Cybersecurity training startup Hack The Box raises $10.6M Series A led by Paladin Capital

Cybersecurity training startup Hack The Box raises $10.6M Series A led by Paladin Capital

3 years ago
Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/12/cybersecurity-training-startup-hack-the-box-raises-10-6m-series-a-led-by-paladin-capital/

Cybersecurity training startup Hack The Box, which emerged originally from Greece, has raised a Series A investment round of $10.6 million, led by Paladin Capital Group and joined by Osage University Partners, Brighteye Ventures, and existing investors Marathon Venture Capital. It will use the funding to expand. Most recently it launched Hack The Box Academy.

Started in 2017, Hack The Box specializes in using ‘ethical hacking’ to train cybersecurity techniques. Users are given challenges to “attack” virtual vulnerable labs in a simulated, gamified, and test environment. This approach has garnered over 500,000 platform members, from beginners to experts, and brought in around 800 organizations (such as governments, Fortune 500 companies, and academic institutions) to improve their cyber-adversarial knowledge.