SimSpace Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
200
- Latest Deal Type
-
Series 3
- Latest Deal Amount
-
$45M
- Investors
-
2
SimSpace General Information
Description
Developer of a cybersecurity risk management platform intended to identify and detect data threats in an organization. The company's platform specializes in providing an automated, cost-effective evaluation method for calculating cyber risks by identifying, detecting, deceiving and defeating malware and ransomware attacks caused to the core assets of the company, enabling clients to understand their current cyber risk and take steps to reduce it through cyber military-style exercises.
Contact Information
Website
www.simspace.comCorporate Office
- 320 Congress Street
- Suite 7
- Boston, MA 02210
- United States
Corporate Office
- 320 Congress Street
- Suite 7
- Boston, MA 02210
- United States
SimSpace Timeline
SimSpace Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series 3) | 19-Dec-2023 | $45M | 000.00 | 00000 | Completed | Generating Revenue |
| 4. Debt - General | 03-Apr-2023 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 3. Debt - General | 12-Jul-2022 | 0000 | 0000 | Completed | Generating Revenue | |
| 2. Debt - PPP | 01-May-2020 | $1.76M | Completed | Generating Revenue | ||
| 1. Accelerator/Incubator | 23-Oct-2017 | Completed | Generating Revenue |
SimSpace Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series 3 | 00,000,000 | 00.000000 | 000 | 00.00 | 00.00 | 00 | 00.00 | 000 |
| Series 2 | 000 | 00.000000 | 0.000 | 0000000 | 0000000 | 00 | 0000000 | 00 |
| Series 1A | 23,090,142 | $0.000100 | 7.6% | $0.53 | $0.53 | 1x | $0.53 | 14.13% |
| Series 1 | 1,095,000 | $0.000100 | 6% | $0.78 | $0.78 | 1x | $0.78 | 0.67% |
SimSpace Comparisons
Industry
Financing
Details
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SimSpace Competitors (42)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| UpGuard | Venture Capital-Backed | Mountain View, CA | 000 | 000.00 | 00000000000 | 000.00 |
| Cymulate | Venture Capital-Backed | Tel Aviv, Israel | 000 | 00000 | 00000000000 | 00000 |
| SafeBreach | Venture Capital-Backed | Sunnyvale, CA | 000 | 00000 | 00000000000 | 00000 |
| Radiflow | Formerly VC-backed | Tel Aviv, Israel | 00 | 0000 | 000000&0 | 0000 |
| Cynet | Venture Capital-Backed | Boston, MA | 000 | 0000 | 00000000000 | 0000 |
SimSpace Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
SimSpace Executive Team (9)
| Name | Title | Board Seat |
|---|---|---|
| William Hutchison | Co-Founder and Chief Executive Officer | |
| Lee Rossey | Co-Founder & Chief Technology Officer | |
| Matt Knutsen | Chief Revenue Officer | |
| Ron Gorman | Chief of Staff | |
| Clint Sand | Chief Product Officer |
SimSpace Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
SimSpace Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Arsenal Growth | Growth/Expansion | Minority | 000 0000 | 000000 0 |
| L2 Point Management | Growth/Expansion | Minority | 000 0000 | 000000 0 |
SimSpace FAQs
-
When was SimSpace founded?
SimSpace was founded in 2015.
-
Who is the founder of SimSpace?
William Hutchison and Lee Rossey are the founders of SimSpace.
-
Who is the CEO of SimSpace?
William Hutchison is the CEO of SimSpace.
-
Where is SimSpace headquartered?
SimSpace is headquartered in Boston, MA.
-
What is the size of SimSpace?
SimSpace has 200 total employees.
-
What industry is SimSpace in?
SimSpace’s primary industry is Network Management Software.
-
Is SimSpace a private or public company?
SimSpace is a Private company.
-
What is the current valuation of SimSpace?
The current valuation of SimSpace is 00000.
-
What is SimSpace’s current revenue?
The current revenue for SimSpace is 00000.
-
How much funding has SimSpace raised over time?
SimSpace has raised $67.6M.
-
Who are SimSpace’s investors?
Arsenal Growth and L2 Point Management have invested in SimSpace.
-
Who are SimSpace’s competitors?
UpGuard, Cymulate, SafeBreach, Radiflow, and Cynet are some of the 42 competitors of SimSpace.
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