Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, October 12 2022 - 18:07
AsiaNet
€44M SECOND FUNDRAISING FOR TEHTRIS LED BY JOLT CAPITAL TO SUPPORT ITS INTERNATIONAL EXPANSION IN THE FIGHT AGAINST CYBER ATTACKS
PARIS, Oct. 12, 2022 /PRNewswire-AsiaNet/ --

    TEHTRIS, the French software publisher of the TEHTRIS XDR Platform and 
technology leader against cyber espionage and cyber sabotage, announces its 
second round of financing of €44 million (including €36 million in growth 
equity) led by Jolt Capital, a specialist in private equity for responsible 
deeptech companies, accompanied by the historic Series A funds, Tikehau Ace 
Capital, the leading European private equity firm in digital security, Open 
CNP, the corporate venture fund of CNP Assurances, and Nouvelle-Aquitaine 
Co-Investissement (NACO). This is a record breaking second fundraising for 
companies developing eXtended Detection and Response (XDR) technologies.

    TEHTRIS develops and markets the TEHTRIS XDR Platform (eXtended Detection 
and Response) cyber defense solution that detects and neutralizes known and 
unknown cyber threats in real-time and without human action in companies and 
public administrations. This cyberdefence solution is interoperable for 
augmented and hyper automated remediation.

    Founded in 2010 by Éléna Poincet and Laurent Oudot, leaders in the fields 
of operational and technical intelligence, TEHTRIS employs more than 260 people 
in Europe. Since its €20M Series A financing in November 2020, TEHTRIS has 
created 220 jobs in France and Europe and opened subsidiaries in Germany, 
Spain, Japan, and Canada to meet its ambition to build a true global digital 
trust thanks to its TEHTRIS XDR Platform technology and its 24/7 "Follow the 
Sun" business and technical support.

    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, as well as developing its 
sales forces, at the service of its customers and partners. The objective is to 
help companies worldwide to fight against cyber-aggressions such as data 
hacking or ransomware.

    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' innovative sensors support operated security service 
provider partners, who monitor millions of IP addresses and analyze tens of 
billions of events on systems, networks, and the cloud every week.

    Contact:
    contact@mascaret.eu

    Logo: https://mma.prnewswire.com/media/1919207/TEHTRIS_New_Logo.jpg

    Source: Tehtris
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