New York and London, January 11, 2023 — Hack The Field, a number one gamified steady cybersecurity upskilling and expertise evaluation platform, at the moment proclaims a Sequence B funding spherical of $55 million led by Carlyle, alongside Paladin Capital Group, Osage College Companions, Marathon Enterprise Capital, Brighteye Ventures, and Endeavor Catalyst Fund. The brand new funding will speed up Hack The Field’s progress trajectory with a deal with additional constructing out its category-defining “gamer-first” options providing. Hack The Field may even improve its go-to-market perform, doubling down on the corporate’s ongoing worldwide growth with sturdy business traction within the US, Europe and APAC.
Hack The Field has continued to draw vital funding curiosity attributable to 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 Field’s rising variety of blue-chip enterprise and authorities prospects. Chief Info Safety Officers and different senior cybersecurity decision-makers more and more flip to Hack The Field to evaluate how safe their organizations seem like from an attacker’s perspective and tackle 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 Field has the biggest international hacking neighborhood with greater than 1.7 million platform members. With its thriving neighborhood being on the coronary heart of the corporate, Hack The Field will proceed to speculate closely in R&D. The corporate will execute in opposition to a product roadmap that entails top-notch content material releases and groundbreaking options, making Hack The Field the last word reference level for cybersecurity professionals of all backgrounds, ability ranges, and industries, permitting them to maintain tempo with the quickly evolving cyber know-how and menace panorama.
Hack The Field gives a superior 360°platform that not solely permits people, companies, authorities establishments and universities to stage up their offensive and defensive safety expertise, but additionally supplies entry to job alternatives in cybersecurity, thus addressing the {industry}’s critical expertise scarcity. Offering mind-triggering, hands-on, and extremely entertaining studying content material that mimics real-world menace eventualities and options the most recent up-to-date assault methods and strategies, Hack The Field is setting new requirements in cybersecurity experience.
“Our mission is to create and join cyber-ready people and organizations by extremely partaking hacking experiences that domesticate out-of-the-box pondering. The sport in cyber has modified with defensive, reactive and restoration postures not being fit-for-purpose within the face of an ever-increasing and ever-evolving wave of refined assaults. A brand new proactive offensive & defensive method is required to take the battle to cybercriminals slightly than ready to be hit. From particular person safety professionals to firms, this implies adopting a ‘hacker mindset’, studying to suppose and act like an attacker. That is the form of mindset that we domesticate by Hack The Field”, highlights Haris Pylarinos, Founder and CEO at Hack The Field.
Constantin Boye, a Director at Carlyle, feedback,“The calls for on safety and IT professionals have by no means been larger. 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 Field is a pioneer in always 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’re excited for the subsequent stage of Hack The Field’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 fans, Hack The Field is setting the bar for a brand new technology of product-led progress firms within the cybersecurity {industry}. We’re thrilled to see Hack The Field changing into an important companion for enterprises and governments in crafting safety groups ready for cyber assaults.”
This Sequence B funding takes Hack The Field’s complete quantity of capital raised to this point to $70 million, fortifying the corporate’s place throughout the international cybersecurity ecosystem.
