CyberCube raises $35M in Series B

Cyber risk analytics company CyberCube  announced it has finalized a $35 million Series B capital raise.

The funding was led by HSCM Bermuda and ForgePoint Capital. In addition, Michael Millette, Founder and Managing Partner at HSCM Bermuda will join CyberCube’s Board of Directors.

Established in 2015, CyberCube delivers software-as-a-service for cyber aggregation modeling and individual risk underwriting.  Since its launch in January 2018, the company has on-boarded Aon, Munich Re, CNA and Chubb; to name a few.

“Cyber represents one of the greatest market opportunities in the history of property & casualty insurance. CyberCube’s mission is to deliver the world’s leading cyber risk analytics to enable insurance institutions to take advantage of this opportunity in a data-driven way CyberCube is already supported by one of the premier venture capital investors in cybersecurity and we are excited to add one of the premier venture capital investors in InsurTech as an additional partner in achieving our mission.” – Pascal Millaire, CEO of CyberCube.