Cyber Firm Simspace Secures $45 Million In Funding From L2 Point Management To Fuel Continued Growth
Amount Raised
$45 Million
Round Type
Funding Round
BostonInformation TechnologyCyber SecurityNetwork SecurityInvestors
Description
SimSpace, a US-based market leader in military-grade cybersecurity, today announced that it has closed a $45 million equity raise led by L2 Point Management, a private investment firm specializing in flexible capital solutions for growth companies. This investment brings the total capital raised by SimSpace over the past year to $70 million and will support the company's continued growth trajectory, including its expansion into new geographies.
Quick answer
SimSpace raised $45 Million in a Funding Round round, dated December 19, 2023. Investors: Sim Space and L2 Point Management. SimSpace is based in Boston, Massachusetts, United States.
- How much did SimSpace raise?
- SimSpace raised $45 Million in a Funding Round round on December 19, 2023.
- Who invested in SimSpace?
- Sim Space and L2 Point Management are named as investors in this round.
- What does SimSpace do?
- SimSpace is the global leader in military-grade cyber ranges, founded by experts from U.S. Cyber Command and MIT's Lincoln Laboratory to respond to a new era of unprecedented cyber threats.
- Where is SimSpace based and how big is it?
- SimSpace is based in Boston, Massachusetts, United States. Fundz records about 300 employees.
- Who are the decision-makers at SimSpace?
- Fundz holds 1 contact at SimSpace. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Cyber Security and Network Security around the same time
Companies in the same sectors as SimSpace that raised within 45 days of this round, from Fundz verified event records.
- Keyavi Data raised $731K on January 10, 2024.
- Zero Networks raised $20M (Series B) on December 13, 2023.
- Vulcan Cyber raised $55M (Series B) on November 15, 2023.
- TrojAI raised $2M (Seed) on November 15, 2023.
- Radiant Security raised $15M (Funding Round) on November 14, 2023.
- Tidal Cyber raised $5M (Seed) on November 9, 2023.
Who to call at SimSpace, and when
A new round usually means SimSpace is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SimSpace raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SimSpace, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at SimSpace. With Fundz connected, it knows.
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Fundz sees it the moment SimSpace raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
SimSpace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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