SimSpace - About the company
SimSpace is a series A company based in Boston (United States), founded in 2015 by Laura Lee, Lee Rossey and William Hutchison. It operates as a Cyber risk management platform to validate cyber security. SimSpace has raised $109M in funding from Wells Fargo Startup Accelerator and L2 Point. The company has 27 active competitors, including 15 that are funded. Its top competitors include companies like Cyberbit, Cymulate and SafeBreach.
Company Details
Cyber risk management platform to validate an organizations cybersecurity process and technology. The company was founded in 2015 by experts from the US Cyber Command and MITs Lincoln Laboratory, SimSpace combines the highest fidelity cyber ranges and attack content with user and adversary emulation techniques. It also provides individual training exercises, attack simulations, mission rehearsals, and product evaluations that leverage its cyber range, SimSpace delivers quantitative and actionable insights into how an organization can protect critical assets against lethal cyber threats.
- Website
- simspace.com
- Social
- Email ID
- *****@simspace.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Boston, United States
Stage
Series A
Total Funding
$109M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 27 active competitors
Employee Count
204 as on Sep 30, 2026
Investment & Acquisitions
Sign up to download SimSpace's company profile
SimSpace's funding and investors
SimSpace has raised a total funding of $109M over 5 rounds. Its first funding round was on Oct 23, 2017. Its latest funding round was a Series A round on Oct 28, 2025 for $*****. 3 investors participated in its latest round. SimSpace has 6 institutional investors.
Here is the list of recent funding rounds of SimSpace:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 28, 2025 | 6717166 | Series A | 9661608 | 4942056 | 3179015 | 2753876 |
Oct 28, 2025 | 1683671 | Conventional Debt | 4942941 | 1917613 | 8331010 | 5494715 |
Dec 11, 2023 | 1283751 | Series A | 2257127 | 2408653 | 6072033 |
Access funding benchmarks and valuations. Sign up today!View details of SimSpace's funding rounds and investors
SimSpace's founders and board of directors
Founder? Claim ProfileThe founders of SimSpace are Laura Lee, Lee Rossey and William Hutchison. William Hutchison and Peter Lee are the CEOs of SimSpace.
Here are the details of SimSpace's key team members:
- Laura Lee: Former Co-Founder of SimSpace. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Lee Rossey: Co-Founder & CTO of SimSpace. Contact Info: 1 email address
- William Hutchison: Co-Founder & CEO of SimSpace. Contact Info: 1 email address
- Peter Lee: CEO of SimSpace. Contact Info: 1 email address
View details of SimSpace's Founder profiles and Board Members
SimSpace's employee count trend
SimSpace has 204 employees as of Sep 26. Here is SimSpace's employee count trend over the years:
Uncover SimSpace's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
SimSpace's Competitors and alternates
Top competitors of SimSpace include Cyberbit, Cymulate and SafeBreach. Here is the list of Top 10 competitors of SimSpace, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cyberbit 2015, Newburyport (United States), Series C | Cloud-based cyber range platform | $52M | 69/100 | |
2nd | SimSpace 2015, Boston (United States), Series A | Cyber risk management platform to validate cyber security | $109M | 64/100 | |
3rd | Cloud-based cyber-range solution | $141M | 58/100 | ||
4th | SafeBreach 2014, Sunnyvale (United States), Series D | Solutions for vulnerability assessment and data breach prevention | $106M | 58/100 | |
5th | SCYTHE 2017, Arlington (United States), Series A | Provider of adversary emulation platform for vulnerability assessment | $13M | 54/100 | |
6th | Provider of a simulation platform for cybersecurity training | $5.66M | 54/100 | ||
7th |  Cloud Range 2018, United States, Seed | Cybersecurity training and simulation platform | - | 47/100 | |
8th |  Kwick Soft 2005, Chennai (India), Unfunded | Cyber forensics and analytics platforrm | - | - | 44/100 |
9th | _1571640128083.png?devicePixelRatio=2&height=30&width=30){kind=logo} Alpha Drive 2017, Brooklyn (United States), Seed | Cloud-based tools for testing and validation of AI algorithms in simulation | - | 42/100 | |
10th | _1539078079114.jpg?devicePixelRatio=2&height=30&width=30){kind=logo} Moyun Technology 2017, Haidian (China), Series B | Virtual hacker robot for network security | $18.5M | 41/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on SimSpace's competitors? Click here to see the top ones
SimSpace's Investments and acquisitions
SimSpace has acquired L2 Point. SimSpace has not made any investments as of now.Reports related to SimSpace
Here is the latest report on SimSpace's sector:
News related to SimSpace
Filter this listMedia has covered SimSpace for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
SimSpace Offers Powerful Capabilities To Close Cyber Training and Testing GapPR Newswire•Dec 09, 2025•SimSpace
•
BTG Pactual's Subsidiary Invests in Simulation StartupFusoes & Aquisicoes•Oct 31, 2025•Science Direct, Proskauer, BTG Pactual, SimSpace
•
SimSpace Raises $39 Million for Cyber Range PlatformSecurityWeek•Oct 28, 2025•SimSpace, L2 Point, Communitas Capital, BTG Pactual
•
SimSpace Appoints Peter Lee as CEO to Drive Growth; Hutchison Remains on BoardPR Newswire•Jun 06, 2025•SimSpace
•
AmiViz and SimSpace to Deliver Advanced Cyber Range and Security Skill DevelopmentChannel Post Middle East & Africa•Apr 10, 2025•SimSpace
•
Commvault and SimSpace Launch Cyber Recovery Platform for Real-World Attack SimulationsExpress Computer•Apr 04, 2025•Commvault, SimSpace
•
SimSpace Appoints Industry Veteran Peter Lee to Board of DirectorsPR Newswire•Feb 12, 2025•SimSpace, RapidMiner
•
SimSpace Welcomes Matt Knutsen as New Chief Revenue Officer to Spearhead Expansion PlanPR Newswire•May 02, 2024•SimSpace, Immersive Labs
•
•
Graylog Appoints Ross Brewer as Vice President and Managing Director EMEA to Support its Strong International GrowthPR Newswire•Mar 18, 2024•Graylog, SimSpace
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about SimSpace
Explore our recently published companies
- Uvtcpl - India based, Unfunded company
- Diamondexch99 - Unfunded company
- Krishna's Herbal & Ayurveda - Jodhpur based, 2007 founded, Funding Raised company
- Dash - Atlanta based, 2025 founded, Unfunded company
- Bregma Science LLP - Bengaluru based, Unfunded company
- Nordible - Mumbai based, 2015 founded, Unfunded company
