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Hack The Box, a UK-based provider of an ethical hacking community and cybersecurity training platform, raised $10.6M in Series A funding.
The round was led by Paladin Capital Group with participation from Osage University Partners, Brighteye Ventures, and existing investors Marathon Venture Capital.
The company intends to use the funds to establish its presence in the US and global market and expand its product portfolio for both individuals and organizations.
Led by Haris Pylarinos, CEO, James Hooker, CTO, and Aris Zikopoulos, CCO, Hack The Box provides a product suite that offers exploratory and guided training, real-time adversarial gaming, a cloud-based security OS, advanced analytics, targeted talent acquisition and assessment, and community engagement. The company has also introduced new products, most recently releasing Hack The Box Academy, a new cybersecurity training and certification platform.
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.