Hack The Box Secures $55 Million Series B Funding
On January 11, 2023, in the vibrant cities of New York and London, Hack The Box, a prominent platform specializing in gamified continuous cybersecurity upskilling and talent assessment, has announced a remarkable Series B funding round totaling $55 million. This investment was led by Carlyle, along with the participation of notable firms such as Paladin Capital Group, Osage University Partners, Marathon Venture Capital, Brighteye Ventures, and Endeavor Catalyst Fund. The influx of capital is set to fuel Hack The Box's growth trajectory, primarily by enhancing its innovative “gamer-first” product offerings that redefine engaging learning experiences in cybersecurity. Additionally, this funding will enable the company to strengthen its go-to-market strategy, further facilitating its ambitious international expansion across key markets in the US, Europe, and the Asia-Pacific region.
Hack The Box has successfully garnered attention from investors primarily due to its immersive and adversarial-centric approach to cybersecurity training.
This platform uniquely combines cutting-edge gameplay with realistic coding challenges to dramatically elevate the security capabilities of a growing roster of blue-chip enterprises and governmental organizations. Increasingly, Chief Information Security Officers and other senior leaders from the cybersecurity domain are turning to Hack The Box as a means to evaluate their organizations' defenses against potential attacks. This includes addressing the fundamentally vulnerable aspect of cybersecurity—the human element—by adopting a performance-driven evaluation framework for both internal and external cybersecurity talent.
With a remarkable growth trajectory, Hack The Box has notably tripled in size over the past two years and now boasts a thriving global community of more than 1.7 million members. This community lies at the core of Hack The Box's mission, which is to cultivate cyber-ready individuals and organizations through highly engaging and thought-provoking hacking experiences. As the cybersecurity landscape continues to evolve, Hack The Box is wholly committed to investing in research and development, ensuring that it remains at the forefront of innovation. The platform provides a comprehensive learning environment complete with real-world simulations, multiplayer hacking challenges, and constantly updated educational content. Hack The Box aims to bridge the significant talent gap within the cybersecurity industry and prepare organizations for future challenges, all while setting a new standard in cybersecurity training and expertise.
They've invested in Hack The Box
Get to know these Greentech investors
| Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|
 Paladin Capital Group | 3 investments investments | 10 contacts contacts | |||
 Osage University Partners | 1 investment investment | more info | |||
 Marathon Venture Capital | 3 investments investments | 3 contacts contacts | |||
 Brighteye Ventures | 21 investments investments | 10 contacts contacts | |||
 Endeavor Catalyst Fund | 1 investment investment | more info |
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