Sekoia.io, a leading European cybersecurity software-as-a-service (SaaS) company, announced today that it had raised €35 million in a Series A funding round. The investment was led by Banque des Territoires and Bright Pixel, along with participation from Omnes Capital, Seventure, and BNP Paribas Développement, the company’s existing investors. This new capital infusion will enable Sekoia.io to further expand its operations and solidify its position as a global leader in the rapidly evolving field of cyber defense.
Founded by CEO Freddy Milesi, Sekoia.io is on a mission to develop cutting-edge protection capabilities against cyber-attacks. Its flagship product, the Sekoia.io XDR (eXtended Detection & Response) platform, empowers security teams to detect and respond to cyber threats in real time, ensuring the utmost security for businesses and organizations.
Since its public launch in 2020, Sekoia.io has garnered significant recognition and trust from major players in the industry. Security teams have successfully deployed the platform’s advanced technology at prominent CAC40 companies, large European and French administrations, and major managed security service providers. This latest round of funding, coupled with the continued support of its investors and partners, will enable Sekoia.io to broaden the distribution of its innovative technology and solidify its position as the go-to solution for cyber detection and response in Europe.
Speaking about the investment, CEO Freddy Milesi expressed his gratitude and vision for the future: “We are thrilled to have the backing of our investors and partners, who share our belief in the transformative power of our technology. With this funding, we aim to widely distribute our innovative platform and become the leader in cyber detection and response across Europe.”
Sekoia.io is focused on two core strategic areas: deepening its knowledge of emerging threats and automating defense capabilities. By staying at the forefront of threat intelligence and leveraging automation technologies, the company ensures that its platform remains ahead of the ever-evolving cyber landscape.
The company’s commitment to excellence and customer satisfaction has driven its impressive growth trajectory. With approximately 100 employees currently on board, Sekoia.io has experienced a remarkable 250% increase in turnover over the past two years. Looking ahead, the company aims to protect over 3.5 million employees throughout Europe within the next 24 months.
Sekoia.io prides itself on prioritizing interoperability and standards enforcement in its development process. The company recognizes that effective cybersecurity protection should enable customers to fully utilize their existing technologies, fostering a seamless integration of security measures.
With this new funding, Sekoia.io is well-positioned to accelerate its expansion plans and bolster its international footprint. The company’s commitment to innovation and its robust platform make it an essential player in the fight against cyber threats, safeguarding organizations across various sectors and industries.