Investment firms are increasing their bets on Cybrary, betting an additional USD 25 million that the Maryland-based startup is on the right track with its technology platform for developing the world’s cybersecurity workforce.
BuildGroup and Gula Tech Adventures, who are already investors in Cybrary, which sells access to a platform devoted to cybersecurity workforce education and training, led the USD 25 million Series B round. Including this most recent investment, Cybrary has now received USD 48 million in funding, following the announcement of its USD 15 million Series B round in November 2019.
The new funding will be applied to research and development projects by Cybrary’s engineering, product, and marketing teams, according to the College Park, Maryland-based company.
Read More: Cybrary Raises $25 Million to Tackle Cybersecurity Workforce Training
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