Paris-based cybertech company Filigran said it completed a Series C funding round worth $58 million, bringing its total fundraising to over $100 million in just three years of existence.
This fundraising was led by Eurazeo’s Growth team, part of the European investment group Eurazeo, with the support of Deutsche Telekom (T.Capital) and its long-standing investors Accel and Insight Partners.
Filigran solutions are used by more than 6,000 public and private organizations worldwide.
Filigran’s threat intelligence solutions are used by a growing number of international companies, including Rivian, and Bouygues Telecom. Filigran’s users also include public sector organizations such as the European Commission, the FBI, numerous US and Australian federal agencies, and a number of European institutions.
“One year after the previous round, which raised $35 million, this new fundraising demonstrates strong customer demand for Filigran’s solutions across the world, leading to strong revenue growth …” said Filigran.
“This financing aims to support and accelerate Filigran’s growth and expansion into new regions such as the Pacific and the Middle East, with planned expansions into Japan and Saudi Arabia.
“Filigran will also strengthen its presence, expanding US and European markets, with plans to onboard new talent from France and Germany to support its growth and strengthen its collaboration with the open-source community, which has doubled in two years.
“This new round of financing also supports the development of OpenGRC, a third module for Filigran’s platform, that will complement the eXtended Threat Management suite and enable organizations to prioritize their cyber risks and take the most effective actions first.
“Filigran will accelerate its integration of AI with the creation of an AI Agent platform, XTM One, and strengthen its R&D teams at OpenCTI and OpenBAS to drive the continued development of these long-standing solutions.”
Filigran CEO Samuel Hassine said: “This Series C round is an important milestone in Filigran’s journey. We are extremely proud of the collective commitment that brought us here, with one clear mission: enabling organizations everywhere to be more proactive against threats and to leverage intelligence at every level of their security strategy.
“It reflects everyone’s commitment to achieving our mission, which is to make threat intelligence accessible and actionable for all organizations worldwide.”