Immersive Labs Raises $75M in Series C Funding

Immersive Labs

Immersive Labs, a Bristol, UK- and Boston, MA-based company provider of a platform for organizations to measure and improve cybersecurity skills across technical and non-technical teams, closed $75m Series C funding round.

The round was led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management.

The company intends to use the funds to expand its international presence, tripling global headcount to 600 over the next two years and establishing operations in new regions throughout APAC and Europe.

Led by James Hadley, CEO and Founder, Immersive Labs provides organizations with a platform to equip, exercise, and evidence human cyber capabilities. It provides metrics that give security leaders insight into human cyber skills and readiness levels across their organization and improve these through dynamic labs and crisis scenarios which track the threat landscape.

Customers include some of the largest companies in financial services, healthcare, and government, amongst others.

Since founding in 2017, Immersive Labs has grown to over 200 people, with joint operations HQs in Bristol and Boston.