By admin 
French cybersecurity startup Filigran SAS is looking to expand its presence in the US after closing a $35 million Series B funding round.
Today’s round was led by Insight Partners and included participation from existing backers Accel and Moonfire, and comes just eight months after the company raised $16 million in a Series A investment.
Founded in 2022 by Chief Executive Officer Samuel Hassine and Chief Technology Officer Julien Richard, Filigran is the creator of a comprehensive threat management or XTM platform which contains two open source tools, OpenCTI And OpenBAS. It aims to help organizations better understand the threat environment they face and stress test their most critical infrastructure so they can anticipate incidents in advance and design their security systems accordingly. The platform also allows companies to detect attacks as they happen and respond in real time.
The company uses the OpenCTI instrument to structure and operationalize holistic threat information OpenBAS is used to simulate attacks based on the insights it uncovers.
OpenBAS is an open-source breach and attack simulator designed to help organizations assess the effectiveness of their security measures in real time. By simulating a wide range of cyber attacks, such as insider threats, lateral movement and data exfiltration, OpenBAS enables continuous testing of an organization’s security posture. The platform uses agents and virtual machines to run these simulations without disrupting normal business operations, providing accurate and continuous vulnerability assessments.
Filigran’s platform features other capabilities based on the startup’s proprietary technologies, including threat-driven risk assessment tools, giving companies a comprehensive platform they can use to proactively address cyber threats.
According to the startup, it has already experienced significant growth in Europe, with its platform used by companies such as Airbus SE, Marriott International Inc., Thales SA, Hermès International SA, Rivian Automotive Inc. and Bouygues Telecom SA. In addition, Filigran has enjoyed strong traction with public sector agencies such as the European Commission, the Federal Bureau of Investigation, the New York City Cyber Command, the National Police Corps and several other US and Australian agencies.
Crissy Costa Behrens, director of Insight Partners, said she was impressed by Filigran’s rapid progress over the past year.
“In a short time, it has managed to change the way security teams think about threat intelligence,” she said. “The open-source XTM suite allows users to proactively defend themselves against potential attackers.”
Going forward, Filigran said the funding will be used to accelerate the global expansion of its platform, with a focus on the US and Asia Pacific, and to support further product innovation.
Image: Filigran
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