Hack The Box has raised £45.2m in Series B funding for its gamified cybersecurity training and upskilling platform.
The Kent-based company will use the new capital to invest in research and development and continue its international expansion in the US, Europe and Asia Pacific.
Haris Pylarinos, Founder and CEO of Hack The Box, said: .
The company’s Series B round was led by Carlyle and backed by Paladin Capital Group, Osage University Partners, Marathon Venture Capital, Brighteye Ventures and Endeavor Catalyst Fund.
Hack The Box offers games, courses, and job portals like “Capture the Flag” that teach people about cybersecurity best practices.
Gibb Witham, Senior Vice President, Paladin Capital Group, said:
The company says its cybersecurity training software has 1.7 million users and has raised $70 million (£57.6 million) to date since it was founded in 2017.
Carlyle Director Constantin Bohier said:
