RangeForce
RangeForce is a technology company.
Financial History
RangeForce has raised $38.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has RangeForce raised?
RangeForce has raised $38.0M in total across 3 funding rounds.
RangeForce is a technology company.
RangeForce has raised $38.0M across 3 funding rounds.
RangeForce has raised $38.0M in total across 3 funding rounds.
RangeForce has raised $38.0M in total across 3 funding rounds.
RangeForce's investors include Energy Impact Partners, Marathon Venture Capital, Paladin Capital Group.
RangeForce is a cybersecurity technology company that builds a cloud-based cyber range platform for hands-on training and simulations to enhance defensive skills, teamwork, and operational readiness for SOC (Security Operations Center) teams, threat hunters, DevOps, and IT professionals.[2][3][5] It serves enterprises across financial, technology, healthcare, and government sectors, solving the global cyber skills shortage by providing affordable, scalable exercises that mimic real-world attacks using tools from vendors like CrowdStrike, Splunk, Palo Alto Networks, Microsoft, and Fortinet, while mapping skills to frameworks like NIST and MITRE.[3][4][6] The platform emphasizes personalized AI-powered learning plans, team exercises against APT groups and ransomware, and individual labs to build technical and soft skills like communication and prioritization, with recent advancements in AI-driven content creation.[1][3]
Notably, on September 23, 2025, Cyberbit acquired RangeForce, combining their strengths to create an AI-powered operational cyber readiness platform for businesses and governments, enhancing from entry-level training to advanced threat simulations.[1]
RangeForce originated from Vequrity Inc., founded in 2014 in Norfolk, Virginia, with roots in Estonia through key figures like CTO Margus Ernits, who sketched a virtual training system while teaching cybersecurity.[2][6] The idea emerged from a need to democratize defensive cyber skills amid a talent shortage, initially tested in early 2015 at a student competition with strong feedback, followed by refinement via TechStars NYC to target enterprises.[5][6] Founders drew from specialized experience with the NATO cyber range, focusing on hands-on simulations for IT pros, developers, and DevOps teams to fend off attacks on critical assets.[4][6]
Early traction came from global customers like Microsoft, Pipedrive, Barclays, and Santander, including a Microsoft collaboration for certifying skills in simulated environments; this evolved into RangeForce 2.0 by enhancing scalability with new virtual server architecture for faster, vendor-integrated training.[5][6][7] The 2025 Cyberbit acquisition marked a pivotal milestone, integrating RangeForce's cloud ranges with Cyberbit's hyper-realistic simulations.[1]
RangeForce rides the surging demand for cyber workforce upskilling amid escalating threats, a global talent shortage, and AI-driven attack sophistication, timing perfectly with post-2025 regulatory pushes for operational resilience in SOCs and IR (Incident Response) teams.[1][4][6] Market forces like rising ransomware and APTs favor its realistic, measurable training over passive methods, influencing the ecosystem by democratizing access—equipping non-specialists in finance, healthcare, and tech with defensive skills, reducing vulnerabilities, and partnering with giants like Microsoft to certify capabilities.[5][6]
The Cyberbit acquisition amplifies this, setting benchmarks for AI-grounded readiness platforms that evolve with threats, bridging skills gaps for governments and enterprises while enabling scalable DevSecOps hygiene.[1][2]
Post-acquisition, RangeForce (now under Cyberbit) will likely accelerate AI enhancements for hyper-personalized, threat-adaptive simulations, expanding into government via partners like Carahsoft and deepening integrations with vendor tools.[1][7] Trends like AI-augmented threats and zero-trust mandates will shape its path, potentially growing influence through standardized certifications and leaderboard-driven competitions to retain talent in a tight market.[3][6] As cyber readiness becomes table stakes, this combined entity could redefine scalable training, turning SOCs into proactive defenses and solidifying RangeForce's legacy from 2014 innovator to global resilience leader.[1][5]
RangeForce has raised $38.0M across 3 funding rounds. Most recently, it raised $20.0M Series B in March 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2023 | $20.0M Series B | Energy Impact Partners, Marathon Venture Capital, Paladin Capital Group | |
| Jul 1, 2020 | $15.0M Series A | Energy Impact Partners, Marathon Venture Capital, Paladin Capital Group | |
| May 1, 2019 | $3.0M Seed | Marathon Venture Capital, Paladin Capital Group |