Friday, 24 March, 2023

Fundraise values cyber insurance firm Coalition at $5B

<p>At a time when businesses are increasingly at risk from cyberattacks, Coalition announced on Friday that it had raised $250M in a late-stage investment round last month.&nbsp;The cyber insurance provider valued at $5B. The five-year-old business offers cybersecurity technologies as part of its insurance package. It assists over 160,000 enterprises in reducing digital risk and had an almost threefold increase in income from the previous year.</p>