Associated tags: United States Cyber Command, MIT Lincoln Laboratory, MIT, Risk management, Arms industry, Intelligence
Locations: MASSACHUSETTS, US, ENGLAND, AUSTRALIA, CALIFORNIA, FLORIDA, VIRGINIA, UNITED KINGDOM, UNITED STATES OF AMERICA, MIDDLE EAST, EUROPE, NEW ZEALAND
BOSTON, May 2, 2024 /PRNewswire/ -- SimSpace, the US-based industry leader in AI-Powered cyber ranges, announced today the appointment of Matt Knutsen as its new Chief Revenue Officer (CRO). Matt will champion SimSpace's global sales and revenue growth strategy. He will drive expansion initiatives and foster strategic partnerships to stress test businesses' and state agencies' people, processes and technologies against the most advanced adversaries.
Key Points:
- SimSpace strengthens their leadership team, appointing Knutsen to drive revenue growth for the company as it expands further into the public sector
BOSTON, May 2, 2024 /PRNewswire/ -- SimSpace, the US-based industry leader in AI-Powered cyber ranges, announced today the appointment of Matt Knutsen as its new Chief Revenue Officer (CRO).
- He will drive expansion initiatives and foster strategic partnerships to stress test businesses' and state agencies' people, processes and technologies against the most advanced adversaries.
- Matt Knutsen is the most recent addition to SimSpace's Executive Leadership Team, following Clint Sand's appointment as Chief Product Officer in February 2024.
- Matt Knutsen, Chief Revenue Officer commented, "I'm looking forward to bringing a proactive approach to cybersecurity risk management to even more private and public sector organizations.
BOSTON, May 2, 2024 /PRNewswire/ -- SimSpace, the US-based industry leader in AI-Powered cyber ranges, announced today the appointment of Matt Knutsen as its new Chief Revenue Officer (CRO). Matt will champion SimSpace's global sales and revenue growth strategy. He will drive expansion initiatives and foster strategic partnerships to stress test businesses' and state agencies' people, processes and technologies against the most advanced adversaries.
Key Points:
- SimSpace strengthens their leadership team, appointing Knutsen to drive revenue growth for the company as it expands further into the public sector
BOSTON, May 2, 2024 /PRNewswire/ -- SimSpace, the US-based industry leader in AI-Powered cyber ranges, announced today the appointment of Matt Knutsen as its new Chief Revenue Officer (CRO).
- He will drive expansion initiatives and foster strategic partnerships to stress test businesses' and state agencies' people, processes and technologies against the most advanced adversaries.
- Matt Knutsen is the most recent addition to SimSpace's Executive Leadership Team, following Clint Sand's appointment as Chief Product Officer in February 2024.
- Matt Knutsen, Chief Revenue Officer commented, "I'm looking forward to bringing a proactive approach to cybersecurity risk management to even more private and public sector organizations.
FORT LAUDERDALE, Fla., March 21, 2024 /PRNewswire/ -- Farlie Turner Gilbert & Co., LLC ("FTG"), a leading investment bank serving middle market companies, announced today that its affiliate Bayshore Partners, LLC advised SimSpace Corp. ("SimSpace" or the "Company") in its recent $45 million equity private placement led by L2 Point Management ("L2 Point"), a private investment firm specializing in flexible capital solutions for growth companies.
Key Points:
- FORT LAUDERDALE, Fla., March 21, 2024 /PRNewswire/ -- Farlie Turner Gilbert & Co., LLC ("FTG"), a leading investment bank serving middle market companies, announced today that its affiliate Bayshore Partners, LLC advised SimSpace Corp. ("SimSpace" or the "Company") in its recent $45 million equity private placement led by L2 Point Management ("L2 Point"), a private investment firm specializing in flexible capital solutions for growth companies.
- Based in Boston, Massachusetts, SimSpace is a US-based market leader in military-grade cybersecurity.
