The security company, TEHTRIS, has raised a second round of financing of 44 million euros (including €36 million in growth capital) led by Jolt Capital. Also participating in the management are series A funds, Tikehau Ace Capital, the European private equity leader in digital security, Open CNP, the CNP Assurances corporate venture fund, and Nouvelle-Aquitaine Co-Investissement (NACO). This is a second record fundraising for companies developing extended detection and response (XDR) technologies.
TEHTRIS develops and markets the cyber defense solution, TEHTRIS XDR Platform (eXtended Detection and Response) that detects and neutralizes known cyber threats and unknown in real time and without human intervention in companies and public administrations. This cyber defense solution is interoperable for hyper-automated, augmented remediation.
Founded in 2010 by Elena Poincet and Laurent Oudot leaders in the fields of operational and technical intelligence, TEHTRIS employs more than 260 people in Europe. Since its €20 million Series A funding in November 2020, TEHTRIS has created 220 jobs in France and Europe and opened subsidiaries in Germany, Spain, Japan and Canada with the aim of fulfilling its ambition to build a true global digital trust thanks to the TEHTRIS XDR Platform technology and its 24/7 “Follow the Sun” technical and commercial support.
The funds raised as growth equity are intended to accelerate the development of the company by continuing with its policy of massive hiring (300 jobs are being created), constant innovation in the development of solutions, as well as the growth of its forces. sales, at the service of its customers and partners. The goal is to help companies around the world fight cyber attacks, such as data hacking or ransomware.
«We are delighted with this new step in our development to bring the excellence of French technology to the world, at the service of European digital autonomy. As a company with a mission, we and our teams are committed to protecting cyberspace so that it becomes a trusted environment for the future. As lead actor in the field of cybersecuritywe also have an economic role and we are creating 300 new jobs”, says Éléna Poincet, CEO of TEHTRIS. «The impact of cyber threats 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, at the service of our international clients, major players in industry, engineering and services”.
«There have never been so many successful cyberattacks and intrusions on the planet. This growth equity contribution supports our strategy of research and development and constant innovation in the ongoing arms race. The speed of defenders will be one of the key factors in the resilience of digital infrastructures.” explains Laurent Oudot, CTO of TEHTRIS. «The detection and analysis remain an important foundation, but the pandemic period followed by unprecedented international tensions has shown that the response to threats requires solutions that minimize response time and a global vision of the threats in the face of data hacking and numerous ransomware”.
«Tikehau Ace Capital is very proud to accompany the spectacular development of TEHTRIS since 2020 and to continue with Jolt Capital its support of founders Éléna and Laurent. Creating European leaders in cybersecurity is a priority of our investments and we intend to continue to be a trusted partner of the company. Today, TEHTRIS demonstrates all the qualities necessary for a successful transition to scale: the experience of the teams that detect and neutralize the most sophisticated computer attacks, the company’s global positioning and the support of renowned partners allow it to accompany its clients globally»adds François Lavaste, CEO of Tikehau Ace Capital.
