.Cyber insurance organization Cowbell has increased $60 million in Series C backing from Zurich Insurance policy Team, bringing the overall raised by the provider to over $200 million.Founded in 2019, the Pleasanton, CA-based company supplies small and also medium-sized companies (SMEs) with flexible cyber insurance policy, powered through its own AI-assisted, constant underwriting system.SMBs can easily make use of the company's Cowbell Factor rating mark to assess their cyber risk as well as get the insurance coverage that matches their safety and security dangers..Cowbell, which finds to safeguard as well as enlighten SMBs coming from existing as well as developing hazards, delivers cyber risk cautions, continuous risk assessment, a closed-loop method to take the chance of administration, and costs incentives for policy creators to boost their security standpoint.The company prepares to use the brand-new assets to size procedures, expand to key international markets, present brand new products, and also reinforce its own partnerships.Moreover, it is going to take advantage of the most up to date advancements in artificial intelligence as well as generative AI to increase its own technical structure." Along with a refined concentrate on product expansion, our experts will increase our initiatives to deliver enhanced and also reliable cyber insurance policy answers to SMEs and also mid-market organizations internationally, guaranteeing they have the security and devices they need to browse the increasing dangers in the advancing cyber landscape," Cowbell creator as well as chief executive officer Port Kudale claimed.Cowbell possesses workers in the US, Canada, the UK, and also India and provides cyber insurance coverage to SMBs in each fifty US conditions, the District of Columbia, and also the UK.Advertisement. Scroll to proceed analysis.Connected: ZeroTier Elevates $13.5 Million in Set A Financing.Related: Vanta Raises $150 Thousand at $2.45 Billion Valuation.Related: Linx Safety And Security Increases $33M to Implements Digital Identity Threats.Associated: Information Safety And Security Agency Cyberhaven Increases $88 Thousand at $488 Thousand Valuation.