Cyber MGU At-Bay, three months after securing a $185 million venture capital financing round, is celebrating raising another $20 million.
How to classify this additional $20 million infusion from new investor ION Crossover Partners comes down to venture capital semantics. The new money is considered an extension of the company’s Series D Round (the $185 million from July), boosting the overall Series D total to $205 million.
The total cash raise, as disclosed in July, is going toward new product development and expansion into new markets.
“At-Bay’s success helping SMBs experience fewer ransomware incidents is resonating with customers and investors alike,” Rotem Iram, Co-Founder and CEO of At-Bay, said in prepared remarks. “ION has an impressive track record of shepherding startups to successful outcomes, and we are proud to have them as an investor.”
At-Bay recently announced a collaboration with Microsoft to help SMBs proactively manage cyber risk.. At-Bay has raised $292 million to date.
Source: At-Bay



Allianz Built an AI Agent to Train Claims Professionals in Virtual Reality
Preparing for an AI Native Future
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers
Modern Underwriting Technology: Decisive Steps to Successful Implementation 



