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New York and London, January 11, 2023 — Hack The Field, a number one gamified steady cybersecurity upskilling and expertise evaluation platform, right this moment pronounces 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 concentrate on additional constructing out its category-defining “gamer-first” options providing. Hack The Field can even improve its go-to-market operate, doubling down on the corporate’s ongoing worldwide growth with robust industrial traction within the US, Europe and APAC.Hack The Field has continued to draw important funding curiosity attributable to its extremely participating adversarial cyber up- and reskilling options which might 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 clients. Chief Data 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 deal with the weakest hyperlink in cyber – the human aspect – by means of a performance-driven and thus extremely clear analysis of in-house and exterior cyber expertise. Tripling in dimension during the last two years, Hack The Field has the most important world hacking group with greater than 1.7 million platform members. With its thriving group being on the coronary heart of the corporate, Hack The Field will proceed to take a position closely in R&D. The corporate will execute towards 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 expertise and risk panorama. Hack The Field affords a superior 360°platform that not solely allows people, companies, authorities establishments and universities to degree up their offensive and defensive safety abilities, but additionally gives 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 risk eventualities and options the newest 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 means of extremely participating hacking experiences that domesticate out-of-the-box considering. 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 strategy is required to take the combat to cybercriminals reasonably 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 sort of mindset that we domesticate by means of 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 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 Field is a pioneer in continually offering contemporary and curated coaching and upskilling content material, in a completely gamified and intuitive setting, enabling people and organizations to deal with real-world hacking issues. We’re excited for the following 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 group of 1.7 million registered safety professionals and fanatics, 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 turning 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 thus far to $70 million, fortifying the corporate’s place throughout the world cybersecurity ecosystem.
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