Sekoia.io Secures €26 Million in Series B to Democratize Threat Detection with AI and Cyber Intelligence 

Sekoia.io, a European expert in cybersecurity technologies and developer of the Sekoia AI-SOC platform, announces it has raised 26 million euros from Revaia, with participation from UNEXO and the support of its existing investors Bright Pixel Capital, Omnes Capital and Bpifrance. This Series B round brings the total fundraising to 60 million euros since the company was founded.

With this funding, Sekoia.io will accelerate upon their proven track record of technological innovation in the field of AI and continue to strengthen their highly ambitious international expansion plans in a context where security operations have grown into a formidable challenge for organizations – too consuming for manual intervention alone and beyond the capacity of even the largest companies to manage independently amidst an environment of evolving threats and technological disruptions.

Founded in 2022, Sekoia.io aims to protect organizations against future cyber threats by bringing high-performance detection technology and automated response at the core of security operations. Sekoia.io’s offering is distinguished by democratizing cybersecurity for organizations of all sizes, from large enterprises to SMEs supported by security providers (MSSP or Managed Security Service Providers). By equipping this MSSP ecosystem with a flexible platform deployable in record time, Sekoia.io allows them to be part of the rapidly growing market of outsourced cybersecurity.

The Sekoia AI-SOC Platform is redefining cyber defense by revolutionizing how Security Operations teams work. Providing a centralized view of an organization’s entire information system, the Sekoia platform:

– Automates the most advanced detections of cyber threats by leveraging an exclusive Cyber Threat Intelligence dataset on both cybercriminal groups and state espionage, produced by one of the most highly regarded private CTI teams in Europe.

– Drastically reduces incident response times by deploying generative and agent-based AI technologies that can learn from, and understand an organization’s security posture. In a market short of talent, the platform empowers SOC Analysts to become significantly more productive, guided by AI, not replaced by it.

– Offers flexibility to companies by focusing on an open and collaborative approach. Whether migrating SIEMs or building a brand new security stack, the platform’s interoperability with third-party solutions (over 200 native integrations) allows for maximizing the return on past investments.

Based in four European countries, Sekoia.io has over a hundred employees and around fifty MSSP partners. Among its clients are major groups such as EDF, Vinci, SNCF, Mirakl, Marlink, and the French Ministry of Armed Forces. The company aims to become the leader in the emerging market of AI-Native Security Platform for managed SOCs.

The cybersecurity market is undergoing rapid change, driven by the rise of sophisticated threats and regulatory developments such as the NIS2 directive in Europe, which imposes stricter cybersecurity requirements on organizations. The MSSP market is experiencing significant growth and is expected to reach $52.9 billion by 20281. By specifically targeting this segment, Sekoia.io is adopting a differentiating approach that allows it to scale quickly through an indirect distribution model.

With this fundraising, Sekoia.io plans to:

– Strengthen its AI and automation capabilities to address the cybersecurity talent shortage.

– Accelerate its expansion in various regions beyond Europe to replicate the repeatable business model successfully deployed in France.

– Multiply its partnerships with MSSPs to democratize access to high performance cybersecurity for companies of all sizes.

Revaia is a leading investor in sustainable innovation, partnering with mission-driven entrepreneurs with global ambitions and sustainable leadership. With the support of major institutions, such as the European Investment Fund, Revaia helps growth-stage companies navigate their entire life cycle from Series B to IPO or buyout. Revaia builds bridges between venture, private equity, and public markets and supports entrepreneurs who are working to transform the world for the better. With offices in Paris, London, and Berlin and a presence in North America, its diverse team brings hands-on expertise and unique ESG know-how to the most promising technology scale-ups. Revaia is very proud to be supporting companies such as Acorns, Algolia, Aircall, Coralogix, Deepki, Epsor, Frontify, Deepki, FASST, Hublo, Kaiko, Mews, Planity, Platform.sh, Welcome to the Jungle, and Yubo.

UNEXO, a management company of the Crédit Agricole group, supports managers and entrepreneurs in the Greater West region. UNEXO’s financing offerings are aimed at SMEs, mid-cap companies, and startups: development, transfer, mezzanine, debt funds, and innovation. Its mission is to contribute to regional economic dynamism by maintaining decision-making centers and jobs. UNEXO holds a minority stake in over 100 companies. Key figures: €700 million in investment capacity, four offices, and over 300 companies supported since 1993.

Bpifrance Investissement is the management company that handles Bpifrance’s equity investments. Bpifrance is the French national investment bank: it finances businesses – at every stage of their development – through loans, guarantees, equity investments and export insurances. Bpifrance also provides extra financial services (training, consultancy) to help entrepreneurs meet their challenges (innovation, export…).