CyberFortress, an insuretech startup focused on protecting e-commerce companies from cyber threats, announces that it has closed a $3 million seed round co-led by Greycroft and LiveOak Venture Partners. The funds will be used to expand its product development team in order to accelerate its product launch in the Texas market, which is anticipated for early 2020. CyberFortress … [Read more...] about CyberFortress Announces $3 Million Seed Fundraising Round
cyber insurance market
Arceo.ai Secures $37 Million of Funding: Platform will provide insurance carriers and brokers an efficient and effective data-driven approach to write cyber insurance
Arceo.ai, provider of the leading end-to-end cyber risk analytics and insurance platform, today announced it has secured $37 million in overall funding. The funding was led by Lightspeed Venture Partners and Founders Fund with participation from CRV and UL Ventures. In addition, Hemant Shah, founder and former CEO of RMS, the world's leading catastrophe risk modeling company, … [Read more...] about Arceo.ai Secures $37 Million of Funding: Platform will provide insurance carriers and brokers an efficient and effective data-driven approach to write cyber insurance
Tel Aviv Based Cyber Risk Modeling Company Kovrr Raises $5.5 Million
Kovrr is pioneering the use of AI to transparently predict and price cyber risk. The funding round is led by leading venture capital firms StageOne Ventures, Mundi Ventures and Innocells, corporate venture arm and digital innovation hub of Banco Sabadell. Kovrr, a Tel Aviv based predictive cyber risk modeling company today announced a $5.5 Million financing round. The round … [Read more...] about Tel Aviv Based Cyber Risk Modeling Company Kovrr Raises $5.5 Million