Cyber-skills platform Immersive Labs raises $40M in North America expansion
Summit Partners led the fundraise, with Goldman Sachs participating, the Bristol, U.K.-based company confirmed.
Immersive, led by former GCHQ cybersecurity instructor James Hadley, helps corporate employees learn new security skills by using real, up-to-date threat intelligence in a “gamified” way. Its cybersecurity learning platform uses a variety of techniques and psychology to build up immersive and engaging cyber war games to help IT and security teams learn. The platform aims to help users better understand cybersecurity threats, like detecting and understanding phishing and malware reverse-engineering.
It’s a new take on cybersecurity education, as the company’s founder and chief executive Hadley said the ever-evolving threat landscape has made traditional classroom training “obsolete.”
“It creates knowledge gaps that increase risk, offer vulnerabilities and present opportunities for attackers,” said Hadley.
The company said it will use the round to expand further into the U.S. and Canadian markets from its North American headquarters in Boston, Mass.
Since its founding in 2017, Immersive already has big customers to its name, including Bank of
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