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Filigran, maker of OpenCTI, secures $16 million for cybersecurity suite.

ByYasmeeta Oon

Mar 1, 2024

Filigran, maker of OpenCTI, secures $16 million for cybersecurity suite.

In the heart of Paris, a burgeoning cybersecurity startup named Filigran is making waves with its innovative approach to threat management. Leveraging the success of its flagship product, OpenCTI, Filigran has embarked on a journey to build a comprehensive suite of open-source threat management solutions. This move has not only garnered attention from the cybersecurity community but has also attracted substantial investment, signaling a promising future for the startup.

Securing the Digital Frontier: Filigran’s Journey Begins

At the forefront of Filigran’s product lineup is OpenCTI, an open-source threat intelligence platform that has quickly become a cornerstone for cybersecurity teams worldwide. By allowing users to aggregate and analyze threat data from a plethora of sources through a single interface, OpenCTI has established itself as a vital tool in the arsenal of organizations fighting against cyber threats.

  • A Modular Approach to Cybersecurity: OpenCTI’s success is largely attributed to its modular design, enabling customers to seamlessly integrate data from leading threat intel providers like CrowdStrike, SentinelOne, and Sekoia.
  • Visualization and Context: Beyond data aggregation, OpenCTI excels in presenting data in a structured manner, supporting relationships between entities and offering diverse visualization options to enhance threat investigation processes.

Filigran’s innovation has caught the eye of the investment community, leading to a significant funding round of €15 million, led by Accel, with Moonfire Ventures and Motier Ventures also participating. This financial infusion is a testament to the market’s confidence in Filigran’s vision and its capabilities to transform the cybersecurity landscape.

Expanding the Arsenal: Filigran’s Strategic Growth

Building on the foundation laid by OpenCTI, Filigran has not rested on its laurels. The startup has ambitious plans to expand its product suite, aiming to emulate the success stories of industry giants like CrowdStrike and Palo Alto Networks.

  • OpenBAS: Bridging the Gap with Attack Simulations: The introduction of OpenBAS, an attack simulation platform, marks Filigran’s foray into the realm of cybersecurity training and preparedness. By creating realistic exercise scenarios, OpenBAS enhances an organization’s ability to defend against and respond to cyber threats effectively.
  • A Comprehensive Suite for Extended Threat Management: Filigran’s vision extends beyond individual products. The company is in the process of developing a suite of interconnected tools that promise to offer unparalleled insight and control over cybersecurity threats, including data-driven risk analysis and crisis management solutions.

Transforming Vision into Reality: Filigran’s Strategic Milestones

The journey from a side project to a burgeoning startup has been nothing short of remarkable for Filigran’s founders, Samuel Hassine and Julien Richard. Their dedication and expertise have propelled OpenCTI to remarkable heights, with the platform amassing over 4,000 GitHub stars and 10 million downloads.

  • A Growing Customer Base: Filigran’s approach has resonated well with the market, attracting over a hundred paid customers, including prestigious names like Marriott, Thales, Airbus, and notable government agencies such as the FBI and the European Commission.
  • Scaling for the Future: With a current workforce of 40, Filigran is on a strategic path to expansion. The company plans to establish a presence in the U.S. and aims to increase its employee count to 70 by year-end, underscoring its commitment to driving innovation in the cybersecurity domain.

Filigran’s Funding and Product Evolution

Funding Round€15 million led by Accel
Flagship ProductOpenCTI, an open-source threat intelligence platform
Product ExpansionIntroduction of OpenBAS and plans for two more products
Strategic GrowthExpansion into the U.S. and scaling the team to 70 employees

Looking Ahead: Filigran’s Place in Cybersecurity’s Future

The cybersecurity landscape is evolving at an unprecedented pace, driven by the increasing sophistication of threats and the digital transformation of global economies. In this context, Filigran’s mission to provide open-source, comprehensive threat management solutions is not just innovative; it’s essential.

  • Bridging Technical and Strategic Gaps: Filigran’s suite is designed to offer a consolidated view of an organization’s threat environment, encompassing both technical and strategic aspects. This holistic approach enables better threat detection, incident response, and risk analysis.
  • From Side Project to Industry Innovator: The transition of OpenCTI from a side project to a pivotal product in Filigran’s portfolio exemplifies the startup’s journey from concept to industry recognition. The platform’s widespread adoption and the company’s strategic expansions are testaments to its potential to reshape cybersecurity practices.

As Filigran continues to grow and evolve, its contribution to the cybersecurity industry cannot be understated. The company’s commitment to innovation, bolstered by significant investment and a growing suite of products, positions it as a key player in the ongoing battle against cyber threats. With a clear vision and a dedicated team, Filigran is set to not only navigate the challenges of the digital age but to lead the charge in securing our digital world for the future.

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Featured Image courtesy of DALL-E by ChatGPT

Yasmeeta Oon

Just a girl trying to break into the world of journalism, constantly on the hunt for the next big story to share.