.Cyber insurance coverage company Cowbell has actually increased $60 million in Series C financing from Zurich Insurance policy Group, taking the overall brought up due to the business to over $200 thousand.Established in 2019, the Pleasanton, CA-based company delivers small and medium-sized business (SMEs) along with adaptive cyber insurance coverage, powered through its AI-assisted, ongoing underwriting platform.SMBs can utilize the business's Cowbell Element rating index to analyze their cyber danger as well as obtain the insurance policy protection that matches their surveillance threats..Cowbell, which finds to shield as well as inform SMBs coming from existing and also surfacing threats, offers cyber danger warnings, continual risk evaluation, a closed-loop strategy to take the chance of administration, and also fee rewards for policy makers to improve their security viewpoint.The company plans to use the new financial investment to size operations, broaden to vital worldwide markets, present brand new items, and reinforce its own relationships.Additionally, it will certainly make use of the most recent advancements in AI and generative AI to increase its own technical infrastructure." With a polished concentrate on product expansion, we will accelerate our efforts to supply sophisticated as well as dependable cyber insurance answers to SMEs and also mid-market companies around the world, ensuring they have the security as well as devices they need to have to browse the climbing risks in the growing cyber garden," Cowbell owner as well as chief executive officer Port Kudale mentioned.Cowbell possesses workers in the United States, Canada, the UK, and also India as well as supplies cyber insurance policy to SMBs in all 50 US conditions, the Area of Columbia, as well as the UK.Advertisement. Scroll to carry on analysis.Connected: ZeroTier Raises $13.5 Thousand in Collection A Funding.Related: Vanta Raises $150 Million at $2.45 Billion Appraisal.Associated: Linx Safety Raises $33M to Tools Digital Identity Threats.Associated: Data Security Company Cyberhaven Increases $88 Thousand at $488 Thousand Appraisal.