MokN has secured a $15m (£11.1m) funding round led by Google Ventures, providing fresh backing for the London-based firm’s anti-credential theft technology.
The cybersecurity specialist focuses on combating phishing and credential theft attacks through its proprietary “Phish-Back” platform, which is designed to recover stolen login details before cybercriminals can exploit them.
A key element of the technology involves deploying highly realistic decoy login environments that closely resemble a company’s genuine authentication systems. When attackers attempt to use stolen usernames and passwords on these fake access points, they inadvertently reveal the compromised credentials, allowing organisations to identify and neutralise the threat before further damage occurs.
The approach effectively turns phishing attacks against the attackers themselves, helping security teams detect compromised accounts, gather intelligence on malicious activity and reduce the risk of unauthorised access.
With the new investment, MokN plans to accelerate the rollout of its Phish-Back solution, expand its technology platform and increase adoption among organisations seeking stronger protection against increasingly sophisticated credential theft and phishing campaigns.
The funding highlights growing investor interest in cybersecurity startups as businesses face rising threats from AI-powered phishing attacks, identity theft and account compromise.
“As a former SOC Manager, I experienced firsthand how compromised identities remained a critical blind spot,” said Gautier Bugeon co-founder and chief executive of MokN.
“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.”
Other investors backing the round include DataDog, Moonfire, OVNI Capital and angels.
“We invested in MokN because of Gautier’s founder-market fit as a former SOC manager and our deep conviction in the team’s ability to address a critical gap in the cybersecurity market,” said Luna Schmid, Partner at GV.
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