SimSpace Raises $45M in Funding

SimSpace

SimSpace, a Boston, MA-based company which specializes in military-grade cybersecurity, raised $45M in funding.

The round, which brought the total amount to $70M, was led by L2Point Management.

The company intends to use the funds to expand into new geographies.

Led by CEO William “Hutch” Hutchison, SimSpace is a company which specializes in military-grade cyber ranges, founded to respond to a new era of cyber threats. Its Cyber Force Platform enables enterprises, governments, and critical national infrastructure organizations to find intelligence-driven answers to vexing security, governance, training, and cyber readiness questions.

The company works with the most advanced Fortune 2000 companies, as well as national and state governments.

FinSMEs

19/12/2023