.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners led a $75m Series C round in Immersive Labs.

Financials

Edit Data
Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Private Equity

network security

Software

Friendly

Private

Single Bidder

Minority

United Kingdom

Venture Capital

Acquisition

Completed

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US