Congratulations to RWE Bristol Bridge members Immersive Labs who have recently closed a $40m Series B round.

The cyber security platform was backed by Summit Partners and existing investor, Goldman Sachs. This is Immersive Labs second fund raise this year – since launching in 2017, they’ve been able to achieve a 750% year-over-year growth in annual recurring revenue and hired over 100 employees. 

The investment is going to be used to support their expansion into North America and growing their ever-increasing team. 

Immersive Labs is the world’s first real-time, gamified learning system for security skills, helping workforces develop cyber-security knowledge at a pace that works for them. The platform has already helped over 100 organisations worldwide, including BT, London’s Metropolitan Police and the NHS.

We can’t wait to see where they take it from here. Read more about their raise or visit their website here

 

 

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