Having just bagged $15m, cybersecurity company Cybrary is going to use its new financial muscles to hire new staff members to scale its platform.
BuildGroup, the Texas-based private equity firm, led the round that also included the participation of existing investors Arthur Ventures and Gula Tech Adventures.
Gray Hall, managing director at BuildGroup and the former CEO of AlertLogic, will join Cybrary’s board of directors as part of the deal.
He said, “Cybrary is a game-changing company allowing enterprises and individuals to close the cybersecurity skills gap through its highly-accessible and cost-effective platform powered by its network of millions of users and thousands of creators of cybersecurity training content.”
Ralph Sita, co-founder of Cybrary, expressed similar excitement levels, reiterating that the new investment would help it bring its virtual training to more than the three million IT and cybersecurity professionals already using the service.
“Cybersecurity is the world’s fastest-moving industry and the skills required are equally hard to keep up with,” he continued. “Therefore, with this latest investment, Cybrary will continue to invest in what has become the world’s fastest-moving catalogue and the amazing community of industry professionals who are creating it.”
Copyright © 2018 RegTech Analyst
