New York and London, January 11, 2023 — Hack The Box, a number one gamified steady cybersecurity upskilling and expertise evaluation platform, as we speak proclaims a Series B funding spherical of $55 million led by Carlyle, alongside Paladin Capital Group, Osage University Partners, Marathon Venture Capital, Brighteye Ventures, and Endeavor Catalyst Fund. The new funding will speed up Hack The Box’s progress trajectory with a concentrate on additional constructing out its category-defining “gamer-first” options providing. Hack The Box will even improve its go-to-market operate, doubling down on the corporate’s ongoing worldwide growth with sturdy industrial traction within the US, Europe and APAC.
Hack The Box has continued to draw important funding curiosity as a result of its extremely partaking adversarial cyber up- and reskilling options which can be powered by ultra-realistic coding gameplay and thereby successfully advance the safety readiness of Hack The Box’s rising variety of blue-chip enterprise and authorities prospects. Chief Information Security Officers and different senior cybersecurity decision-makers more and more flip to Hack The Box to evaluate how safe their organizations appear like from an attacker’s perspective and deal with the weakest hyperlink in cyber – the human factor – by a performance-driven and thus extremely clear analysis of in-house and exterior cyber expertise.
Tripling in measurement during the last two years, Hack The Box has the most important world hacking neighborhood with greater than 1.7 million platform members. With its thriving neighborhood being on the coronary heart of the corporate, Hack The Box will proceed to take a position closely in R&D. The firm will execute towards a product roadmap that entails top-notch content material releases and groundbreaking options, making Hack The Box the last word reference level for cybersecurity professionals of all backgrounds, talent ranges, and industries, permitting them to maintain tempo with the quickly evolving cyber know-how and risk panorama.
Hack The Box presents a superior 360°platform that not solely allows people, companies, authorities establishments and universities to degree up their offensive and defensive safety expertise, but in addition supplies entry to job alternatives in cybersecurity, thus addressing the {industry}’s severe expertise scarcity. Providing mind-triggering, hands-on, and extremely entertaining studying content material that mimics real-world risk eventualities and options the newest up-to-date assault strategies and strategies, Hack The Box is setting new requirements in cybersecurity experience.
“Our mission is to create and connect cyber-ready humans and organizations through highly engaging hacking experiences that cultivate out-of-the-box thinking. The game in cyber has changed with defensive, reactive and recovery postures not being fit-for-purpose in the face of an ever-increasing and ever-evolving wave of sophisticated attacks. A new proactive offensive & defensive approach is needed to take the fight to cybercriminals rather than waiting to be hit. From individual security professionals to companies, this means adopting a ‘hacker mindset’, learning to think and act like an attacker. This is the kind of mindset that we cultivate through Hack The Box”, highlights Haris Pylarinos, Founder and CEO at Hack The Box.
Constantin Boye, a Director at Carlyle, feedback,“The calls for on safety and IT professionals have by no means been higher. An industry-wide expertise scarcity and an exponentially rising variety of cyber threats place nice significance on professionals and organizations to keep up best-in-class safety practices. Hack The Box is a pioneer in continuously offering recent and curated coaching and upskilling content material, in a completely gamified and intuitive setting, enabling people and organizations to sort out real-world hacking issues. We are excited for the subsequent stage of Hack The Box’s evolution and are proud to be a part of this journey.”
Gibb Witham, Senior Vice President at Paladin Capital Group, provides,“With a vibrant neighborhood of 1.7 million registered safety professionals and fanatics, Hack The Box is setting the bar for a brand new era of product-led progress firms within the cybersecurity {industry}. We are thrilled to see Hack The Box changing into an important companion for enterprises and governments in crafting safety groups ready for cyber assaults.”
This Series B funding takes Hack The Box’s whole quantity of capital raised so far to $70 million, fortifying the corporate’s place throughout the world cybersecurity ecosystem.