MokN, a Paris-based cybersecurity startup founded in 2023, raised $15 million in a Series A round, bringing total funding to $18 million. The platform focuses on identity protection by deploying honeypots inside enterprise environments to lure threat actors into exposing compromised credentials. It uses ultra-realistic decoy access points to counter phishing and credential theft, enabling organizations to neutralize stolen credentials before they are used. The Series A was led by Google Ventures with support from Datadog, prior investors Moonfire and OVNI Capital, and angel investors. Funding will support expansion to the US and UK, hiring across sales, marketing, customer success, engineering, and increased research and development. The company cites Verizon DBIR data showing credential abuse contributed to about 13% of confirmed data breaches in 2025.
"Paris-based MokN was founded in 2023 to tackle identity protection differently. Unlike traditional solutions, it plants honeypots within enterprise environments, luring threat actors into revealing compromised credentials. Using ultra-realistic decoy access points, the phish-back solution is designed to outsmart attackers and to allow organizations to neutralize stolen credentials before they are used."
"MokN's Series A funding round was led by Google Ventures, with additional support from DataDog, previous investors Moonfire and OVNI Capital, and various angel investors. The fresh investment will be used to expand the platform to the US, where credential-based intrusions have become dominant, MokN says."
"Per the latest Verizon DBIR, credential abuse was responsible for roughly 13% of the confirmed data breaches in 2025. Additionally, the startup will invest in global expansion, starting with the opening of new offices in the US and the UK. To support the expansion, the company will hire new talent across sales and marketing, and customer success."
"MokN also plans to expand its engineering team and to increase its research and development efforts to enhance the phish-back platform's capabilities. "As a former SOC Manager, I experienced firsthand how compromised identities remained a critical blind spot. MokN was built to change that. Today, we work with major enterprises to define a new category-Active Identity Recovery-giving them a proactive edge against identity-based attacks," said MokN co-founder and CEO Gautier Bugeon."
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