Amsterdam-based VirtualMetric has raised €2.25 million from TIN Capital and Auriga Cyber Ventures to expand its cost-efficient security data operations, as Vestbee was told.
- Founded in 2014 by Yusuf Ozturk and Jimmy Wind, VirtualMetric is a Netherlands-based company that develops telemetry pipeline software used in security operations.
- The firm's main product, DataStream, is designed to collect, process, and route security logs from various systems into platforms such as Microsoft Sentinel.
- The software operates without agents, supports automatic device discovery, and is compatible with major operating systems and hardware. It enables teams to filter, transform, and enrich logs in real-time, reducing the volume of data sent to SIEM platforms by up to 90% and automating manual processing by 60%.
“We help security teams take back control. With our solution, they can maximize SIEM performance, reduce spend, and improve detection – without being buried in noise or operational cost," explains Jimmy Wind, co-founder and CEO of VirtualMetric.
- Organizations such as Turkcell, Commvault, and Caret use DataStream to manage large volumes of telemetry data while ensuring operational efficiency and compliance.
Details of the deal
- The funding round was led by TIN Capital, an Amsterdam-based venture capital firm that recently raised an additional €15 million for its Cyber Tech Fund V, and Auriga Cyber Ventures, a Paris-based VC focused on supporting early-stage cybersecurity startups across Europe.
“VirtualMetric combines deep technical know-how with clear market focus and sharp execution. The team is ISO27001 and SOC2 certified and perfectly positioned to lead the European market in Security Data Management," claims William Lecat, Partner at Auriga Cyber Ventures.
- VirtualMetric will use the €2.25 million to advance product development, expand its sales and support teams, and scale customer onboarding and integrations. The funding will also support hiring and compliance efforts as the company grows.
