How Much Did RangeForce Raise?
Funding & Key Investors

RangeForce, a prominent player in the cybersecurity training software sector, has successfully secured significant capital to bolster its market presence. The company has reached a total funding milestone of $36M, reflecting strong investor confidence in its specialized simulation and skills analysis platform. This latest major strategic investment of $20M underscores the growing demand for robust, hands-on cybersecurity training solutions in an increasingly complex digital threat landscape.

What is RangeForce?

RangeForce
SoftwareSecurity SoftwareEducation

Headquartered in Norfolk, Virginia, and established in 2015, RangeForce provides an integrated cybersecurity simulation and skills analysis platform. By combining a virtual cyber range with hands-on training modules, the company addresses the critical talent gap in the cybersecurity industry. Its platform is designed to equip enterprise teams with the practical experience necessary to defend against sophisticated cyber threats, positioning RangeForce as a vital component of modern corporate security infrastructure. The firm serves as a bridge between theoretical knowledge and real-world application, enabling organizations to measure and improve their security posture through continuous, performance-based learning.

How much funding has RangeForce raised?

RangeForce has raised a total of $36M across 2 funding rounds:

2020

Series A

$16M

2023

Other Financing Round

$20M

Series A (2020): $16M with participation from Energy Impact Partners LLC, Paladin Capital Group LLP, Trind, and Cisco Investments

Other Financing Round (2023): $20M led by Energy Impact Partners, Lanx Capital, KPN Ventures, Paladin Capital Group, and Cisco Investments

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, with a deep focus on cybersecurity and dual-use technologies.

Energy Impact Partners

Energy Impact Partners is an investment firm dedicated to transforming the energy industry towards a decarbonized and digitized future, collaborating with innovators to foster a more resilient global landscape.

What's next for RangeForce?

With this latest infusion of capital, RangeForce is well-positioned to accelerate its product development and expand its footprint within the enterprise security market. The strategic focus will likely center on scaling its simulation capabilities to meet the evolving requirements of global organizations facing heightened digital risks. By leveraging the expertise and networks of its key backers, the company is poised to enhance its platform's efficacy, potentially integrating more advanced threat intelligence and automated assessment tools. As the cybersecurity landscape continues to shift toward proactive defense, RangeForce's commitment to workforce readiness remains a cornerstone of its long-term growth strategy.

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Frequently Asked Questions Regarding RangeForce Financial Insights

What are the most recent funding rounds that RangeForce has completed, and what were the funding rounds?
RangeForce has recently completed 2 funding rounds: Other Financing Round on Mar 6, 2023, Series A on Jul 28, 2020.
What is the total amount of funding RangeForce has raised to date?
RangeForce has raised a total of $36M in funding to date.
How many funding rounds has RangeForce completed?
RangeForce has completed 2 funding rounds.
How much funding did RangeForce raise in its most recent funding round?
RangeForce raised $20M in its most recent funding round.
Who are the lead investors in RangeForce's latest funding round?
The lead investor in RangeForce's latest funding round was Energy Impact Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in RangeForce's history?
The largest funding round in RangeForce's history was $20M.
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