Cyber insurance startup At-Bay raises $34 million in Series B
Mountain View-based cyber insurance startup At-Bay announced a $34 million Series B funding round, led by Acrew Capital and Munich Re Ventures, through its HSB fund. Existing investors Khosla Ventures, Lightspeed Venture Partners, and entrepreneur Shlomo Kramer also participated in the round. With the new investment, At-Bay has raised a total of $51 million to date.
Established in 2016, At-Bay – currently a team of 43 – offers cyber insurance coverage to businesses and – as part of the insurance policy – its security team “monitors the perimeter of each portfolio company, actively alerting them of new vulnerabilities.”
The company operates in the space of Coalition, Cowbell Cyber and Corvus Insurance; to name a few.