Goldman Sachs invests in Immersive Labs as British cyber start-up raises £6.2m

Immersive Labs was founded in 2017 by an ex-GCHQ researcher.

Goldman Sachs has invested £4.7m in British cyber security firm Immersive Labs (Dominic Lipinski/PA)

By Maryam Cockar, Press Association City Reporter

Goldman Sachs has invested 6 million US dollars (£4.7 million) in a British cyber security firm headed by a former GCHQ staffer.

Last year the Wall Street giant became the first bank to work with Bristol-based start-up Immersive Labs, which builds cyber war games for technology and security professionals, to test the cyber skills of its staff. Other clients include BAE Systems, Sophos and Grant Thornton.