MokN raises $15M Series A to combat credential theft as GV makes its first French bet

What's the deal? MokN, a French cybersecurity startup specialising in protection against credential theft, has raised €12.9 million ($15M) in Series A funding. The round is notable for marking GV's (formerly Google Ventures) first-ever investment in a French startup.

Why now? Credential theft remains one of the most common and damaging attack vectors in cybersecurity. As organisations increasingly rely on cloud services and remote access, stolen credentials have become a primary entry point for breaches — making solutions like MokN's more urgent than ever.

The signal: GV's first-ever bet on a French startup underscores how top-tier US investment funds are increasingly looking beyond domestic dealflow for cybersecurity opportunities. MokN, classified by Dealroom as an "early growth" company, is entering a competitive identity-security market at a moment when credential theft accounts for a growing share of enterprise breaches — giving it a clear demand tailwind alongside a marquee backer.

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