MokN Raises $3 Million for Phish-Back Solution

MokN, the French cybersecurity startup, today announced it has raised €2.6 million (~$3 million) for its deception-based identity protection solution. The investment round was led by Moonfire, with additional support from OVNI Capital, Kima Ventures, and several angel investors. Founded in 2023, Paris-based MokN deploys honeypots within an organisation’s network to lure threat actors into revealing stolen credentials.

The phish-back solution relies on ultra-realistic decoy access points, including VPNs and email servers, that replicate the organisation’s environment, enabling the security team to be alerted when an attacker logs in with a stolen identity. MokN plans to use the funding to strengthen its operations in Europe and to expand internationally, with a focus on the US market where part of its leadership will be relocated. The company says the project was born from a cyber crisis the founder experienced, and claims there is no direct competition in the US for its approach.