Its insurance policies are backed by the Hartford Steam Boiler Inspection and Insurance Co. (HSB), a part of Munich Re. At-Bay has raised $13m in series A funding to develop its "proactive cybersecurity monitoring service" and insurance products. The company is also looking for a new CEO after the departure of former chief executive David Vance. This, in turn, helps companies identify ways of improving their cybersecurity. The funding round was jointly led by Keith Rabois of Khosla Ventures, Lightspeed's Yoni Cheifetz and Shlomo Kramer, the CEO of Cato Networks, the last of whom will join At-Bay's board. The new investment brings total funding in the start-up to $19m.
At-Bay has raised $13m in series A funding to develop its "proactive cybersecurity monitoring service" and insurance products. The company is also looking for a new CEO after the departure of former chief executive David Vance. This, in turn, helps companies identify ways of improving their cybersecurity. The funding round was jointly led by Keith Rabois of Khosla Ventures, Lightspeed's Yoni Cheifetz and Shlomo Kramer, the CEO of Cato Networks, the last of whom will join At-Bay's board. The new investment brings total funding in the start-up to $19m.