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OpenCTI maker Filigran raises $16 million for its cybersecurity risk administration suite

Paris-based cybersecurity startup Filigran is capitalizing on the success of OpenCTI to construct a collection of open-source risk administration merchandise. The corporate has already discovered some early traction with OpenCTI, its open-source risk intelligence platform.

That’s why the corporate lately raised €15 million (round $16 million at as we speak’s trade price) in a funding spherical led by Accel with present traders Moonfire Ventures and Motier Ventures additionally collaborating.

Filigran’s first product is OpenCTI. It’s a risk intelligence platform that permits you to collect risk information from a number of sources in a single interface. Because of its modular method, prospects can use connectors to import and enrich information from numerous sources, together with risk intel information suppliers comparable to CrowdStrike, SentinelOne or Sekoia. In that sense, OpenCTI is a bring-your-own-data product.

After that, cybersecurity groups can discover the dataset in a structured manner. OpenCTI helps relationships between entities, which provides some a lot wanted context when investigating a risk. The platform additionally presents other ways to visualise your information.

In different phrases, it has grow to be an necessary device for cybersecurity groups that handle incidents day-after-day and that can be utilized as an alternative choice to ThreatQuotient, Anomali or EclecticIQ.

“This software product is designed to give you an overview of your entire threat environment. More importantly, it’s not limited to technical or non-technical elements. It’s really a consolidated view of your threat environment, from the most technical and low-level elements to the most strategic ones,” co-founder and CEO Samuel Hassine instructed me.

“So you’ll find information that will help you get better at threat detection of course — improve your response to security incidents — but also improve your risk analysis as a CISO.”

From an open-source facet venture to 70 workers

Samuel Hassine and his co-founder Julien Richard first began engaged on OpenCTI a number of years in the past, effectively earlier than the inception of Filigran. Hassine spent a number of years working for France’s ANSSI cybersecurity company after which Tanium, whereas Richard spent a number of years main engineering groups engaged on data-driven merchandise.

At first, OpenCTI was only a facet venture. However the duo determined to construct a startup round this product. Along with amassing greater than 4,000 stars on GitHub and 10 million downloads for the open-source version of OpenCTI, Filigran already has greater than 100 paid prospects, together with Marriott, Thales, Airbus, but in addition the FBI, the European Fee and the Dutch police.

These prospects pay for the enterprise version of OpenCTI, which can be utilized as a hosted software-as-a-service product or on-premise with an enterprise license. Now, Filigran desires to comply with CrowdStrike’s or Palo Alto’s examples and construct a portfolio of cybersecurity merchandise.

Filigran’s second product is OpenBAS, an assault simulation platform that was beforehand referred to as OpenEX. OpenBAS can be utilized to create train situations throughout a number of communication channels, comparable to emails and textual content messages. Every thing is then logged in OpenBAS in an effort to evaluate the targets and the way the corporate carried out towards these targets.

OpenBAS can be utilized as a standalone product, however it works higher should you’re already utilizing OpenCTI as it could possibly use the risk intelligence information in OpenCTI. There will likely be one other two merchandise in Filigran’s eXtended Menace Administration (XTM) product suite that concentrate on data-driven danger evaluation and disaster administration.

Picture Credit: Filigran

“The vision that Julien and I have for the XTM Suite is a suite with four products that interact with each other so that they become more useful. You can use each one separately, but when you use the whole suite, it creates a lot of value,” Hassine mentioned.

Proper now, there are 40 folks working for Filigran. The corporate plans to create a workforce within the U.S. and develop to 70 workers by the top of the 12 months.

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