Immersive Labs, a UK-founded cybersecurity talents platform, raised $40 million thru a Series B funding spherical led via Summit Partners, a expansion fairness investor.
New York-based funding financial institution Goldman Sachs additionally took section in Immersive’s newest investment spherical. Established in 2017, the company famous that it’s going to use the capital to additional extend its operations in North America from the company’s new workplaces in Boston, the place it has known sturdy call for for cybersecurity answers.
In January 2019, Immersive Labs finished an $eight million Series A investment spherical. The company is led via James Hadley, a former GCHQ cybersecurity trainer. Hadley stated he’s making plans to coach the company’s workers at the other cybersecurity protocols by means of “gamification,” which comes to making use of game-design rules to non-game situations.
Immersive Labs is lately operating with London’s Metropolitan police division, the United Kingdom’s National Health Service, British Telecom, Bank of Montreal, Citigroup and Goldman Sachs.
“The rapid, constantly evolving threat landscape has made traditional classroom training for cyber skills obsolete. At a time when cyber skills are stretched across the board, the Immersive Labs platform enables companies to identify these weak points and rapidly skill people to address them.”
Immersive Lab’s coaching program is helping folks to spot phishing assaults and reverse-engineering malware. The company’s merchandise too can decide users’ other ability ranges and supply ideas for growth. This is helping corporations determine possible safety vulnerabilities sooner than they’re exploited.
Immersive Labs has a group of over 100 folks. The company printed that it has accomplished year-on-year expansion of round 750% in its once a year ordinary revenues.