Cybersecurity software developer Sonrai Security, small business insurance provider Coterie and fashion brand Love, Bonito each raised $50m in corporate-backed rounds.
Funding
Cybersecurity software provider Istari led a $50m series C round on Tuesday for Sonrai Security, a US-based developer of cybersecurity technology for public clouds. New Brunswick Innovation Fund (NBIF), Polaris Partners, Menlo Ventures and TenEleven Ventures also took part in the round, the last three having provided $20m in series B funding for the company in October 2020. Sonrai had emerged from stealth in January 2019 with $18.5m from a series A round co-led by Polaris Partners and TenEleven…
