6 years ago

Immersive Labs Secures $40 Million Series B to Enhance Cybersecurity Skills Training

  • UK-based cybersecurity startup Immersive Labs has raised $40 million in a Series B funding round led by Summit Partners, with participation from existing investor Goldman Sachs

  • The funding will be used to support the company's expansion in North America

  • Immersive Labs provides a gamified cyber skills platform that helps organizations identify and address cybersecurity knowledge gaps

  • The company has experienced rapid growth since its launch, with a 750% year-over-year increase in annual recurring revenues.

      • ProblemTechnology

      "Cybersecurity skills gaps are increasing risk for organizations, making them vulnerable to attacks. Traditional classroom training is outdated and can't keep up with the rapidly evolving threat landscape."

      Solution

      "Immersive Labs provides an interactive, on-demand, and gamified platform that helps organizations identify and address cybersecurity skills gaps. It allows companies to quickly train their employees to combat evolving threats."

      Covered on