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    Home»Fundraising»Immersive Labs raises $75m in Series C round
    Fundraising

    Immersive Labs raises $75m in Series C round

    June 14, 2021Updated:June 14, 20211 Min Read
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    Immersive Labs, the company empowering organizations to measure and improve cybersecurity skills across technical and non-technical teams, has closed a $75 million Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management. 

    The investment will accelerate delivery of a progressive new Cyber Workforce Optimisation platform. With cyber risk no longer confined to technical specialists, expert skills are now required across the entire organisation. From crisis management with executives, to secure software development amongst engineers and ensuring compliance in legal teams, the platform will use data insights to understand where skills are required and inject role specific training. It will also enable board-level metrics and benchmarking.

    Immersive Labs, which has now received $123 million in venture funding, currently counts organisations such as HSBC, Vodafone and the NHS as customers. Growing at over 100 per cent year-on-year, it has recently been named in numerous industry and business awards as an innovation leader.

    Read more/Source: Private Equity Wire

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