.Cyber insurance coverage firm Cowbell has reared $60 million in Series C funding from Zurich Insurance Group, taking the overall brought up due to the provider to over $200 million.Founded in 2019, the Pleasanton, CA-based firm supplies small and also medium-sized business (SMEs) with flexible cyber insurance policy, powered through its own AI-assisted, continual underwriting platform.SMBs can make use of the company's Cowbell Aspect score mark to evaluate their cyber risk and also get the insurance protection that matches their protection risks..Cowbell, which seeks to defend and enlighten SMBs coming from existing as well as arising threats, gives cyber threat precautions, ongoing threat analysis, a closed-loop approach to jeopardize administration, and costs motivations for plan creators to boost their safety and security standpoint.The firm intends to utilize the brand-new investment to size operations, grow to crucial worldwide markets, launch new items, and also reinforce its own alliances.On top of that, it is going to make use of the most recent developments in AI and also generative AI to increase its own technical infrastructure." Along with a polished pay attention to item development, our experts will definitely increase our initiatives to provide sophisticated as well as efficient cyber insurance policy solutions to SMEs and also mid-market companies internationally, ensuring they possess the security and also devices they need to have to browse the rising hazards in the growing cyber landscape," Cowbell creator and also CEO Port Kudale pointed out.Cowbell possesses staff members in the US, Canada, the UK, as well as India and gives cyber insurance to SMBs with all fifty US states, the District of Columbia, and also the UK.Advertisement. Scroll to proceed reading.Related: ZeroTier Raises $13.5 Million in Set A Backing.Connected: Vanta Raises $150 Million at $2.45 Billion Assessment.Connected: Linx Safety And Security Raises $33M to Tools Digital Identity Threats.Associated: Information Safety And Security Organization Cyberhaven Increases $88 Thousand at $488 Million Evaluation.