# TEHTRIS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tehtris

- Industry: IT Security/Cybersecurity
- Headquarters: France
- Website: www.tehtris.com
- Total disclosed funding: $39M
- Latest round: Series B (Jan 3, 2023)
- Investors on record: 4

## About

TEHTRIS is a French cybersecurity firm specializing in advanced protection solutions that combat cyber threats in real-time, ensuring robust security for organizations across various sectors.Founded in 2010 in France by Laurent Oudot and Éléna Poincet, TEHTRIS is a cybersecurity company that provides innovative solutions to safeguard organizations against cyber threats. The company has raised a total of EUR 21.36 million in its latest funding round on January 3, 2023, which was part of a larger EUR 44 million Series B and debt financing, valuing the company at EUR 170.32 million post-money. The company has conducted three notable funding deals to date, with the latest round led by Jolt Capital and supported by investors including Aquiti Gestion and Tikehau Capital.TEHTRIS specializes in cybersecurity solutions, providing a comprehensive suite of products designed to protect organizations from cyber threats in real time through its flagship offering, the TEHTRIS XDR AI PLATFORM. This platform leverages advanced artificial intelligence, specifically its proprietary system named Cyberia, to automatically detect and neutralize cyberespionage and cybersabotage without the need for human intervention. The solutions encompass 24/7 real-time neutralization, endpoint detection and response (EDR), mobile threat defense (MTD), security information and event management (SIEM), network traffic analysis (NTA), and honeypots. TEHTRIS serves a diverse clientele, including critical infrastructures, public administrations, healthcare, banking and insurance, transportation, retail, and education sectors. Its solutions are distributed across various European markets and beyond, catering to organizations seeking robust security measures against the increasing sophistication of cyber threats.TEHTRIS operates on a subscription-based revenue model, generating EUR 6,885,515.50 in revenue for the most recent year reported in 2021, with an EBITDA of EUR -4,249,785.40 for the same period. Clients typically engage with the company for ongoing cybersecurity services, allowing them to integrate TEHTRIS' advanced solutions into their security infrastructures. The company emphasizes its commitment to customer satisfaction, which is reflected in its reported 100% satisfaction rate among clients utilizing its innovative cybersecurity offerings.In January 2023, TEHTRIS raised EUR 21.36 million in growth capital funding to expand its hiring and enhance innovation in solution development. The funding will also support the development of its sales forces to better serve customers and partners. The company plans to design and launch new products in the coming years while targeting specific geographic expansions and markets for growth.

## Funding rounds

- Series B, Jan 3, 2023, $23M — Jolt Capital, Aquiti Gestion, Tikehau Capital, Open CNP
- Series A, Dec 11, 2020, $16M — Aquiti Gestion, Tikehau Capital, Open CNP

## Investors

- Aquiti Gestion (https://capitalatlas.ai/funds/aquiti-gestion) — Series A, Series B
- Tikehau Capital — Series A, Series B
- Open CNP (https://capitalatlas.ai/funds/open-cnp) — Series A, Series B
- Jolt Capital (https://capitalatlas.ai/funds/jolt-capital) — Series B