{"id":17061,"date":"2022-10-13T15:31:03","date_gmt":"2022-10-13T13:31:03","guid":{"rendered":"https:\/\/www.joffeassocies.com\/cybersecurity-tehtris-lands-one-of-the-biggest-fundraisings-in-france\/"},"modified":"2026-10-01T10:00:45","modified_gmt":"2026-10-01T08:00:45","slug":"joffe-associes-advised-tehtris-on-its-e44-million-fundraising-round","status":"publish","type":"post","link":"https:\/\/www.joffeassocies.com\/en\/joffe-associes-advised-tehtris-on-its-e44-million-fundraising-round\/","title":{"rendered":"Joffe & Associ\u00e9s advises Tehtris on its \u20ac44 million fundraising round"},"content":{"rendered":"

Les Echos article, By Anne Drif, Published on Oct. 12, 2022 at 9:00 a.m. Updated on Oct. 13, 2022 at 9:45 a.m. <\/a><\/p>\n

 <\/p>\n

Nothing stops Tehtris, the cyberthreat-fighting expert founded by former members of the Direction g\u00e9n\u00e9rale de la s\u00e9curit\u00e9 ext\u00e9rieure (DGSE), France’s external intelligence agency. The start-up has landed one of the biggest fundraisings of the year in French cybersecurity, at \u20ac44 million. This financing comes just two years after a \u20ac20 million funding round<\/a>.<\/p>\n

Once again, Tehtris has done without Anglo-Saxon venture capital funds: the start-up keeps its French DNA with the arrival of Jolt Capital, the lead investor in this round, alongside its historical backers: Tikehau Ace Capital, CNP Assurances, Nouvelle-Aquitaine Co-Investissement and business angels. The founders, El\u00e9na Poincet<\/a>, who came from the Action service of the external intelligence service, and Laurent Oudot, formerly of the technical directorate, remain in control.<\/p>\n

 <\/p>\n

Sovereign solution<\/strong><\/h4>\n

 <\/p>\n

Tehtris’ goal is to accelerate its grip on international markets, in the face of very aggressive American and Israeli-American competitors such as CyberHorizon or SentinelOne, by recruiting 300 people within two to three years. After Europe, the cyber gem is targeting Canada and Japan as early as December.<\/p>\n

“Our roadmap is to give European companies and government agencies autonomy in their fight against hacking, espionage and data theft. We are expanding internationally as an alternative to Anglo-Saxon or affiliated solutions. Our solution acts as a trusted third party,” says El\u00e9na<\/p>\n

“Tehtris is the only player with global potential capable of competing with non-European players and helping to offer a sovereign solution,” states Guillaume Girard, Managing Partner at Jolt Capital.<\/p>\n

This trajectory is in line with that of the Minister Delegate for Digital Affairs, Jean-No\u00ebl Barrot<\/a>, who wants to triple the revenue of the cybersecurity sector by 2025, see three unicorns emerge and create 37,000 jobs. As of the end of June 2022, according to a study by Wavestone Bpifrance<\/a>, the amounts raised by cybersecurity start-ups and scale-ups, some 180 in France, have increased more than sixfold in one year, to \u20ac630 million.<\/p>\n

 <\/p>\n

An underfunded sector in France<\/strong><\/h4>\n

 <\/p>\n

Historically underfunded, the sector is maturing. Mailinblack<\/a>, a software publisher that protects email inboxes, announced in mid-September that it had raised \u20ac50 million, and Zama about \u20ac40 million. “The main challenge for these start-ups is the next stage. Beyond \u20ac100 million, even Israeli start-ups are forced to seek funding in the United States,” says G\u00e9r\u00f4me Billois, Partner at Wavestone.<\/p>\n

That is, if they are not bought out beforehand, like Alsid<\/a> and Sqreen, by American groups<\/a>. “We are waiting for the funding round that will break through the ceiling in Europe,” he continues. El\u00e9na Poincet’s response is unequivocal: “Our goal is to create a global leader, not to race for funding. Our funding round will remain European.”<\/p>\n

 <\/p>\n

Legal Counsel<\/strong><\/h4>\n

Joffe & Associ\u00e9 \/ Thomas SALTIEL<\/a>, Camille MALBEZIN<\/a> & Rudy DIAMANT<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Les Echos article, By Anne Drif, Published on Oct. 12, 2022 at 9:00 a.m. Updated on Oct. 13, 2022 at 9:45 a.m.   Nothing stops Tehtris, the cyberthreat-fighting expert founded by former members of the Direction g\u00e9n\u00e9rale de la s\u00e9curit\u00e9 ext\u00e9rieure (DGSE), France’s external intelligence agency. The start-up has landed one of the biggest fundraisings […]<\/p>\n","protected":false},"author":4,"featured_media":6428,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-17061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals-en"],"acf":[],"yoast_head":"\nJoffe & Associ\u00e9s advises Tehtris on its \u20ac44 million fundraising round – Joffe & Associ\u00e9s<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.joffeassocies.com\/en\/joffe-associes-advised-tehtris-on-its-e44-million-fundraising-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Joffe & Associ\u00e9s advises Tehtris on its \u20ac44 million fundraising round\" \/>\n<meta property=\"og:description\" content=\"Les Echos article, By Anne Drif, Published on Oct. 12, 2022 at 9:00 a.m. Updated on Oct. 13, 2022 at 9:45 a.m.   Nothing stops Tehtris, the cyberthreat-fighting expert founded by former members of the Direction g\u00e9n\u00e9rale de la s\u00e9curit\u00e9 ext\u00e9rieure (DGSE), France’s external intelligence agency. 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