Cyberbit, a Newburyport, MA-based provider of cybersecurity skill development platforms, raised an undisclosed amount in funding.
Charlesbank Capital Partners made the investment.
The company intends to use the funds to provide capital for future acquisitions, expansion, and product development.
Led by CEO Caleb Barlow, Cyberbit empowers organizations to forge elite cybersecurity teams through a hyper-realistic simulation platform that immerses cyber operators and executives in lifelike, simulated attacks. Empowered by an advanced cyber range, the platform mirrors both the mental and technical challenges of a cyber crisis, replicating the attacks, networks, and commercial security tools that teams encounter daily, including market-leading SIEMs, firewalls, WAFs, and EDRs. Cyberbit delivers over 1 million hours of exercises annually across industry, government, and higher education institutions.
FinSMEs
19/08/2024