use OpenCTI. The company also offers an enterprise version that might be used as software-as-a-service or hosted on-premises, and its customers include Airbus, Marriott, Thales, Hermès, Rivian and Bouygues Telecom.

Filigran used this success so as to add additional products and construct a full-fledged cybersecurity suite called the eXtended Threat Management (XTM) suite.

The next product is OpenBAS, a beach and attack simulation platform. You can use OpenCTI and OpenBAS individually, but using them together provides a greater overview of potential threats.

Filigran takes advantage of the incontrovertible fact that it’s all the time easier to launch a second product when the primary product is popular. The startup is already working on its third product.

“By 2026, our goal is to offer a comprehensive suite of three complementary products that provide end-to-end threat management solutions that directly address the complex cybersecurity challenges facing organizations today,” co-founder and CEO Samuel Hassine told TechCrunch.

Interestingly, Filigran also draws inspiration from GitHub and Hugging Face, major hubs for open source software development and artificial intelligence development, respectively. Filigran goals to launch XTM Hub – “a collaborative platform designed to empower the cybersecurity community” – by the top of the yr, Hassine said.

“The hub will serve as a central forum where users can access resources, share crafts and connect with others in the Filigran ecosystem,” he added.

Insight Partners is leading the Series B round, with existing investors Accel and Moonfire reinvesting. In addition to product development, a part of this funding round can be used to expand Filigran’s presence in other regions. The company operates in France, the USA and Australia, and plans to expand to Germany, Japan and Singapore.