3 years ago

Immersive Labs Raises $66 Million to Enhance Cybersecurity Training Platform

  • Immersive Labs, a cybersecurity training platform, has raised $66 million in a Series C funding round led by Ten Eleven Ventures

  • The Bristol-based company will use the funds to further develop its platform and expand its market reach

  • This latest investment comes two months after Immersive Labs cut 10% of its workforce to focus on high-growth opportunities

  • Despite the recent layoffs, the company has made three strategic additions to its executive leadership team.

      • ProblemFinancial Services

      "Many cybersecurity training programs focus on theoretical knowledge, but Immersive Labs provides a more practical approach by offering realistic simulations and security assessments to help organizations upskill their teams and measure their cyber defence capabilities."

      Solution

      "Immersive Labs offers a cybersecurity training platform that provides realistic simulations and security assessments to help organizations upskill their teams and measure their cyber defence capabilities."

      Covered on