Cybersecurity Funding

Living Security Raises $14 Million for Its Human Risk Management Platform

Living Security, an Austin, Texas-based company that specializes in cybersecurity awareness training, on Tuesday announced that it raised $14 million in a Series B funding round.

The round was led by Updata Partners, with participation from Silverton Partners, Active Capital, Rain Capital and SaaS Venture Partners.

Eduard Kovacs

March 31, 2021

Living Security, an Austin, Texas-based company that specializes in cybersecurity awareness training, on Tuesday announced that it raised $14 million in a Series B funding round.

The round was led by Updata Partners, with participation from Silverton Partners, Active Capital, Rain Capital and SaaS Venture Partners.

The company, which last year raised $5 million in a Series A round, says it will use the new funding to expand — this includes geographical expansion and a boost in sale efforts — and further develop its human risk management platform.

In addition to its training platform, Living Security has developed a gamified team training product, and also provides learning modules.

Living Security says its platform is used by more than 100 enterprises, including MasterCard, HP, Target, Verizon, Walmart, T-Mobile, Sony, Northrop Grumman and JP Morgan.

Written By Eduard Kovacs

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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