Cyber security training platform Immersive Labs closes $75 million Serise C led by Insight Partners

Immersive Labs, a company provides cybersecurity skills across technical and non-technical teams, announced it has closed $75 million in Series C funding led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management, according to its press release.The investment will used to accelerate delivery of a progressive new Cyber Workforce Optimization platform, expand its international presence, triple global headcount to 600 over the next two years, and establish operations in new regions throughout APAC and Europe.Since founding in 2017, Immersive Labs has grown to over 200 people, with joint operations HQs in Bristol and Boston. The company has now received $123 million in venture funding, currently counts organizations such as HSBC, Vodafone and the NHS as customers.James Hadley, CEO and Founder of Immersive Labs, said, “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 needs to play their part in addressing a pervasive company issue. This requires unlocking and evidencing skills in a much broader group of people."