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Dust Mobile

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The cyber defense mobile carrier

Boulogne-Billancourt, FranceFounded 2017Cybersecurity
Valuation $50–100M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Dust Mobile

Dust Mobile operates as a specialized mobile virtual network operator (MVNO) with a sharp focus on cybersecurity for communications. Established in mid-2017 by co-founders Jean-Michel Henrard and François d'Ormesson, the company addresses the security vulnerabilities inherent in mobile networks. The founding team's collective expertise spans defense, electronic warfare, cybersecurity, and telecommunications, providing a robust foundation for the company's mission.

The firm’s core business revolves around providing secure and resilient mobile communications for clients with significant international security needs, such as governments, defense organizations, and multinational corporations, as well as developers of Industrial IoT. Dust Mobile generates revenue by selling proprietary SIM cards, named SIM Cybercell, which are compatible with all smartphones and connected objects, bundled with a secure mobile communications plan. This service offers global coverage across 214 countries and territories through partnerships with over 684 mobile operators.

The product provides protection against a range of cyber threats, including those targeting cellular network signaling protocols like SS7 and Diameter, man-in-the-middle attacks, traffic interception, and denial of service. A key feature is the end-to-end encryption for voice, SMS, and data communications. The SIM Cybercell technology enables real-time detection of attacks, sends alerts, and can execute automatic countermeasures, effectively safeguarding devices from network-level threats and direct attacks on the SIM card itself. Significant milestones for the company include securing a €3 million Series A funding round in December 2019 from investors ACE Management and Omnes Capital. This was followed by a €12 million Series B round in November 2022, led by the Defense Innovation Fund and including previous investors. The company has received multiple awards, including the Grand Défi Cyber from the French Prime Minister and a Milipol Award for its Cybercell technology.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Boulogne-Billancourt, France
Employees
9
Open positions
None listed
Dealroom signal
55.6/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Cybersecurity, observatoire industrial tech
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Nov 2022 $13M $53M Tikehau Ace Capital · Omnes Capital · Bpifrance ↗
EARLY VCEquity / VC Dec 2019 $3.3M $13M Undisclosed —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Dust Mobile website traffic

Latest recorded traffic for Dust Mobile is 200 monthly website visits, down 67.2% over the last three months. Dust Mobile's team grew 0% over the past year.

Latest monthly visits200 3-month web change-67.2% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇫🇷 France · Boulogne-Billancourt HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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