Hack the Box, the gamified cybersecurity upskilling platform, has announced the conclusion of a $55 million Series B funding round.

The company provides learning content that mimics real-world threat scenarios and features attack techniques and methods.

The company said the funds would support its growth trajectory with a focus on further building out its “gamer-first” offerings.

“Our mission is to create and connect cyber-ready humans and organisations through highly engaging hacking experiences that cultivate out-of-the-box thinking,” said Haris Pylarinos, founder and chief executive of Hack the Box.

Pylarinos added: “A new proactive offensive & defensive approach is needed to take the fight to cybercriminals rather than waiting to be hit.”

The latest funding round was led by Carlyle, with participation from Paladin Capital Group, Osage University Partners, Marathon Venture Capital, Brighteye Ventures, and Endeavor Catalyst Fund.

Hack the Box’s fundraise follows news that the National Cyber Security Center is launching a free cybersecurity training scheme for high-risk sectors.

Sarah Lyons, NCSC deputy director for economy and society resilience, said: “The new Funded Cyber Essentials Programme is a great opportunity for small organisations to gain free assistance with putting key cyber security protections in place.”

Share Story: