What is RangeForce?
Established in 2015 and headquartered in Norfolk, Virginia, RangeForce specializes in providing an integrated cybersecurity simulation and skills analysis platform. Their offering uniquely combines a virtual cyber range with hands-on training, enabling organizations to effectively upskill their cybersecurity workforce and assess critical cyber defense capabilities. The company operates within the rapidly evolving cybersecurity training market, addressing the persistent global shortage of skilled cybersecurity professionals.
How much funding has RangeForce raised?
RangeForce has raised a total of $36M across 2 funding rounds:
Series A
$16M
Other Financing Round
$20M
Series A (2020): $16M with participation from Energy Impact Partners LLC, Paladin Capital Group LLP, Trind, and Cisco Investments
Other Financing Round (2023): $20M led by Paladin Capital Group, Energy Impact Partners, KPN Ventures, Lanx Capital, and Cisco Investments
Key Investors in RangeForce
Cisco Investments
Cisco Investments is a venture capital firm founded in 1993 that provides strategic funding and portfolio development services to innovative technology companies. The firm specializes in identifying and supporting startups in areas such as cybersecurity, cloud technology, networking, and digital infrastructure.
Paladin Capital Group
Paladin Capital Group operates as a global multi-stage investment firm specializing in venture capital and growth financing across diverse sectors. The firm deploys capital strategically to identify, support, and scale companies at various stages of development.
Energy Impact Partners
Energy Impact Partners (EIP) is an investment firm dedicated to transforming the energy industry towards a decarbonized, decentralized, digitized, and electrified future. The firm collaborates with leading innovators and major energy companies to foster a cleaner and more resilient energy landscape.
What's next for RangeForce?
The recent major strategic investment signals a new phase of growth for RangeForce, likely focused on scaling its operations, enhancing its platform's capabilities, and expanding its market reach. With a strong foundation in cybersecurity simulation and skills analysis, the company is well-positioned to capitalize on the increasing demand for effective cybersecurity training solutions. Future developments may include deeper integration with enterprise security infrastructures and broader adoption across various industries requiring robust cyber defense.
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