MokN, a Paris-based cybersecurity firm specializing in credential theft protection, has closed a €12.9 million Series A funding round ($15 million). The round was led by GV, the venture capital arm of Alphabet, with participation from Datadog, Moonfire, and OVNI Capital.
The funding brings MokN’s total capital raised to €15.5 million since its founding in 2024. The company plans to deploy the new investment to enhance its platform capabilities, accelerate its presence in France and the United States, and establish operations in the United Kingdom.
Addressing Credential Theft at Scale
MokN has developed a platform designed to combat credential theft, one of the most prevalent cybersecurity threats facing organizations worldwide. According to the company, its early solutions have gained traction with major enterprises, validating its approach to protecting digital identities.
Gautier Bugeon, commenting on the investment, stated: “The rapid adoption by major companies and the results achieved with our first solution have confirmed one thing: this approach must go further. Today, we are laying the groundwork for Active Identity Recovery by extending proactive recovery to all forms of identity, with the ambition of making it a new global standard for identity protection.”
Expanding Across Markets
The Series A funding will enable MokN to pursue an ambitious growth strategy. The company intends to strengthen its operations in its home market of France while simultaneously scaling in the United States, one of the world’s largest cybersecurity markets. The planned expansion into the United Kingdom represents a third pillar of geographic growth, positioning the startup to serve enterprise customers across multiple major economies.
The backing from prominent investors signals confidence in MokN’s market opportunity and execution capability. GV’s investment is particularly notable, as Alphabet’s venture arm typically backs companies with significant growth potential and defensible technology platforms. Datadog’s participation adds strategic value, given the company’s dominant position in cloud infrastructure monitoring and security.
European Cybersecurity Innovation
MokN’s raise reflects the continued strength of Europe’s cybersecurity sector, where founders are addressing critical enterprise security challenges with innovative approaches. French startups in particular have established themselves as significant players in the cybersecurity space, attracting international investment and building globally competitive solutions.
The company’s focus on credential theft protection addresses a fundamental security concern for enterprises of all sizes. As organizations continue to adopt cloud infrastructure and hybrid work models, the attack surface for credential-based threats has expanded considerably, creating sustained demand for sophisticated protection mechanisms.
With €12.9 million in new capital and a clear expansion roadmap, MokN is well-positioned to scale its platform across European and North American markets over the coming years.