The cybersecurity insurance provider added $20m from Ion Crossover Partners for a round already backed by Microsoft and Munich Re, at a $1.35bn valuation.
US-based cybersecurity insurance provider At-Bay expanded a series D round backed by computing technology producer Microsoft and reinsurance firm Munich Re to $205m on Wednesday.
The company closed a $20m extension from Ion Crossover Partners at a valuation of $1.35bn, adding to a $185m first close in July this year featuring Microsoft unit M12 and Munich Re Ventures, the venture capital arm of Munich Re.
VC firms Icon Ventures and Lightspeed Venture Partners co-led the first tranche and were…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
