French cybersecurity company Arsen has raised €2.5 million in a funding round led by Elaia and FrenchFounders, along with participation from several business angels. The company, founded in 2020 by Thomas Le Coz and Alexandre Esser, provides training and awareness solutions to employees to help protect against human-related cyberattacks. The solution includes simulations, training sessions and assessments to improve employee behavior and identify potential vulnerabilities. The funding round will allow Arsen to further develop its solution and expand its market presence. Arsen's recent funding round included due diligence financial services provided by 2CFinance. The company's mission is to protect businesses against cyberattacks by providing employees with the necessary training and awareness to prevent and mitigate such risks. Arsen aims to occupy a leading position in the cybersecurity market by offering innovative solutions that leverage behavioral data and advanced simulations. This funding round is expected to drive the company's growth and enable it to continue to develop cutting-edge technologies to better serve its clients.
06 Dec, 2022
Transaction services: 2CFinance completed financial due diligence of Arsen.