Investors Bet Big on Subscription-Based Security Skills Training
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Traders Guess Large on Subscription-Based mostly Safety Expertise Coaching
By Ryan Naraine on January 11, 2023
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Hack The Field, a British startup engaged on know-how to simplify cybersecurity expertise coaching, has banked a $55 million funding spherical as enterprise capital buyers place massive bets on the subscription-based expertise evaluation house.
Hack the Field stated the $55 million Collection B was led by world funding agency Carlyle. Paladin Capital Group, Osage College Companions, Marathon Enterprise Capital, Brighteye Ventures, and Endeavor Catalyst Fund additionally invested.
Since its founding in 2017, Hack the Field has raised $69.5 million and constructed a platform to assist organizations with the continual must assess and prepare cybersecurity expertise.
Hack The Field sells month-to-month subscriptions to a platform that provides on-line hacking labs, penetration testing labs, multiplayer hacking battles, CTF (seize the flag) competitions and on-line safety programs.
The corporate has additionally focused the enterprise market with gamified company safety coaching geared toward CISOs, CIOs, safety managers and product groups and claims greater than 1,400 organizations have used its coaching platform.
Hack The Field stated it is going to use the money injection to gasoline world growth, particularly within the U.S., Europe, and APAC.
The corporate additionally plans to take a position closely on product growth with formidable plans to change into “the final word reference level” for cybersecurity professionals of all backgrounds, ability ranges, and industries.
Associated: Cybrary Raises $25 Million to Deal with Cybersecurity Workforce Coaching
Associated: New CISA Boss Calls Consideration to Cybersecurity Expertise Scarcity
Associated: Predictions 2023: Large Tech’s Coming Safety Buying Spree
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