Consortium in €20m funding round for Tehtris

Argiduna Capital is the investment vehicle of Thierry Letailleur, founder and former executive board chairman of Ace Management.

Open CNP, the corporate venture arm of insurance company CNP Assurances, also took part in the round, as did several business angels.

Ace Management is currently investing via funds including Brienne III, a vehicle dedicated to investing in cybersecurity startups. The vehicle deploys equity tickets of €1-10m.

Company
Paris-based Tehtris provides a cybersecurity software platform for businesses called Tehtris XDR. The software aims to assist companies with cybersecurity risk management, allowing them to detect and respond to threats. It offers products for companies operating in industries including healthcare, banking and finance, transportation, infrastructure and education, as well as for public-sector organisations. In addition to its software, the business provides consulting and training services. The company was founded in 2010 and has 60 employees.

People
Tehtris – Elena Poincet (CEO), Laurent Oudot (CTO).
Ace Management – François Lavaste (partner).

Advisers
Equity – Kramer Levin (legal); EY (financial due diligence); Quantic Avocat (legal).
Company – Negotium (corporate finance).

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• Topics
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