Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Application Security

11/13/2019
12:00 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Cybrary Lands $15 Million in Series B Funding

New Funding Propels Growth of Cybrary's Online Workforce Development Platform Being Utilized by Nearly 3 Million Cyber Pros Today

College Park, Md. - November 13, 2019 - Cybrary, the world’s largest, online cybersecurity career development platform, announced today it has secured $15 million in Series B funding. The funding round is led by Austin, Texas-based BuildGroup and included participation from existing investors including Arthur Ventures and Gula Tech Adventures. Gray Hall, Managing Director at BuildGroup and the former CEO of AlertLogic, as well as Ron Gula, President of Gula Tech Adventures, will be joining Cybrary’s Board of Directors.

Cybrary’s total funding to-date is $23M and this new investment will be used to accelerate the growth of the company’s online workforce development platform already being used by 3 million cyber and IT professionals globally. Currently, Cybrary has users from 96% of the Fortune 1000 companies developing their careers on the platform.

“At BuildGroup, we are investing in companies solving critical business problems with modern business models powered by network effects,” noted Hall. “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.

“We’re thrilled to partner with BuildGroup as we continue to rapidly expand both our company and our online offerings to bring our virtual training to more than 3 million IT and cybersecurity pros,” said Ralph Sita, Co-Founder of Cybrary. “Cybersecurity is the world’s fastest-moving industry, and the skills required are equally hard to keep up with. Therefore, with this latest investment, Cybrary will continue to invest in what has become the world’s fastest-moving catalog, and the amazing community of industry professionals who are creating it.”

"At Cybrary, we’re very committed to bringing security enablement to our community and we’re excited that both Gray and Ron will be helping to build our vision,” said Ryan Corey, Co-Founder, Cybrary. “Cybrary already provides the largest cyber security training platform in the world and we’re experiencing record growth with 2,000 new members signing up each day. This new funding will support our efforts to continue offering our users and customers, the world’s fastest-moving catalog.”

In 2019, Cybrary relocated its company headquarters to a new facility in College Park, Md., to accommodate the rapid growth of the company. Cybrary has also been recognized as a DC Inno 50 on Fire finalist and CyberCrime Magazine named the company to the 2019 Hot 150 Cybersecurity Companies list.

“Cybrary’s approach to bring free cybersecurity career development to the masses is truly what our industry needs,” said Gula. “Under Ralph and Ryan’s leadership, the company has grown revenue approximately 800% in the last two years, in addition to building a large community of Cybrary users who are working to fill the cybersecurity skills gap that we’ve been experiencing for years.”

About BuildGroup

BuildGroup is a company that selectively invests in leadership teams with staying power. We back founders who are ambitious enough to want to make a dent in the universe and humble enough to realize they can't do it alone. By providing permanent capital from aligned investors and avoiding forced exits, BuildGroup frees entrepreneurs to focus on serving customers instead of raising the next round. We believe that great businesses are built, not bought, and that's why our team works side-by-side with founders to create conditions for long-term growth. BuildGroup was founded in Austin, Texas by a team of proven builders who love nothing more than helping build and grow extraordinary companies.

 

About Gula Tech Adventures

Gula Tech Adventures was founded by cyber industrialists Ron and Cyndi Gula to support next generation cyber technology, strategy and policy. We invest in cyber companies of all sizes and are limited partners in a variety of growth and seed cyber funds. We also support a variety of national cyber programs and non-profits focused on cyber policy, training and economic development. The Gula's are best known for their roles at Tenable Network Security where Ron was co-founder and CEO, and Cyndi was Vice President of Operations. Tenable went public in 2018 and is trusted by more than 27,000 organizations worldwide to measure their cyber exposure.

 

About Cybrary

Cybrary is the world’s largest cybersecurity learning and certification preparation platform. Its ecosystem of industry professionals, companies, content, and technologies converge to create -the fastest growing catalog of online courses and experiential tools that provide IT and cyber security learning opportunities to anyone, anywhere, anytime. Visit www.cybrary.it to learn more.

 

###

Media Contact:
Amanda Steinman

Merritt Group for Cybrary

[email protected]

804-432-0693

 

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Data Leak Week: Billions of Sensitive Files Exposed Online
Kelly Jackson Higgins, Executive Editor at Dark Reading,  12/10/2019
Intel Issues Fix for 'Plundervolt' SGX Flaw
Kelly Jackson Higgins, Executive Editor at Dark Reading,  12/11/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
The Year in Security: 2019
This Tech Digest provides a wrap up and overview of the year's top cybersecurity news stories. It was a year of new twists on old threats, with fears of another WannaCry-type worm and of a possible botnet army of Wi-Fi routers. But 2019 also underscored the risk of firmware and trusted security tools harboring dangerous holes that cybercriminals and nation-state hackers could readily abuse. Read more.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-5252
PUBLISHED: 2019-12-14
There is an improper authentication vulnerability in Huawei smartphones (Y9, Honor 8X, Honor 9 Lite, Honor 9i, Y6 Pro). The applock does not perform a sufficient authentication in a rare condition. Successful exploit could allow the attacker to use the application locked by applock in an instant.
CVE-2019-5235
PUBLISHED: 2019-12-14
Some Huawei smart phones have a null pointer dereference vulnerability. An attacker crafts specific packets and sends to the affected product to exploit this vulnerability. Successful exploitation may cause the affected phone to be abnormal.
CVE-2019-5264
PUBLISHED: 2019-12-13
There is an information disclosure vulnerability in certain Huawei smartphones (Mate 10;Mate 10 Pro;Honor V10;Changxiang 7S;P-smart;Changxiang 8 Plus;Y9 2018;Honor 9 Lite;Honor 9i;Mate 9). The software does not properly handle certain information of applications locked by applock in a rare condition...
CVE-2019-5277
PUBLISHED: 2019-12-13
Huawei CloudUSM-EUA V600R006C10;V600R019C00 have an information leak vulnerability. Due to improper configuration, the attacker may cause information leak by successful exploitation.
CVE-2019-5254
PUBLISHED: 2019-12-13
Certain Huawei products (AP2000;IPS Module;NGFW Module;NIP6300;NIP6600;NIP6800;S5700;SVN5600;SVN5800;SVN5800-C;SeMG9811;Secospace AntiDDoS8000;Secospace USG6300;Secospace USG6500;Secospace USG6600;USG6000V;eSpace U1981) have an out-of-bounds read vulnerability. An attacker who logs in to the board m...