.Cyber insurance firm Cowbell has raised $60 thousand in Series C financing from Zurich Insurance coverage Group, delivering the total increased by the provider to over $200 million.Established in 2019, the Pleasanton, CA-based provider offers little and medium-sized enterprises (SMEs) along with adaptive cyber insurance, powered through its own AI-assisted, constant underwriting platform.SMBs can use the company's Cowbell Factor ranking mark to analyze their cyber risk and also get the insurance policy protection that matches their surveillance dangers..Cowbell, which looks for to shield and also teach SMBs coming from existing and developing dangers, delivers cyber danger cautions, continuous threat evaluation, a closed-loop strategy to take the chance of management, and superior motivations for policy creators to improve their protection posture.The company organizes to make use of the new financial investment to scale procedures, extend to essential global markets, present new products, as well as boost its own partnerships.On top of that, it will definitely take advantage of the most recent innovations in AI and generative AI to expand its own technological framework." Along with a refined focus on product development, we will definitely accelerate our attempts to supply sophisticated and also reliable cyber insurance policy solutions to SMEs and mid-market businesses worldwide, guaranteeing they have the defense as well as devices they need to have to navigate the rising hazards in the evolving cyber landscape," Cowbell creator and also CEO Port Kudale mentioned.Cowbell possesses staff members in the United States, Canada, the UK, and also India and also delivers cyber insurance policy to SMBs in each 50 US conditions, the District of Columbia, as well as the UK.Advertisement. Scroll to proceed reading.Associated: ZeroTier Elevates $13.5 Thousand in Collection A Backing.Associated: Vanta Increases $150 Million at $2.45 Billion Appraisal.Connected: Linx Protection Elevates $33M to Tackle Digital Identity Threats.Connected: Data Protection Company Cyberhaven Increases $88 Thousand at $488 Thousand Evaluation.