Immersive Labs, a Bristol, UK-based interactive, on-demand and gamified cyber skills platform, closed $40m in funding.
The round was led by global growth equity investor Summit Partners, with participation from existing investor Goldman Sachs.
The company intends to use the funds to expand initiatives in North America.
Led by James Hadley, CEO, Immersive Labs provides an on-demand, continuous and trackable cyber skills development platform which delivers challenge-based skills content developed by experts with access to the latest threat intelligence. Its approach engages and measures entire workforces, equipping all employees with critical skills and practical experience in real-time.
Immersive Labs simulates cyber scenarios covering everything from the basics to threat hunting and reverse-engineering malware.
The company, which has an employee base that is now more than 100 strong, is opening its new North American headquarters in Boston.
More than 100 organizations worldwide are already using the 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.