Hack The Box, a UK-based provider of an ethical hacking community and cybersecurity training platform, raised $10.6M in Series A funding.
The round was led by Paladin Capital Group with participation from Osage University Partners, Brighteye Ventures, and existing investors Marathon Venture Capital.
The company intends to use the funds to establish its presence in the US and global market and expand its product portfolio for both individuals and organizations.
Led by Haris Pylarinos, CEO, James Hooker, CTO, and Aris Zikopoulos, CCO, Hack The Box provides a product suite that offers exploratory and guided training, real-time adversarial gaming, a cloud-based security OS, advanced analytics, targeted talent acquisition and assessment, and community engagement. The company has also introduced new products, most recently releasing Hack The Box Academy, a new cybersecurity training and certification platform.
More than 800 organizations (including governments and Fortune 500 companies across every industry vertical) and 550 academic institutions from all around the world have joined the platform to level up their adversarial capabilities.