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Immersive Labs Raises $66 Million for Cyber Workforce Resilience Platform

By Eduard Kovacs on October 12, 2022

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UK-based cybersecurity coaching options supplier Immersive Labs introduced on Wednesday that it has raised $66 million in new capital.

The funding, which brings the overall raised by the corporate to $189 million, was led by Ten Eleven Ventures, with participation from current buyers Goldman Sachs Asset Administration, Summit Companions, Perception Companions, Menlo Ventures, and Citi Ventures.

The cash will probably be used to speed up progress and improve the corporate’s Cyber Workforce Resilience platform, which permits organizations to constantly assess and enhance the resilience of their workforce, together with growth groups and executives.

The corporate supplies practical simulations and hands-on workouts that measure readiness and assist reveal the client’s resilience.

Immersive Labs additionally introduced appointing Sandra McDevitt as chief human sources officer (CHRO) and Lucian Lui as chief advertising officer (CMO). Ten Eleven basic associate Dave Palmer will be a part of the corporate’s board.

“Attracting new funding throughout a tough time total for the tech sector underscores the unimaginable demand for Immersive Labs’ disruptive, people-centric method to cybersecurity,” mentioned James Hadley, CEO of Immersive Labs. “Proving cyber resilience has more and more grow to be a Board and C-level consideration.”

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