The company is already working with Vodafone, HSBC and the NHS.
Cybersecurity readiness firm Immersive Labs has announced a $75 million Series C round, with investments from Citi Ventures, Menlo Ventures and follow-on from Goldman Sachs Asset Management. The company helps organizations analyze their cybersecurity “across technical and non-technical teams” while also providing tools to help improve cyber training. Immersive Labs is now marketing a new “Cyber Workforce Optimization” platform that will strive to provide a slate of services related to identifying cybersecurity gaps in an enterprise. “From crisis management with executives, to secure software development amongst engineers and ensuring compliance in legal teams, the platform will use data insights to understand where skills are required and inject role specific training,” the company said of their services in a statement. “It will also enable board-level metrics and benchmarking.” The company has already received $48 million in venture funding and the platform is being used at companies like Vodafone and HSBC as well as organizations like the NHS in the UK. “While technology has traditionally been used to plug this gap, it is incapable of making nuanced decisions, thinking laterally, instilling culture, showing leadership or taking into account numerous other crucial factors,” James Hadley, CEO of Immersive Labs, told ZDNet. “We believe human intelligence deserves to reclaim its place alongside Artificial Intelligence in cybersecurity to help organizations build resilience and reduce risk.” Hadley said cybersecurity knowledge and skills should no longer be the “preserve of a few technical people hidden away in a back office.
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USA — software Cyber resilience company Immersive Labs announces $75 million Series C round