College Park’s Cybrary has raised $25 million in new funding to continue evolving its online cybersecurity training tools in the face of growing industry demand
Investment firm BuildGroup of Austin, Texas, and venture capital group Gula Tech Adventures of Columbia, Maryland — both existing investors — led the Series C round, announced Tuesday. That’s more than half of Cybrary’s total $48 million in funding since its 2015 inception, including a $15 million Series B round in 2019.
Cybrary’s software platform provides training for people who want to — or already do — work in the cybersecurity and IT sectors, counting more than 3 million individual users. The aim is to help alleviate the shortage in cybersecurity professionals, an industry that is in high demand but requires specialized skills. In the U.S., another 377,000 workers are needed to meet existing need, according to an estimate from cybersecurity professional organization (ISC)².
Across its offerings, individuals…
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