Paris-based cybersecurity startup Filigran has made headlines by securing $35 million in a Series B funding round aimed at accelerating the development and deployment of its comprehensive cybersecurity suite. This significant funding achievement comes shortly after a successful $16 million Series A funding earlier this year, underscoring the company’s rapid growth in the ever-evolving cybersecurity landscape.
| Table of Contents |
|---|
| Funding Details |
| Filigran’s Key Product – OpenCTI |
| Expansion of Product Suite |
| Development of XTM Hub |
| Global Expansion Plans |
| Conclusion |
Funding Details
The Series B funding round has allowed Filigran to raise $35 million, demonstrating strong investor confidence in its innovative approach to cybersecurity. Led by Insight Partners, this funding round also saw the participation of previous investors, including Accel and Moonfire. The fresh capital will be instrumental in fueling Filigran’s growth, particularly as the company looks to enhance its product offerings and expand its global presence.
Filigran’s Key Product – OpenCTI
At the heart of Filigran’s offerings is its flagship product, OpenCTI, an open-source threat intelligence platform that allows organizations to import and enrich threat data from multiple intelligence providers such as CrowdStrike, SentinelOne, and Sekoia. OpenCTI has witnessed substantial uptake, with contributions from over 4,300 cybersecurity professionals and millions of downloads, reflecting its importance in the cybersecurity ecosystem.
Notably, OpenCTI has been integrated by respected organizations including the European Commission, FBI, and New York City Cyber Command, showcasing the platform’s effectiveness and reliability. Additionally, Filigran provides an enterprise version of OpenCTI, which is available as both a Software as a Service (SaaS) and on-premises solution, attracting high-profile clients such as Airbus, Marriott, and Thales.
Expansion of Product Suite
In addition to OpenCTI, Filigran is expanding its product suite with new tools such as OpenBAS, a breach and attack simulation platform. These offerings are part of Filigran’s comprehensive eXtended Threat Management (XTM) suite, designed to provide organizations with a holistic approach to threat management. Looking ahead, Filigran is committed to developing a third product by 2026, which aims to complete its threat management solution.
Development of XTM Hub
Filigran is also working on the creation of the XTM Hub, a collaborative platform tailored for the cybersecurity community. This initiative aims to replicate the success of platforms like GitHub and Hugging Face, providing essential resources and facilitating knowledge-sharing among cybersecurity professionals. The launch of XTM Hub is expected by the end of this year, signaling Filigran’s commitment to empowering the cybersecurity community.
Global Expansion Plans
With the recent funding boost, Filigran has set ambitious goals for expansion into new markets, particularly aiming to establish a presence in Germany, Japan, and Singapore. Currently, the company operates primarily in France, the United States, and Australia, and this strategic expansion is intended to enhance its global footprint and serve a broader range of clients.
Conclusion
The $35 million Series B funding round not only solidifies Filigran’s financial backing but also paves the way for the startup to enhance its product development and reach new markets. As cybersecurity threats continue to evolve rapidly, the demand for robust and adaptive security solutions like those offered by Filigran will only increase, positioning the company for a bright future in the cybersecurity sector. By focusing on innovating solutions and fostering community collaboration, Filigran is poised to become a leader in cybersecurity innovation.
FAQ
- What is Filigran’s flagship product? Filigran’s flagship product is OpenCTI, an open-source threat intelligence platform.
- Who are the main investors in Filigran? The main investors in Filigran include Insight Partners, Accel, and Moonfire.
- What are Filigran’s plans for global expansion? Filigran plans to expand into Germany, Japan, and Singapore while continuing its operations in France, the United States, and Australia.
