Filigran Secures $35 Million to Enhance Cybersecurity Threat Management Suite
Filigran, a Paris-based cybersecurity startup, has recently secured $35 million in a Series B funding round, following a successful $16 million Series A earlier this year. This funding will bolster the development of its innovative cybersecurity solutions and expand its market presence.
Filigran's flagship product is OpenCTI, an open-source threat intelligence platform that allows organizations to import and enrich threat data from various sources. This platform has gained significant traction, with contributions from over 4,300 cybersecurity professionals and millions of downloads. Notable users include the European Commission, the FBI, and New York City Cyber Command. In addition to the open-source version, Filigran offers an enterprise edition that can be utilized as a Software-as-a-Service (SaaS) or hosted on-premises, serving clients such as Airbus, Marriott, and Hermès.
Building on the success of OpenCTI, Filigran is expanding its product lineup with the eXtended Threat Management (XTM) suite, which includes another innovative tool called OpenBAS. This beach and attack simulation platform enhances the threat management capabilities when used in conjunction with OpenCTI. Co-founder and CEO Samuel Hassine has articulated the company's vision: “By 2026, our goal is to offer a comprehensive suite of three complementary products, providing end-to-end solutions in threat management that directly address the complex cybersecurity challenges faced by modern organizations.”
Filigran is also looking to foster community engagement by launching XTM Hub, a collaborative platform modeled after GitHub and Hugging Face. This hub aims to empower the cybersecurity community by providing a space for users to access resources, share knowledge, and connect within the Filigran ecosystem.
The Series B round is led by Insight Partners, with participation from existing investors Accel and Moonfire. The funds will not only support product development but also facilitate Filigran's expansion into new markets, including Germany, Japan, and Singapore. As Filigran continues to innovate and grow within the cybersecurity landscape, its commitment to open-source solutions and community collaboration positions it as a significant player in addressing modern cybersecurity challenges.
Filigran is a rapidly growing cybersecurity startup based in Paris, established in 2022. It specializes in providing open-source solutions for threat intelligence management, adversary simulation, and crisis response. The company aims to empower cybersecurity and crisis management teams globally with innovative software tools.
Filigran’s product suite includes:
The company plans to launch XTM Hub, a collaborative platform inspired by GitHub, aimed at fostering community engagement among cybersecurity professionals. This hub will serve as a resource-sharing space where users can connect and collaborate within the Filigran ecosystem.
Filigran has formed strategic alliances with industry leaders such as Recorded Future to enhance its offerings. This collaboration integrates real-time threat intelligence into OpenCTI, providing users with actionable insights for better decision-making.
Filigran's co-founder and CEO Samuel Hassine has expressed ambitions to develop a comprehensive suite of three complementary products by 2026. This vision underscores the company's commitment to addressing complex cybersecurity challenges faced by modern organizations. With its innovative approach and robust product suite, Filigran is positioning itself as a significant player in the cybersecurity landscape, dedicated to enhancing organizational resilience against cyber threats.