The cybersecurity training platform developer has now raised a total of $123m as of the close of a Citi Ventures-backed round.

Citi Ventures, the corporate venturing arm of financial services firm Citi, took part in a $75m series C round for UK-based cybersecurity training platform operator Immersive Labs yesterday.

The round was led by private equity and venture capital firm Insight Partners and included investment bank Goldman Sachs’ Asset Management subsidiary and VC firm Menlo Ventures.

Immersive Labs’ cloud-based cyber workforce optimisation platform enables the employees of organisations to measure and improve their cybersecurity skills, using data analysis to detect skill…