Cyber-skills platform Immersive Labs raises $40M in North America expansion

INSUBCONTINENT EXCLUSIVE:
following an $8 million Series A in January.Summit Partners led the fundraise, with Goldman Sachs participating, the Bristol, U.K.-based
company confirmed.Immersive, led by former GCHQ cybersecurity instructor James Hadley, helps corporate employees learn new security skills
Its cybersecurity learning platform uses a variety of techniques and psychology to build up immersive and engaging cyber war games to help
IT and security teams learn
The platform aims to help users better understand cybersecurity threats, like detecting and understanding phishing and malware
and Canadian markets from its North American headquarters in Boston, Mass.Since its founding in 2017, Immersive already has big customers to
its name, including Bank of Montreal and Citigroup, on top of its U.K
said it has 750% year-over-year growth in annual recurring revenues and more than 100 employees across its offices.