Immersive Labs recently raised $40m in Series B funding through Summit Partners and our existing investor Goldman Sachs. We could not be prouder or more excited. This backing means we can continue to innovate our platform and create gamified learning experiences for everyone – something that will help keep businesses safe in our increasingly digitized world. We cannot wait to dream up new ways to develop cyber skills and, more importantly, to continue helping our customers reduce cyber risk.
Since our 2017 launch we’ve championed a dynamic new way of honing cyber skills – much to the despair of our more traditional competitors. This vision is being continuously validated, but it’s taken a lot of hard work to get this far! Thanks to our amazing customers and extraordinary efforts across the whole company, we have achieved 750% year-over-year growth in annual recurring revenue and hired over 100 employees.
We are now expanding Immersive Labs into North America, having already set up our headquarters in vibrant Boston. A share of this new investment will go towards growing our presence across the Atlantic and ensuring we have an unrivaled team to help us grow.
Without our customers none of this would be possible. Your desire to learn and develop new skills never fails to impress us, and to date you have completed over one million labs. What an achievement.
If you are not a customer but want to see why global businesses such as Aviva, Grant Thornton and Daimler are using Immersive Labs, check out the Lite version of our platform. It’s a free way to experience our unique approach to cyber skills development.
The Immersive Labs Team