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Cybersecurity Funding

European Cybersecurity Firm Raises $37.5 Million

European XDR and threat intelligence provider has raised €35 million ($37.5 million) in Series A funding.

European cybersecurity firm on Wednesday announced that it has raised €35 million (roughly $37.5 million) in Series A funding, which brings the total raised by the company to €45 million ($48.2 million).

Banque des Territoires, Bright Pixel (former Sonae IM), and previous investors BNP Paribas Développement, Omnes Capital, and Seventure participated in the funding round.

Launched in 2020, the Paris, France-based offers a security-as-a-service (SaaS)  platform to help organizations identify and react to emerging threats in real time. offers a SOC platform that combines XDR capabilities with cyber threat intelligence to monitor for ransomware and other types of malicious attacks.

The platform also offers interoperability, integrating with customers’ existing cybersecurity solutions for single-place control. currently has roughly 100 employees and is looking to expand its presence in new markets.

“Thanks to the confidence of our investors and partners, we now wish to widely distribute our innovative technology in order to become the leader in cyber detection and response in Europe,” CEO Freddy Milesi said.

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Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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