What is RangeForce?
Headquartered in Norfolk, Virginia, and established in 2015, RangeForce provides a sophisticated cybersecurity training software platform. The company differentiates itself by offering an integrated ecosystem that combines a virtual cyber range with comprehensive skills analysis tools. This approach allows security teams to engage in hands-on training that mirrors real-world attack scenarios, effectively bridging the gap between theoretical knowledge and practical defense capabilities. By focusing on measurable skill development, RangeForce enables organizations to identify talent gaps and enhance their overall threat mitigation strategies in an increasingly complex digital landscape.
How much funding has RangeForce raised?
RangeForce has raised a total of $36M across 2 funding rounds:
Series A
$16M
Other Financing Round
$20M
Series A (2020): $16M with participation from Trind, Paladin Capital Group LLP, Cisco Investments, and Energy Impact Partners LLC
Other Financing Round (2023): $20M led by Paladin Capital Group, KPN Ventures, Cisco Investments, Energy Impact Partners, and Lanx Capital
Key Investors in RangeForce
Cisco Investments
Cisco Investments is a venture capital firm founded in 1993 that provides strategic funding and portfolio development services to innovative technology companies, specializing in cybersecurity, cloud technology, and digital infrastructure.
Paladin Capital Group
Paladin Capital Group operates as a global multi-stage investment firm specializing in venture capital and growth financing, focusing on companies that demonstrate strong fundamentals and clear pathways to market expansion.
KPN Ventures
KPN Ventures is the investment arm of the leading Dutch telecommunications provider, focusing on innovation, sustainability, and security to foster a safer online experience for business and private clients.
What's next for RangeForce?
With the recent influx of capital, RangeForce is well-positioned to scale its operations and expand its footprint within the enterprise cybersecurity market. The strategic focus will likely center on enhancing the platform's simulation capabilities to address emerging threat vectors, such as advanced persistent threats and cloud-native vulnerabilities. Furthermore, the company is expected to deepen its integration with existing enterprise security stacks, providing seamless training workflows that align with the evolving needs of global security operations centers. As the demand for continuous, performance-based training grows, RangeForce's ability to deliver scalable, data-driven insights will be instrumental in maintaining its competitive edge and driving long-term value for its stakeholders.
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