- Scott Saunders, Managing Director of FTG, said: "It was a pleasure to work with SimSpace's experienced management team, L2 Point, and Arsenal Growth.
- The private placement for SimSpace represents another successful transaction for FTG's capital markets practice, which focuses on capital raises of $25 million to $350 million for growth companies and those with complex capital structures.
Retrieved on:
Thursday, February 29, 2024
Government agency,
National Association,
Carahsoft,
Risk management,
NASA,
Computer security,
IBM PS/ValuePoint,
Curriculum,
Government,
University,
Trust (social science),
State,
Public sector,
Public,
Information technology,
Partnership,
Arms industry BOSTON and RESTON, Va., Feb. 29, 2024 /PRNewswire/ -- SimSpace, the global leader in military-grade cyber ranges, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as SimSpace's Master Government Aggregator®, making the company's cyber ranges and cybersecurity training solutions available to the Public Sector through Carahsoft's reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Association of State Procurement Officials (NASPO) ValuePoint and OMNIA Partners contracts.
Key Points:
- "We are excited to partner with Carahsoft to bring ready-made, world-class cyber readiness solutions to the Public Sector," said William 'Hutch' Hutchison, CEO of SimSpace Corporation.
- SimSpace's solutions equip agencies with advanced cybersecurity training and simulated environments to fortify their defenses against cyberthreats.
- The platform promotes governance, risk management and continuous improvement in cyber defense through measurable lifecycle enhancements.
- "Together with our reseller partners, we look forward to supplying the Public Sector with access to the SimSpace Cyber Force Platform to help agencies achieve digital modernization and enhanced cyber resilience."
Retrieved on:
Wednesday, February 21, 2024
Engineering,
Hunting,
Cyber force,
ROI,
Growth,
CPO,
Digital transformation,
Public sector,
Risk,
Software as a service,
CISO,
Organization,
SOC BOSTON, Feb. 21, 2024 /PRNewswire/ -- SimSpace, the US-based market-leader in high-fidelity cyber ranges, has today announced Clint Sand as its new Chief Product Officer (CPO), effective February 21, 2024. Clint will play an instrumental role in spearheading SimSpace's product management, content, design, and platform engineering teams as the company adds further AI/ML-based capabilities to their technology. Clint's strategic appointment strengthens SimSpace's executive leadership team as the company aims to take its battle-tested platform to the broader enterprise market to help organizations of all sizes and levels of sophistication to optimize security operations for maximum risk management.
Key Points:
- BOSTON, Feb. 21, 2024 /PRNewswire/ -- SimSpace, the US-based market-leader in high-fidelity cyber ranges, has today announced Clint Sand as its new Chief Product Officer (CPO), effective February 21, 2024.
- Clint will play an instrumental role in spearheading SimSpace's product management, content, design, and platform engineering teams as the company adds further AI/ML-based capabilities to their technology.
- "Clint joins the SimSpace C-suite with a proven track record of supporting the commercial growth initiatives of large companies.
- Chief Product Officer of SimSpace, Sand, comments, "Companies in every segment are increasingly aware that traditional approaches are letting them down, even as security spending continues to rise.
Retrieved on:
Tuesday, February 6, 2024
RET,
United States Cyber Command,
Team,
University,
Element,
Exercise,
Environment,
Computer security,
Private sector,
Organization,
Law enforcement,
Water,
Education,
State,
United States national team,
Arms industry BOSTON, Feb. 6, 2024 /PRNewswire/ -- Today, SimSpace , the global leader in military-grade cyber ranges, has been awarded a first-of-its-kind, multi-year contract by The Florida Center for Cybersecurity at the University of South Florida, also known as Cyber Florida.
Key Points:
- BOSTON, Feb. 6, 2024 /PRNewswire/ -- Today, SimSpace , the global leader in military-grade cyber ranges, has been awarded a first-of-its-kind, multi-year contract by The Florida Center for Cybersecurity at the University of South Florida, also known as Cyber Florida.
