Filigran, a leading European cybersecurity startup, has just secured a significant €15 million in Series A funding, spotlighting the critical role of open-source technology in cybersecurity’s future. This financing round, spearheaded by the renowned venture capital firm Accel, represents a crucial phase in Filigran’s journey, empowering the firm to substantially expand its Extended Threat Management (XTM) suite. Coming after a solid €5 million seed investment, this new funding round is a testament to Filigran’s rapid growth and the increasing trust in open-source technologies as foundational to cybersecurity strategies.
Championing Open-Source for Comprehensive Cyber Defense
With an innovative approach, Filigran harnesses open-source technology to develop state-of-the-art cybersecurity tools such as OpenCTI for streamlined threat intelligence and OpenBAS for cyber-attack simulations. These tools have gained the confidence of over 4,200 entities globally, including major players like Marriott and the FBI, underlining the widespread endorsement and efficacy of Filigran’s solutions. The platform’s adaptability, ease of integration, and cost-effectiveness underscore a broader movement towards transparent, collaborative cybersecurity methodologies.
Fueling Advanced Threat Intelligence Capabilities
The recent capital boost from Accel, with additional support from Moonfire Ventures and Motier Ventures, sets the stage for an accelerated enhancement of the Filigran XTM suite. This suite is intricately designed to equip organizations with sophisticated tools for organizing, analyzing, and applying threat intelligence effectively. By offering features that support stress testing and proactive threat management, Filigran is at the forefront of empowering organizations to bolster their cyber defenses.
Emphasizing Innovation Through Collaboration
Filigran’s dedication to open source goes beyond technology; it’s about cultivating a worldwide network of cybersecurity experts committed to advancing data protection and security collaboratively. The platform’s adherence to global standards and its effectiveness in facilitating crisis simulations and breach exercises solidify its status as a trusted and forward-thinking cybersecurity solution.
Open-Source: Shaping the Future of Cybersecurity
The widespread adoption of Filigran’s platform, including by esteemed organizations like the FBI, signifies a shifting confidence towards open-source solutions in the cybersecurity realm. As the industry evolves, the significance of open-source technology in crafting resilient, collaborative, and cost-efficient cybersecurity defenses is ever more apparent. Backed by prominent investors and trusted by global institutions, Filigran is poised to redefine cybersecurity practices, heralding a safer, more cooperative digital age.
