TEHTRIS Raises €44 Million in Funding  

by Kay Aloha Villamor in October 13th, 2022

TEHTRIS, a Paris, France-based software publisher of the TEHTRIS XDR Platform, announced its second round of financing of €44 million (including €36 million in growth equity).

The round was led by Jolt Capital, a specialist in private equity for responsible deeptech companies, and joined by Tikehau Ace Capital, the leading European private equity firm in digital security, Open CNP, the corporate venture fund of CNP Assurances, and Nouvelle-Aquitaine CoInvestissement (NACO).

The funds raised in growth equity are intended to accelerate the company's development by continuing massive recruitment (300 jobs being created), constant innovation in the development of solutions, and developing its sales forces at the service of its customers and partners. 

"We are delighted with this new step in our development to bring the excellence of French technology to the world, in the service of European digital autonomy. As a company with a mission, we are committed with our teams to protect cyberspace so that it becomes an environment of trust and the future. As a major player in cybersecurity, we also have an economic role and are creating 300 new jobs," introduces Éléna Poincet, CEO of TEHTRIS, "The impact of cyberthreats goes far beyond the digital world and borders. Our deployment in Asia (Hong Kong, Japan), America (Canada), and Europe (Spain, Germany) completes the initial core in France, serving our international customers, major players in industry, engineering, and services."

TEHTRIS aims to help companies worldwide fight against cyber-aggressions such as data hacking or ransomware.

Company: TEHTRI-Security, SAS

Raised: €44.0M

Round: Growth Equity

Funding Month: October 2022

Lead Investors: Jolt Capital

Additional Investors: Tikehau Ace Capital, Open CNP, the corporate venture fund of CNP Assurances, and Nouvelle-Aquitaine CoInvestissement

Company Website: https://tehtris.com/

Software Category: Cybersecurity Solutions

About the Company: Founded in 2010 by Éléna Poincet and Laurent Oudot, TEHTRIS is a cybersecurity solutions provider and European technology leader in the fight against cyber espionage and cyber sabotage. It is also the publisher of the TEHTRIS XDR Platform, an automatic, real-time, non-human-neutralization-of-cyber attack. With its "Security & Ethics by Design" engineering, this solution provides cybersecurity specialists with a holistic view of their infrastructure while guaranteeing the confidentiality of their data. The TEHTRIS XDR Platform protects the digital territory of its customers in more than 120 countries, providing an extended capability to detect and respond to security incidents. Interoperable, the platform replaces some of the limited traditional products by orchestrating different cybersecurity solutions with its artificial intelligence, behavioral analysis engine, and real-time updated threat database (Cyber Threat Intelligence) for augmented and hyper-automated remediation.TEHTRIS is constantly on the lookout for cybercrime and listens to its customers, helping them to reduce risks as much as possible and to deal with the unexpected. Since its €20 million Series A financing in November 2020, TEHTRIS has created 220 jobs in France and Europe and opened subsidiaries in Germany, Spain, Japan, and Canada.

Source: TEHTRIS Press Release

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