HackEDU, which provides secure coding training for developers, has received a majority investment from Level Equity.
The investment will help the RegTech company further its sales and marketing efforts, as well as scale its development.
HackEDU has experienced a strong 2021, having doubled its orders, customers, and employees. It has also added several Fortune 500 companies to its client base.
In tandem with the investment, HackEDU has named new executives. Joe Ferrara, who has served as a senior advisor to HackEDU since February 2021, will be the RegTech company’s new CEO. Prior to this role, Ferrara served as the senior vice president and general manager of Proofpoint’s Security Awareness Division.
Ralph Massaro joins HackEDU as its new chief revenue officer. During his career, Massaro has served in senior sales executive roles across the technology and cybersecurity space, including at Proofpoint, Wombat Security Technologies, ASA Corp, TekMethods, LogicLibrary, Solvaire Technologies and Intraware.
Finally, Amy Baker will serve as HackEDU’s chief marketing officer. Baker has served in various top marketing roles, including more than six years as VP of Marketing and Product at Wombat Security Technologies.
Following the new appointments, HackEDU co-founders Jared Ablon and Matt Koskela will now serve as president and CTO, respectively.
HackEDU is an interactive secure coding training platform that can be accessed anytime. Its tools are designed to keep them engaged and teach hem secure coding principles.
Ferrara said, “HackEDU is clearly positioned to serve as the industry’s top secure coding training innovator.
“It’s an honour to join Jared and Matt alongside Ralph and Amy to build upon the company’s fast growth and technological success that’s bringing some of the world’s biggest brands a new tool for fortifying their products and services. Level Equity’s investment and the accompanying C-level expertise bolsters HackEDU’s ability to quickly scale and offer significant value to a fast-growing, global customer base that appreciates a hands-on, effective approach for secure coding training.”
Hack The Box, which also provides cybersecurity training tools, recently secured $10.6m in a funding round.
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