About

SimSpace provides advanced cyber range platforms that allow organizations to simulate cyber attacks and defenses in virtual environments. These platforms enable clients to create realistic attack scenarios to train their cybersecurity teams and enhance their security measures. SimSpace serves a wide range of clients, including enterprises, government agencies, military, and critical infrastructure sectors. What sets SimSpace apart from competitors is its military-grade cyber ranges, which support various deployment models such as secure air-gapped environments and Software-as-a-Service (SaaS) solutions. The company's goal is to help organizations improve their cybersecurity readiness, reduce operational costs, and achieve a strong return on investment, often within a year of using their services.

Simplify's Take

What believers are saying

• The recent $45 million equity raise positions SimSpace for significant growth and expansion into new geographies.
• The appointment of Matt Knutsen as Chief Revenue Officer, with his proven track record, is likely to drive substantial revenue growth and strategic partnerships.
• SimSpace's collaboration with Cymulate enhances their platform's capabilities, making it more attractive to potential clients.

What critics are saying

• The cybersecurity market is highly competitive, and maintaining a unique value proposition is crucial for SimSpace's continued success.
• Rapid expansion and integration of new leadership could lead to operational challenges and strategic misalignments.

What makes Simspace unique

• SimSpace offers military-grade cyber ranges, providing hyper-realistic attack scenarios that are unmatched by most competitors.
• Their platform supports various deployment models, including secure air-gapped environments, on-premises setups, and SaaS solutions, offering flexibility that many competitors lack.
• SimSpace's focus on measurable improvement programs and mission-relevant readiness sets them apart in the cybersecurity training market.