MokN raises $15M Series A to grow identity theft protection platform

French cybersecurity firm MokN has secured $15 million in Series A funding to bolster its identity theft protection platform, signalling a significant investment in European digital security solutions. This funding round, led by GV (Google Ventures), highlights growing confidence in European tech innovators addressing critical cybersecurity challenges. The investment will fuel MokN's expansion and product development in a rapidly evolving threat landscape. MokN specializes in combating credential theft and identity-based attacks with its innovative "Active Identity Recovery" approach. Their flagship product, Baits, deploys realistic decoy access points to detect and neutralize phishing attempts before compromised credentials can be exploited. The platform currently safeguards over a million users across various organizational sizes, demonstrating a strong product-market fit. This funding is poised to accelerate MokN's growth, enabling the company to enhance its product portfolio and expand its international presence in the United States and United Kingdom. By focusing on proactive recovery of compromised identities, MokN aims to establish a new global standard for identity protection, moving beyond traditional passive monitoring methods. Future developments will target securing customer accounts, stolen browser cookies, and compromised sessions, addressing increasingly prevalent attack vectors.