Cybrary's $15M Series B will be used to expand its cybersecurity training platform - Technical.ly DC

Business

Nov. 13, 2019 1:36 pm

Cybrary’s $15M Series B will be used to expand its cybersecurity training platform

The funding round led by Texas-based BuildGroup brings the College Park, Maryland-based company's total capital raise to $23 million.
The Cybrary team.

The Cybrary team.

(Courtesy photo)

Cybrary has closed on a $15 million Series B funding round to expand its digital workforce development platform that’s being used by 3 million global cyber and IT professionals, the company announced Wednesday. The round brings the Cybrary’s total capital raise to $23 million.

Founded in 2015, the College Park, Maryland-based company manages a IT learning and certification preparation platform to foster cybersecurity career development.

This latest funding round was led by Texas-based BuildGroup and included participation from existing investors Arthur Ventures and Gula Tech Adventures. Gray Hall, managing director at BuildGroup, and Ron Gula, president of Gula Tech Adventures, will join Cybrary’s board of directors.

“Cybrary is a game-changing company allowing enterprises and individuals to close the cybersecurity skills gap through its highly-accessible and cost-effective platform powered by its network of millions of users and thousands of creators of cybersecurity training content,” Hall said in a statement.

On the platform, users can follow career paths that are assembled by Cybrary’s creator network, cofounder Ryan Corey told Technical.ly. These career paths help develop knowledge, skills and abilities through video-based training and hands-on technical assessments. Ultimately, Cybrary’s workforce development platform is working to prepare cyber and IT professionals for full-time jobs.

“The most exciting thing about what we are building is that we have assembled the world’s largest cyber security career development network, powered by the industry’s largest network of industry subject matter expert creators,” Corey said. “In 2020, real skill data will guide users through a path that targets the work role they seek and the company they seek, directly based on data of the skills currently on the team at that company. This will provide more efficient paths to earn your next role, as a professional.”

Advertisement

This funding comes after Cybrary relocated its 60-person team to College Park earlier this year to accommodate its growth. Currently, the company has nine full-time job openings listed on its site.

Cybersecurity is the top sought-after skill in immediate demand at local tech companies, according to Robert Half.

Companies: Cybrary.IT
-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Mayor Muriel Bowser awarded $175K to Street Entrepreneurs

WhyHotel booked a $20M Series B funding round, plans for national expansion

Arcadia closed a $30M Series C

SPONSORED

DC

Introducing ‘Off the Sidelines,’ a new podcast series about startup investing

Philadelphia

Technically Media

Technical.ly Director of Talent Initiatives

Apply Now

DC, SF, NYC

Nava

Experienced Software Engineer – Backend

Apply Now

Philadelphia, PA

Vistar Media

Software Engineer

Apply Now

Why Gen Z’s new best friends should be the Boomers

Excella will provide AI support to the US Department of Defense

Here’s how LawIQ supports its staff via career development opportunities

SPONSORED

DC

Verizon is looking for the brightest ideas on how to use its 5G technology

Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now

DC, SF, NY

Nava

VP of Engineering

Apply Now

Philadelphia, PA - Center City

Odessa

Sr. Business Analyst, ERP Implementations

Apply Now

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!