- SimSpace's cyber range technology will provide Machine-Learning-driven, evidence-based data and high-fidelity learning and practice environments to increase the cyber governance and accountability of Florida's $1.4-trillion economy.
- The contract, secured through funding from the Florida State Legislature, will help enhance the operational preparedness of Florida's most vital institutions, companies and law enforcement entities.
- "Cyber Florida particularly wants to thank the Florida State Legislature for its far-sighted view of cyber risk, and the extensive resources that have enabled the state to go beyond rudimentary training techniques," said Cyber Florida Executive Director General (Ret.)
Retrieved on:
Tuesday, December 19, 2023
Point,
CFOS,
Acquisition,
Growth,
Risk,
Organization,
Disclosure,
Pressure,
Traction,
GRC,
Arms industry BOSTON, Dec. 19, 2023 /PRNewswire/ -- 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.
Key Points:
- BOSTON, Dec. 19, 2023 /PRNewswire/ -- 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.
- "The $45 million investment from L2 Point Management will serve as a milestone of growth at SimSpace, bolstering our ambitions to enter new markets around the world while allowing us to significantly accelerate the pace of our customer acquisition."
- "SimSpace's high-fidelity cyber ranges have gained significant traction with leading companies and national cyber defense organizations.
Retrieved on:
Tuesday, December 19, 2023
Point,
CFOS,
Acquisition,
Growth,
Risk,
Organization,
Disclosure,
Pressure,
Traction,
GRC,
Arms industry BOSTON, Dec. 19, 2023 /PRNewswire/ -- 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.
Key Points:
- BOSTON, Dec. 19, 2023 /PRNewswire/ -- 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.
- "The $45 million investment from L2 Point Management will serve as a milestone of growth at SimSpace, bolstering our ambitions to enter new markets around the world while allowing us to significantly accelerate the pace of our customer acquisition."
- "SimSpace's high-fidelity cyber ranges have gained significant traction with leading companies and national cyber defense organizations.
Partnership,
Face,
CISO,
Organization,
Cyber force,
Risk,
Growth,
Ecosystem,
Computer security,
Risk management,
Arms industry,
Gartner BOSTON, May 16, 2023 /PRNewswire/ -- SimSpace, the industry leader in military-grade cyber ranges is today announcing the expansion of their ecosystem. The SimSpace Cyber Force Platform will now help Cymulate customers evaluate and validate their security stack with SimSpace's cyber ranges.
Key Points:
- The SimSpace Cyber Force Platform will now help Cymulate customers evaluate and validate their security stack with SimSpace's cyber ranges.
- According to Cybersecurity Ventures, the total cost of cybercrime in 2023 is expected to hit $8tr and $10.5tr in 2025.
- Adopting continuous security improvements will be the key that unlocks cybersecurity resilience, a major theme in Gartner's 2023 cybersecurity predictions .
- With SimSpace's high-fidelity emulation, Cymulate customers can further benefit from the integrated live-fire training and real-world testing capabilities they provide."
Partnership,
Face,
CISO,
Organization,
Cyber force,
Risk,
Growth,
Ecosystem,
Computer security,
Risk management,
Arms industry,
Gartner BOSTON, May 16, 2023 /PRNewswire/ -- SimSpace, the industry leader in military-grade cyber ranges is today announcing the expansion of their ecosystem. The SimSpace Cyber Force Platform will now help Cymulate customers evaluate and validate their security stack with SimSpace's cyber ranges.
Key Points:
- The SimSpace Cyber Force Platform will now help Cymulate customers evaluate and validate their security stack with SimSpace's cyber ranges.
- According to Cybersecurity Ventures, the total cost of cybercrime in 2023 is expected to hit $8tr and $10.5tr in 2025.
- Adopting continuous security improvements will be the key that unlocks cybersecurity resilience, a major theme in Gartner's 2023 cybersecurity predictions .
- With SimSpace's high-fidelity emulation, Cymulate customers can further benefit from the integrated live-fire training and real-world testing capabilities they provide."
