SimSpace Secures $45M Investment for Cyber Training Tech Stack Simulation

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SimSpace, a startup that creates digital replicas of organizations’ tech and networking stacks for cybersecurity training, has raised $45 million in a funding round led by L2 Point Management. And it’s expanding its private-sector customer roster, having shored up contracts with the U.S. Cyber Command, FBI and national cyber defense teams in unnamed U.S.-allied countries. We’ve had to make hard decisions and to tough it out.”SimSpace’s origins lie in U.S. Cyber Command, where Hutchison designed and led a joint tactical cyber training exercise, Cyber Flag, drawing on the expertise of tech staffer Lee Rossey at MIT’s Lincoln Lab. At the time, Rossey was working on creating cyber “training ranges” to simulate the IT production environments of companies and critical infrastructure. “With SimSpace, because training occurs outside of a company’s network, it’s possible to ‘throw the kitchen sink’ at cyber teams without breaking something in an actual production environment and disrupting vital operations,” Hutchison said.