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

It was solely in June final 12 months after we reported how Immersive Labs, a platform which teaches cybersecurity expertise to workers in a “gamified” approach, had closed a $75 million Sequence C funding spherical. As of as we speak, the corporate simply pulled in one other $66 Million, taking the full raised to $189 million.

And it will possibly maybe put its success partly to COVID-19. The corporate has beforehand stated the brand new wave of curiosity in cyber safety by organizations has been brought on by so many individuals shifting to working remotely, a behavior which was acquired throughout the pandemic and which now more and more firms implement by default.

Ten Eleven Ventures led the newest elevate, whereas present buyers 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 extraordinary workers wanted a greater technique to study cyber safety as they had been the weakest hyperlinks in most organizations.

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

In a press release Hadely stated: “Attracting new funding throughout a troublesome time total for the tech sector underscores the unbelievable demand for Immersive Labs’ disruptive, people-centric method to cybersecurity. Proving cyber resilience has more and more grow to be a Board and C-level consideration.”

Immersive has additionally beefed-up its government staff, including Sandra McDevitt as Chief Human Sources Officer (CHRO) and Lucian Lui as Chief Advertising Officer (CMO). 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-Government 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 position in the way forward for cybersecurity.