MokN Raises $15M to Build a New Defense Against Identity Theft and Credential Based As cybercriminals increasingly shift their focus from systems to identities, stolen credentials have become one of the most valuable assets in the digital underground economy. From phishing attacks and compromised accounts to stolen browser sessions and authentication cookies, identity related threats now sit at the centre of many of the world’s most damaging cyber incidents. While organisations have invested heavily in monitoring tools and threat detection systems, many still struggle to recover control once credentials have been compromised. French cybersecurity company MokN is aiming to change that by developing a new approach to identity protection focused on proactive recovery rather than passive observation.
The company has secured $15 million in Series A funding in a round led by GV, marking the firm’s first investment in a French startup.
The round also included participation from Datadog, existing investors Moonfire and OVNI Capital, alongside a group of angel investors.
The new financing follows MokN’s €2.6 million seed round announced in late 2025 and will support the company’s next phase of international growth.
Addressing a Growing Identity Security Crisis
Founded to tackle the escalating threat of credential theft, MokN has developed technology designed to identify and recover compromised identities before attackers can exploit them.
The company currently protects more than one million users across large enterprises and mid sized organisations.
As identity based attacks continue rising globally, organisations are increasingly looking for security solutions that move beyond simply detecting breaches and instead help actively prevent misuse of compromised credentials.
MokN believes this shift represents a major opportunity to redefine how organisations approach identity security.
Fighting Phishing Through Deception
The company’s first product, Baits, was developed to combat phishing attacks and credential theft.
The platform deploys highly realistic decoy environments that replicate corporate systems such as VPN portals, webmail services, and authentication gateways.
When cybercriminals attempt to use stolen credentials against these decoys, the information is immediately revealed to security teams.
This allows organisations to identify compromised accounts, understand attacker behaviour, and take corrective action before credentials are abused or sold through underground marketplaces.
According to the company, this proactive approach enables earlier threat detection and significantly reduces the window of opportunity available to attackers.
Creating a New Category: Active Identity Recovery
According to Gautier Bugeon, the success of the company’s first product demonstrated that identity protection requires a more proactive model.
MokN is positioning itself around a category it calls Active Identity Recovery.
Unlike traditional security solutions that focus heavily on monitoring dark web activity or tracking leaked credentials after compromise, Active Identity Recovery aims to help organisations regain control of identities before attackers can profit from them.
The company believes this approach could become a new standard for identity security as cyber threats continue evolving.
Expanding Beyond Credentials
The newly secured funding will support accelerated investment in research and development as MokN expands its product portfolio.
Future offerings will focus on protecting additional forms of digital identity, including customer accounts, stolen browser cookies, and compromised user sessions.
These attack vectors are becoming increasingly common as cybercriminals adopt more sophisticated techniques to bypass conventional authentication systems.
MokN believes existing security tools remain insufficiently equipped to address many of these emerging threats.
Accelerating International Growth
Alongside product development, the company plans to strengthen its presence in both France and the United States while expanding into the United Kingdom through the launch of new offices.
As organisations face increasing pressure to secure identities across increasingly complex digital environments, demand is growing for technologies that move beyond passive monitoring and actively disrupt cybercriminal operations.
With fresh funding, growing enterprise adoption, and a strategy centred on proactive identity recovery, MokN is positioning itself at the forefront of a rapidly evolving segment of the cybersecurity market.