Connect with us

Hi, what are you looking for?


Cybersecurity Funding

Cybersecurity Training Company Immersive Labs Raises $75 Million

Cyber skills development platform provider Immersive Labs today announced that it raised $75 million in Series C funding. The round brings the total raised by the company to $123 million.

Cyber skills development platform provider Immersive Labs today announced that it raised $75 million in Series C funding. The round brings the total raised by the company to $123 million.

Founded in 2017, by a former employee of the UK’s GCHQ intelligence agency, the company has offices in Bristol and Boston, helping both private and government organizations improve the cybersecurity skills of their employees.

The new funding round, Immersive Labs says, will help it accelerate the delivery of a new Cyber Workforce Optimization platform.

Leveraging data gathered at all levels of a company, the platform will help organizations understand where skills are required, so that role-specific training can take place. The platform will also deliver board-level metrics and benchmarking.

The company also plans to expand its international presence with new offices in the APAC region and Europe. With 200 employees at the moment, Immersive Labs wants to hire 400 more over the next two years.

The funding round was led by Insight Partners, with participation from Menlo Ventures, Citi Ventures and Goldman Sachs Asset Management.

“With cyber risk becoming a problem for a growing number of business functions, cybersecurity knowledge and skills should no longer be the preserve of a few technical people hidden away in a back office. Everyone from the teams who build software, to the CEO, now need to play their part in addressing a pervasive company issue. This requires unlocking and evidencing skills in a much broader group of people,” James Hadley, CEO and founder of Immersive Labs, said.

Advertisement. Scroll to continue reading.

Related: Cyber Risk Management Firm Brinqa Raises $110 Million

Related: Endpoint Management Startup Aiden Technologies Closes $2.9 Million Seed Round

Related: Enterprise Mobile Security Startup Hypori Raises $20 Million

Related: Security Analytics Firm Uptycs Raises $50 Million

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join security experts as they discuss ZTNA’s untapped potential to both reduce cyber risk and empower the business.


Join Microsoft and Finite State for a webinar that will introduce a new strategy for securing the software supply chain.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...