French cybersecurity software vendor Evertrust
has closed a €10 million Series A round from the fund Elephant, which will
support the company’s growth strategy, including team expansion, product
development, and international scaling.
Founded in 2017 by Kamel Ferchouche (CEO),
Jean-Julien Alvado (CTO) and Étienne Laviolette (COO), Evertrust has evolved
from a digital trust consulting firm into a provider of an in-house software
suite covering both PKI (Public Key Infrastructure) for issuing and managing
digital certificates, and CLM (Certificate Lifecycle Management) for automating
their lifecycle.
By offering an integrated solution, Evertrust has
positioned itself as an important player in the management and governance of
digital certificates, which are essential cryptographic components used for
authentication, encryption, signing, and securing digital communications.
Evertrust’s flagship software, Horizon, enables
organisations to maintain control over their digital identities by automating
certificate management across servers, mobile devices, connected objects,
on-premises infrastructures, and SaaS environments. Its Stream solution
complements this by providing a complete PKI infrastructure, supporting
security and trust across clients’ digital systems.
By combining both PKI and CLM in a single platform, while most other vendors focus on just one of these areas, Evertrust is well-positioned to meet the needs of large organisations seeking to secure their digital infrastructures amid the rapid growth of digital certificates and the significant reduction in their validity periods.
As part of its development, Evertrust recently
obtained CSPN certification from the French National Cybersecurity Agency
(ANSSI) for its PKI platform. This certification confirms the robustness of
Evertrust’s technology and strengthens its credibility, particularly with
public and semi-public organisations for which certification is a mandatory
selection criterion.
The company is also aligned with digital
sovereignty objectives, offering solutions designed and hosted in Europe,
outside the reach of extraterritorial jurisdictions, and compliant with
international standards such as eIDAS and NIST.
Commenting on the funding round, Kamel
Ferchouche, CEO of Evertrust, said that the company welcomes Elephant’s vote of
confidence, noting that this backing will be key to reinforcing Evertrust’s
position as a global player in the fast-changing digital trust market, where
demand for independent, sovereign solutions is growing under mounting
commercial and regulatory pressure.
The new investment will enable Evertrust to
strengthen its position as a European player and accelerate its expansion into
new markets. The company plans to use these funds to grow its sales and
technical teams, with headcount expected to triple within five years.
Evertrust also aims to accelerate the development
of its network of reseller-integrator partners for managed security services
(MSSPs), moving from a primarily direct sales model in France to an indirect
distribution model in major European and international markets.