Immersive Labs Raises $66M in Funding

immersive labs

Immersive Labs, a Bristol, UK and Boston, MA-based provider of a people-centric cyber resilience solutions, raised $66M in funding.

The round was led by Ten Eleven Ventures with participation from Goldman Sachs Asset Management, Summit Partners, Insight Partners, Menlo Ventures, and Citi Ventures.

The company intends to us the funds to continue its growth and investment in its Cyber Workforce Resilience platform.

Led by CEO James Hadley, Immersive Labs provides realistic simulations and hands-on cybersecurity labs to evaluate individual and team capabilities and decision-making against the latest threats. Organizations can prove their cyber resilience by measuring their readiness compared to industry benchmarks, building team capabilities, and demonstrating risk reduction and compliance with data-backed evidence. Customers include Citi, Goldman Sachs, HSBC, Pfizer, Daimler, Humana, Atos, and the UK National Health Service.

The company also announced new strategic additions to its executive leadership team, including Sandra McDevitt as Chief Human Resources Officer (CHRO) and Lucian Lui as Chief Marketing Officer (CMO). Ten Eleven General Partner and Darktrace Founder and former Chief Product Officer Dave Palmer will join the company’s Board of Directors, while Jack Huffard, Tenable Co-Founder and current Non-Executive Director of Immersive has become Chair of the Board.

FinSMEs

12/10/2022

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