.Cyber insurance organization Cowbell has brought up $60 million in Series C backing coming from Zurich Insurance policy Team, carrying the complete brought up by the firm to over $200 million.Founded in 2019, the Pleasanton, CA-based business provides small and also medium-sized organizations (SMEs) with flexible cyber insurance, powered by its own AI-assisted, ongoing underwriting system.SMBs can make use of the company's Cowbell Variable score mark to assess their cyber risk as well as receive the insurance protection that matches their protection dangers..Cowbell, which looks for to safeguard and inform SMBs from existing and also developing dangers, supplies cyber threat warnings, continuous threat examination, a closed-loop strategy to jeopardize control, and superior rewards for policy producers to improve their protection posture.The company plans to make use of the brand-new financial investment to scale operations, extend to key global markets, introduce brand-new items, and also boost its own partnerships.On top of that, it is going to take advantage of the latest innovations in AI and also generative AI to broaden its own technological facilities." Along with a processed concentrate on item growth, our team will accelerate our attempts to supply enhanced and reliable cyber insurance policy options to SMEs and also mid-market companies around the globe, ensuring they possess the defense and also resources they require to navigate the climbing threats in the evolving cyber garden," Cowbell creator and also chief executive officer Jack Kudale claimed.Cowbell possesses staff members in the US, Canada, the UK, and India and delivers cyber insurance coverage to SMBs in all fifty US states, the Area of Columbia, as well as the UK.Advertisement. Scroll to proceed analysis.Related: ZeroTier Elevates $13.5 Million in Series A Funding.Connected: Vanta Raises $150 Thousand at $2.45 Billion Evaluation.Associated: Linx Safety Raises $33M to Outfit Digital Identification Threats.Associated: Data Surveillance Firm Cyberhaven Elevates $88 Thousand at $488 Thousand Appraisal.