Cyber coaching platform pulls in one other $66M after post-pandemic distant working will increase cyber threats • TechCrunch

It was only in June last year once we reported how Immersive Labs, a platform that teaches cybersecurity abilities to workers in a “gamified” manner, had closed a $75 million Sequence C funding spherical. As of at present, the corporate simply pulled in one other $66 Million, taking the overall raised to $189 million.

And it may maybe put its success partly to COVID-19. The corporate has beforehand stated the brand new wave of curiosity in cybersecurity by organizations has been attributable to so many individuals shifting to working remotely, a behavior acquired in the course of the pandemic and which now more and more corporations implement by default.

Ten Eleven Ventures led the most recent increase, whereas current traders Goldman Sachs Asset Administration, Summit Companions, Perception Companions, Menlo Ventures and Citi Ventures all participated within the spherical.

Immersive Labs originated from the CYLON cyber accelerator in London, an thought borne of founder James Hadley, a former GCHQ safety researcher, and coach, who realized unusual workers wanted a greater technique to be taught cybersecurity as they have been the weakest hyperlinks in most organizations.

The capital will probably be used to spice up its “Cyber Workforce Resilience” class and ship options to enterprise prospects like Citi, Goldman Sachs, HSBC, Pfizer, Daimler, Humana, Atos and the U.Ok. Nationwide Well being Service.

In an announcement Hadely stated: “Attracting new funding throughout a troublesome time total for the tech sector underscores the unimaginable demand for Immersive Labs’ disruptive, people-centric strategy to cybersecurity. Proving cyber resilience has more and more turn out to be a Board and C-level consideration.”

Immersive has additionally beefed-up its government workforce, including Sandra McDevitt as chief human sources officer and Lucian Lui as chief advertising and marketing officer. Dave Palmer (Ten Eleven basic associate and Darktrace founder and former chief product officer) will be a part of the corporate’s board, whereas Jack Huffard (Tenable co-founder and present non-executive director of Immersive) turns into chair.

Palmer added: “As we see extra deal with proving cyber resilience throughout private and non-private sectors, Immersive Labs stands to play a key function in the way forward for cybersecurity.”

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