.Cyber insurance organization Cowbell has increased $60 million in Series C financing coming from Zurich Insurance policy Group, bringing the overall raised due to the company to over $200 thousand.Founded in 2019, the Pleasanton, CA-based firm supplies small and also medium-sized organizations (SMEs) along with flexible cyber insurance policy, powered through its AI-assisted, ongoing underwriting system.SMBs may utilize the business's Cowbell Factor score index to analyze their cyber threat and also receive the insurance coverage that matches their safety and security threats..Cowbell, which finds to defend and enlighten SMBs from existing and emerging threats, uses cyber risk warnings, constant threat analysis, a closed-loop approach to take the chance of administration, and also fee incentives for plan manufacturers to enhance their security stance.The business considers to make use of the brand new assets to scale functions, expand to crucial global markets, launch brand-new products, as well as enhance its collaborations.On top of that, it is going to utilize the most up to date innovations in artificial intelligence as well as generative AI to extend its technical facilities." Along with a refined focus on product development, we will definitely increase our efforts to supply innovative and also dependable cyber insurance policy answers to SMEs and also mid-market companies globally, ensuring they have the defense and also resources they need to navigate the rising hazards in the evolving cyber garden," Cowbell founder and also CEO Port Kudale stated.Cowbell possesses employees 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 also the UK.Advertisement. Scroll to carry on analysis.Associated: ZeroTier Elevates $13.5 Thousand in Collection A Backing.Associated: Vanta Raises $150 Thousand at $2.45 Billion Evaluation.Associated: Linx Safety Increases $33M to Outfit Digital Identity Threats.Connected: Information Protection Firm Cyberhaven Elevates $88 Million at $488 Thousand Assessment.