At-Bay announced the closing of a $185 million Series D financing. The new funding round was co-led by Icon Ventures and Lightspeed Venture Partners, with participation from existing investors including Khosla Ventures, M12, Acrew Capital, Qumra Capital, the HSB fund of Munich Re Ventures, entrepreneur Shlomo Kramer, and Glilot Capital. As the cyber insurance industry adapts to ransomware losses, At-Bay’s cyber security expertise has unlocked unprecedented growth, while minimizing losses to less than half of … More

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