SimSpace

Boston, United States Founded: 2015 • Age: 11 yrs
Cyber risk management platform to validate cyber security
Annual revenue - Latest available
Total funding $84.0M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About SimSpace

SimSpace is a company based in Boston (United States) founded in 2015 by William Hutchison and Lee Rossey. SimSpace has raised $84 million across 5 funding rounds from investors including L2 Point, Revtek Capital and Wells Fargo Startup Accelerator. SimSpace has completed 1 acquisition, including L2 Point. SimSpace offers products and services including SimSpace Platform, Training Exercises, and Threat Intelligence. SimSpace operates in a competitive market with competitors including Cymulate, Cyberbit, Picus Security, SafeBreach and SCYTHE, among others.

  • Headquarter Boston, United States
  • Founders William Hutchison, Lee Rossey
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Simspace Corporation
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $84 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
    L2 Point

    & 4 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of SimSpace

SimSpace offers a comprehensive portfolio of products and services, including SimSpace Platform, Training Exercises, and Threat Intelligence.

Product name locked
Category locked
Primary

Platform for immersive training and threat simulations

Product name locked
Category locked
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Tools for cyber team readiness and performance benchmarking

Product name locked
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Services for understanding and mitigating adversary tactics

People of SimSpace

Headcount 50-200
Employee Profiles 29
Employee Profiles
People
Marci Niles
VP of Human Resources
People
Ron Gorman
Chief of Staff
People
Ryan Johansen
Customer Success Strategy And Operations
People
Andres Fournier
Senior Director, Federal (u.s. & Canada)

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Funding Insights of SimSpace

SimSpace has successfully raised a total of $84M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in SimSpace

SimSpace has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include L2 Point, Revtek Capital and Wells Fargo Startup Accelerator.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Late-stage businesses are invested in by this private equity fund.
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Fintech startups are accelerated via a 6-month investment program.
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Investments in fintech startups are managed by Communitas Capital.
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Investor details for SimSpace

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SimSpace

SimSpace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include L2 Point.

Investments
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Investment portfolio details for SimSpace

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Late-stage businesses are invested in by this private equity fund.
Locked Locked 2019 Locked
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Complete acquisition details for SimSpace

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - SimSpace

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Detailed financials for SimSpace

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  • Profit trends
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Simspace Comparisons

SimSpace Primary company
Description
Cyber risk management platform to validate cyber security
Location
Boston, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SimSpace

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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  • Operating benchmarks

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Competitors of SimSpace

SimSpace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cymulate, Cyberbit, Picus Security, SafeBreach and SCYTHE, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based cyber-range solutions are offered for IT security assessments.
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Cloud-based cyber range platform is offered for cybersecurity training.
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Vulnerability assessment solutions for production security systems are provided.
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Vulnerability assessment and breach prevention solutions are offered through simulations.
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Adversary emulation platform provided for vulnerability assessment.
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Detailed competitors of SimSpace

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  • Domains and locations
  • Full company profiles
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Latest news on Simspace

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Complete news archive for SimSpace

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about SimSpace

SimSpace was founded in 2015 and raised its 1st funding round 2 years after it was founded.

SimSpace is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

William Hutchison is the current CEO of SimSpace. They have also founded this company.

SimSpace is a funded company, having raised a total of $84M across 5 funding rounds to date.

SimSpace was founded in 2015 in Boston, United States, within the cybersecurity sector. Operations focus on cyber ranges and emulation techniques developed by experts from US Cyber Command and MITs Lincoln Laboratory. Services include training exercises, attack simulations, mission rehearsals, and product evaluations. Quantitative insights are delivered to assess protection of critical assets against cyber threats.

SimSpace's top competitors include Cyberbit, Cymulate and SafeBreach.

SimSpace offers SimSpace Platform, Training Exercises, and Threat Intelligence.

SimSpace has made 1 acquisition, including L2 Point.

SimSpace has 5 investors. Key investors include L2 Point, Revtek Capital, Wells Fargo Startup Accelerator, BTG Pactual, and Communitas Capital.

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