Immersive Labs Raises $40 Million From Summit Partners and Goldman Sachs to Accelerate Expansion of Innovative Cyber Skills Platform

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Summary

We believe this new round of funding illustrates how this dynamic technology is ushering in a new era of active training that enables professionals to acquire additional skills in richly immersive environments at their own pace and on their own schedules. The rapid, constantly evolving threat landscape has made traditional classroom training for cyber skills obsolete,” said James Hadley, CEO of Immersive Labs. More than 100 organizations worldwide are already experiencing the benefits of the Immersive Labs platform, including British Telecom, Bank of Montreal, Citigroup and Goldman Sachs, as well as government bodies such as the UK’s National Health Service and London’s Metropolitan Police. Immersive Labs is an on-demand, continuous and trackable cyber skills development platform that is designed to enable both security specialists and business users to step into real-world cybersecurity situations based on real-world attack techniques and emerging or zero-day threats. We recognize in Immersive Labs many of the same qualities that we’ve seen in other cybersecurity leaders: a technically strong and strategically thoughtful management team; a differentiated product addressing a large and urgent market need; and a rapidly growing base of blue-chip customers.

$ Funding

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Amount $40.0M Total raised
Date November 6, 2019 Announcement date
Investors Summit Partners Lead investors
Company - Funded company

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