Alsid, a Paris, France-based Active Directory protection solution provider, raised €13m in Series A funding.
The round was led by Idinvest Partners.
The company intends to use the funds to accelerate the international expansion following France and Hong Kong.
Founded in 2016 by Emmanuel Gras and Luc Delsalle, both experts at the ANSSI (NCSC – France’s National Cyber Security Center), Alsid provides a solution that detects the appearance or exploitation of vulnerabilities in real-time and then proposes contextualised resolution plans. This system can be deployed either locally or via the Cloud and works without the need for an agent or any particular access privileges and allows Active Directory users to ensure the resistance of their infrastructure against cyber-risks without any specific knowledge of security techniques.
The company now protects more than 3 million Active Directory users across the globe. The client portfolio includes Lagardère, Groupe Accor, Orange, Saint-Gobain, Sanofi, Sodexo Unibail-Roadmco, VINCI Energies, and HKBN in Hong Kong.
Beginning in 2019, Alsid will be expanding its business to include the United Kingdom, Singapore, the whole of the Middle East, Germany, Northern Europe, and Benelux, and will be actively preparing its entry into the US and Japanese markets, planned for 2020.