Cybrary, a Maryland-based cybersecurity training platform provider, raised $25 million in a Series C funding round. The round was led by BuildGroup and Gula Tech Adventures, two of its current investors. Following its $15 million Series B round announced in November 2019, this latest investment brings Cybrary’s total funding to date to $48 million.
Cybrary will use this funding to support company growth by bolstering research and development (R&D) across its engineering, product, and marketing teams as well as continuing to grow its new Cybrary Threat Intelligence Group.
“Our continued investment in Cybrary is a testament to our belief in the important work they’re doing to address the current cyber skills gap and how they plan to evolve their training programs in the future,” says Jim Curry, managing partner at BuildGroup.
Cybrary offers training and certification to industry professionals to help them build the skills needed to mitigate cyber threats their organizations face. The Cybrary Threat Intelligence Group is a group of cybersecurity experts, analysts, and engineers that seeks to assist customers in protecting themselves against known and upcoming risks through courses, virtual laboratories, and practice exams.