SimSpace Secures $39 Million in New Funding Amid Surging Demand for Advanced Cyber Ranges - SimSpace
Summary
SimSpace has raised $39 million in new debt and equity financing to accelerate its cyber range platform. The company says demand is rising as enterprises need more realistic ways to test defenses against AI-driven threats. SimSpace will use the capital to expand globally, add new use cases, and serve government, university, and enterprise customers more effectively. The company positions its platform as a realistic environment for training security teams, validating tools, and testing AI agents under live-fire conditions.
Funding
Amount
$39.0M
Total raised
Date
October 27, 2025
Announcement date
Investors
Communitas Capital
Lead investors
Company
https://www.simspace.com/
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
Cybersecurity Software
SaaS
Simulation Software
Linked Companies
SimSpace
$10M to $25M