Cybrary scores $25m in financing raise

Cybrary, a company that sells access to a platform focused on cybersecurity workforce education and training, has raised $25m from a Series B round.

The round was led by its current investors BuildGroup and Gula Tech Adventures. Following this round, the company has raised a total of $48m since inception.

Cybrary claims it has 2.5 million registered users globally and over 1,000 expert contributors on a subscription platform that helps businesses diagnose cybersecurity skill gaps and pinpoint the kinds of classes needed for employees.

The company’s platform also includes tools for hands-on virtual labs, curated training plans that align with industry standards, integrations with corporate learning management systems and customised visibility into a team’s strengths and weaknesses.

According to Cybrary, the new funding will be used on research and development efforts across its engineering, product and marketing teams. It will also help provide a longer runway for the firm in a highly competitive market for online training and workforce education products.

The firm also revealed that Mandiant chief executive Kevin Mandia will join its board of directors.

Twitter has warned that governments globally are asking the firm to remove content or snoop on private details of user accounts at a heightening rate.

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