Cybrary raises additional $25 from investors to facilitate Cybersecurity workforce and training
Venture capital investors, BuildGroup and Gula Tech Adventures doubled their investments in Cybrary. They invested another $25 million while emphasizing the notion that the Maryland startup is on the right path with a technology platform to train the global security workshop.
Cybrary sells access to a platform focused on cybersecurity workforce education and training. The second round up of funding brought Cybrary’s total funding till date to $48 million. The first $15 million Series B was rounded up in November 2019. Recently the company also informed that the chief executive of Mandiant, Kevin Mandia, would join its board of directors.
Cybrary asserted that their new funding would be used for research and development efforts across its engineering, product, and marketing teams. It will provide Cybrary a longer runaway in the competitive market for online training and workforce education products.
According to Cybrary, they have 2.5 million registered users. Additionally they also possess 1000 expert contributors on a subscription platform. This helps companies diagnose cybersecurity skill gaps and thus address the kinds of tutoring required by the employees.
The Cybrary platform also includes tools for hands-on virtual labs, industry aligning training plans, integrations with corporate learning management systems and customized visibility into a team’s strengths and weaknesses.
