.Cyber insurance coverage agency Cowbell has actually raised $60 thousand in Set C backing coming from Zurich Insurance policy Team, bringing the total reared due to the firm to over $200 million.Founded in 2019, the Pleasanton, CA-based firm offers small and medium-sized companies (SMEs) along with flexible cyber insurance coverage, powered through its AI-assisted, ongoing underwriting platform.SMBs may use the provider's Cowbell Element ranking mark to assess their cyber danger as well as obtain the insurance policy coverage that matches their safety and security dangers..Cowbell, which seeks to guard and also inform SMBs coming from existing and also surfacing threats, offers cyber risk warnings, continuous danger assessment, a closed-loop strategy to run the risk of monitoring, as well as fee incentives for plan producers to improve their protection standpoint.The firm plans to make use of the brand new expenditure to scale procedures, grow to vital global markets, offer new products, as well as boost its collaborations.In addition, it will certainly make use of the current advancements in artificial intelligence and generative AI to grow its own technological infrastructure." Along with an enhanced concentrate on product development, our team will definitely accelerate our initiatives to deliver enhanced and also efficient cyber insurance options to SMEs and also mid-market services around the globe, ensuring they possess the defense as well as tools they require to browse the increasing hazards in the evolving cyber garden," Cowbell founder and also chief executive officer Port Kudale said.Cowbell possesses staff members in the US, Canada, the UK, and India and supplies cyber insurance coverage to SMBs in all fifty US states, the District of Columbia, and the UK.Advertisement. Scroll to proceed reading.Associated: ZeroTier Elevates $13.5 Million in Collection A Funding.Related: Vanta Raises $150 Thousand at $2.45 Billion Valuation.Associated: Linx Safety Raises $33M to Trappings Digital Identity Threats.Related: Information Security Organization Cyberhaven Elevates $88 Thousand at $488 Million Valuation.