Funding record · 2025 / 10
SimSpace raises $39M in a venture round for security operations
Announced 27 October 2025 · Recorded 8 September 2026 · Last verified 8 September 2026
SimSpace, a security operations company based in Orlando, United States, raised $39M in a Venture Round announced on 27 October 2025, led by BTG Pactual U.S. Private Credit Investments, Communitas Capital and L2 Point Management. Its disclosed equity funding is now $84M across 2 rounds.
- Amount
- $39M
- Round
- Venture Round
- Announced
- 27 October 2025
- Lead investors
- BTG Pactual U.S. Private Credit Investments, Communitas Capital, L2 Point Management
- Sources on record
- 1prnewswire.com
From the source
SimSpace Secures $39 Million in New Funding Amid Surging Demand for Advanced Cyber Ranges
SimSpace announced a $39 million funding round combining debt and equity to accelerate its cyber range platform and prepare organizations for AI-driven threats. The funding validates SimSpace's approach to ensuring readiness of AI agents in the modern threat landscape.
prnewswire.com · 28 October 2025 ↗The Mandos read
What the record says about SimSpace
- Momentum 49 / 100 · Coolinglocked →
pillars in the platform
- 201 employees · 8 open roleslocked →
history and breakdowns in the platform
- Exit Readiness: Lowlocked →
Tested against 751 past exits in the Mandos record: 43% sat in Watch or Elevated 2 years before. Companies in Elevated exited at 3.1× the record's rate.
- Buyers most often compare SimSpace with CybExer, RangeForce and Cyberbit and 2 morelocked →
the full set in the platform
Funding history
SimSpace funding on record
SimSpace has raised $84M in priced equity. Its most recent round was a Venture Round in October 2025.
Latest round on record: Venture Round, Oct 2025.
SimSpace funding on the profile →Related rounds
Other verified cybersecurity rounds
Also in Oct 2025
Most recent five, same month
In the platform
The round is the fact. The read is the product.
Every round, investor and correction for SimSpace, the competitors buyers weigh it against, hiring by department, and an alert when the next thing happens.
The same record answers in Claude, ChatGPT and Cursor through the Mandos MCP server.
The Mandos Brief
Cybersecurity funding, deals and moves, every Monday.
FAQ
Questions people ask
- How much did SimSpace raise in its Venture Round?
- SimSpace raised $39M in a Venture Round announced on 27 October 2025.
- Who invested in SimSpace's Venture Round?
- The round was led by BTG Pactual U.S. Private Credit Investments, Communitas Capital, L2 Point Management.
- What does SimSpace do?
- SimSpace is a cybersecurity company specializing in Security Operations, founded in 2015 and headquartered in Orlando, United States.
