4 years ago
Cybersecurity Startup Immersive Labs Raises £52.99M in Series C Funding
Immersive Labs, a cybersecurity startup based in Bristol, has raised £52.99 million in Series C funding to support its global expansion and enhance its cyber risk mitigation platform
The funding round was led by Insight Partners, with participation from Menlo Ventures, Citi Ventures, and existing investor Goldman Sachs Asset Management
The company plans to use the funds to further develop its platform, which provides businesses with tools to assess and improve their cybersecurity posture through simulated attacks, vulnerability assessments, and security awareness training.
ProblemTechnology
"Companies struggling to effectively mitigate cyber risks and train their employees"
Solution
"Immersive Labs' platform to capture and analyze richer data on skills capabilities, expanding globally"