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.
Related: Cybersecurity Training Company RangeForce Raises $16 Million
Related: Security Awareness Training Firm KnowBe4 Raises $300 Million
Related: Immersive Labs Raises $40 Million for Cyber Skills Platform
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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