Security

Cyber Insurance Company Cowbell Brings Up $60 Thousand

.Cyber insurance coverage company Cowbell has actually brought up $60 thousand in Series C funding coming from Zurich Insurance policy Group, taking the overall increased by the firm to over $200 million.Established in 2019, the Pleasanton, CA-based company gives small and also medium-sized companies (SMEs) along with flexible cyber insurance policy, powered by its own AI-assisted, constant underwriting system.SMBs may use the company's Cowbell Aspect rating mark to evaluate their cyber risk as well as receive the insurance protection that matches their protection hazards..Cowbell, which seeks to guard and also educate SMBs from existing as well as emerging hazards, delivers cyber danger precautions, continual danger assessment, a closed-loop technique to run the risk of control, and also fee motivations for plan producers to boost their safety position.The provider prepares to make use of the brand new expenditure to scale operations, extend to crucial global markets, offer brand new products, as well as boost its collaborations.Furthermore, it will utilize the latest innovations in artificial intelligence and generative AI to extend its own technological commercial infrastructure." Along with an enhanced focus on item expansion, our team are going to increase our efforts to supply state-of-the-art and effective cyber insurance coverage answers to SMEs and mid-market services worldwide, ensuring they possess the security and tools they require to navigate the increasing threats in the advancing cyber landscape," Cowbell founder and also chief executive officer Port Kudale pointed out.Cowbell has workers in the US, Canada, the UK, and also India as well as offers cyber insurance coverage to SMBs with all fifty US states, the District of Columbia, and also the UK.Advertisement. Scroll to continue reading.Connected: ZeroTier Raises $13.5 Million in Collection A Funding.Connected: Vanta Raises $150 Thousand at $2.45 Billion Valuation.Associated: Linx Safety Raises $33M to Tackle Digital Identification Threats.Related: Information Surveillance Organization Cyberhaven Raises $88 Million at $488 Million Valuation.