AAA Telefónica sweeps up iHackLabs

Telefónica sweeps up iHackLabs

iHackLabs, a UK-based cybersecurity training platform developer backed by telecommunications firm Telefónica, has been acquired by the latter’s cyber safety subsidiary, ElevenPaths, for an undisclosed sum, Tech.eu reported on Monday.

Founded in 2015, iHackLabs offers simulations and training software for cybersecurity professionals as part of a subscription service.

The company had formed a strategic partnership with ElevenPaths in 2018 that led to an undisclosed amount of funding from another Telefónica unit, Wayra, later that year.

Telefónica’s cloud computing and data services subsidiary, Telefónica Tech, is responsible for operating ElevenPaths. The iHackLabs’acquisition comes roughly two weeks after ElevenPaths purchased another Wayra portfolio company, Govertis.

 

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