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Cyber Insurance Firm Cowbell Raises $20 Million


By Eduard Kovacs on March 12, 2021
California-based cyber insurance firm Cowbell Cyber this week announced raising $20 million in a Series A funding round.
The company previously raised $3.3 million in seed funding, which it announced in September 2019 when it emerged from stealth mode.
The Series A round was led by Brewer Lane Ventures, with participation from Pivot Investment Partners, Avanta Ventures, Markel Corporation, ManchesterStory, Tri-Valley Ventures, and Holmes Murphy. The money will be used to increase Cowbell’s footprint and to boost product development, risk engineering, sales, and marketing.
Cowbell did not disclose a valuation for the latest funding round. However, sources close to the company put the valuation close to $100 million. ....

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