Paris-based Sekoia.io, a cybersecurity SaaS company, announced on Wednesday, May 24, that it has raised €35M from Banque des Territoires, Bright Pixel (former Sonae IM), and its historical investors Omnes Capital, Seventure, and BNP Paribas Développement.
The announcement comes three years after raising €10M in 2020.
Sekoia.io says the capital infusion will help continue its expansion and to develop its international footprint.
Freddy Milesi, CEO of Sekoia.io, says, “Since the public launch of our platform in 2020, Sekoia.io’s technology has proven its worth to the security teams of major CAC40 companies, large European and French administrations, as well as major players in managed security services.”
Sekoia.io: Developing best protection against cyber attacks
The company’s intelligence-led operational security SaaS platform acts as a control tower for effective, real-time detection and response to cyber threats.
Sekoia.io focuses all its research and development efforts on two major strategic axes – knowledge of threats and the automation of defense capabilities.
The company employs 100 people and has recorded 250 per cent growth in turnover over each of the last two years.
The company aims to protect more than 3.5M employees throughout Europe within 24 months.
Bright Pixel Capital, a technology investment arm of the multinational group Sonae, focuses on cybersecurity, digital infrastructure, and retail technologies.
It has a portfolio of more than 50 companies, from early to growth stages.
Fernando Martins, Director at Bright Pixel, says, “This investment in Sekoia.io is mainly driven by their experienced team, innovative technological approach, and strong international ambition. The combination of technical expertise and industry knowledge will position the company for success in the long term. As active and global investors, we are excited to partner with actors like Sekoia.io to help them with their international expansion.”
“We bring our expertise and network to help them navigate new markets and expand their reach. We believe that Sekoia.io has the potential to make a significant impact in the cybersecurity sector, and we are thrilled to be a part of their journey,” adds Martins
Banque des Territoires is one of the five business lines of Caisse des Dépôts. As a single point of entry for customers, it offers tailored advisory and financing solutions for loans and investments to meet the needs of local authorities, social housing bodies, local public companies, and the legal professions.
Cédric Clement, Head of the Cybersecurity and Digital Sovereignty investment cluster at Banque des Territoires, says “We are delighted to be a shareholder of Sekoia.io. We believe its innovative and unifying approach is essential for the cyber ecosystem, an approach reinforced by initiatives such as the Open XDR Platform, and we are delighted to contribute to supporting this sector of French excellence, in line with our commitment to digital sovereignty.”