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Cyber firm Immersive Labs receives a $8 million funding in a series A round led by Goldman Sachs

Earlier in the week, Immersive Labs received a massive boost towards its plan of growing its cybersecurity skills platform as it announced that it received a $8 million in its Series A funding round led by Goldman Sachs.

As per reports, the firm will utilize this fund to add more infrastructure and people to develop the platform while simultaneously boosting its cybersecurity teams and enterprise IT by combining threat data with gamified learning.

Speaking on the announcement, James Hadley, CEO of Immersive Labs, said: “Large organisations are facing a dual cybersecurity talent problem; not only is the number of professionals seriously lagging but the pace at which their skills are developed are neither less. If a firm manages to recruit the right people in the first place, today’s attackers move so fast your team may quickly fall behind.”

In order to learn vital details and rapidly build wargames for security teams and IT, The Immersive Labs platform makes use of real-time feeds from technical vulnerabilities, hacker psychology and latest attack techniques.

As per data published by the firm, it claims that the platform can be used to identify and fix less immediate weaknesses in the talent pool and also possesses the potential to “upskill” people within hours of a threat emerging.

James Hadley, former GCHQ researcher founded Immersive Labs that has Robert Hannigan as chair of the advisory board. Its current clientele includes global corporates, like Grant Thorton, Sophos and BAE Systems.