Hack The Box is a leading online gamified cybersecurity upskilling and talent assessment platform that allows individuals, businesses, government organizations and universities to level up their security skills. It has been a busy few months for the CETP team, which has recently announced investments in ETC Group, Incubeta, and Tescan. We are excited for the next stage of Hack The Box’s evolution and are proud to be part of this journey.”Ĭarlyle has a longstanding track record of infrastructure software and cybersecurity investments, including in 1E, Eggplant, ManTech, Coalfire, iC Consult, NetMotion, ITRS, Booz Allen Hamilton and Automic Software (formerly known as UC4). We believe Hack The Box is a pioneer in constantly providing fresh and curated training and upskilling content, in a fully gamified and intuitive environment, enabling individuals and organizations to tackle real-world hacking problems. An industry-wide talent shortage and an exponentially growing number of cyber threats place great importance on professionals and organizations to maintain best-in-class security practices. This is the kind of mindset that we cultivate through Hack The Box,” said Haris Pylarinos, Founder and CEO at Hack The Box.Ĭonstantin Boye, a Director in the Carlyle Europe Technology Partners (“CETP”) advisory team, said: “The demands on security and IT professionals have never been greater. From individual security professionals to companies, this means adopting a ‘hacker mindset’, learning to think and act like an attacker. A new proactive offensive & defensive approach is needed to take the fight to cybercriminals rather than waiting to be hit. The game in cyber has changed with defensive, reactive and recovery postures not being fit-for-purpose in the face of an ever-increasing and ever-evolving wave of sophisticated attacks. “Our mission is to create and connect cyber-ready humans and organizations through highly engaging hacking experiences that cultivate out-of-the-box thinking. The company will also enhance its go-to-market function, doubling down on the company’s ongoing international expansion with strong commercial traction in the US, Europe and APAC. The new investment will aim to accelerate Hack The Box’s growth trajectory with a focus on further building out its category-defining “gamer-first” solutions offering with ultra-realistic coding gameplay. Chief Information Security Officers and other senior cybersecurity decision-makers increasingly turn to Hack The Box to assess how secure their organizations look like from an attacker’s perspective and address the weakest link in cyber – the human element – through a performance-driven and thus highly transparent evaluation of in-house and external cyber talent. London, UK, 11 January 2023 – Global investment firm Carlyle (NASDAQ: CG) announced today that it has led a $55m Series B investment round in Hack The Box, a rapidly growing continuous cybersecurity upskilling and talent assessment platform.įounded in 2017 and headquartered in Kent, UK, Hack The Box has built a global community of more than 1.7 million platform members and established a portfolio of more than 1,500 enterprise, government and university customers that utilize its platform to take their cybersecurity skills to the next level.
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