Announced
Completed
Financials
Tags
Cross Border
Private Equity
network security
Software
Friendly
Private
Single Bidder
Minority
United Kingdom
Venture Capital
Acquisition
Completed
Synopsis
Insight Partners led a $75m Series C round in Immersive Labs, the company empowering organizations to measure and improve cybersecurity skills across technical and non-technical teams, with participation from Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management. "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," James Hadley, Immersive Labs CEO and Founder.
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