Cybersecurity Investment

Blackpanda Secures US$6.7 Million Investment to Enhance Cyber Emergency Response Services in Asia

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Blackpanda, a Singaporean company providing cyber emergency response services for businesses, has secured a substantial boost with a US$6.7 million strategic investment round co-led by Singtel Innov8 and Gaw Capital Partners, alongside WI Harper Group. This funding aims to propel Blackpanda’s expansion throughout Asia while enhancing its flagship “IR-1” cybersecurity solution. The investment, which brings … Read more

Inscora Secures $2M to Drive Cyber Insurance for Brokers

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Inscora, a Montreal-based startup specializing in automated cyber risk assessment and sales enablement for cyber insurance brokers, has secured $2 million in funding. The investment round was spearheaded by Luge Capital, with contributions from Desjardins Capital, Accelia Capital, Inovia Capital, and prominent angel investors from the cybersecurity sector. Co-founded by cybersecurity veterans Gabriel Tremblay, Pierre-David … Read more

Cyber Cat Bonds Hold Up in Secondary Market; More Expected

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Cyber cat bonds issued over the last year are trading above par, “(a)n indication that these bonds are sought after in the secondary market and have not seen spread widening, but in fact have seen spreads tightening,” Dirk Schmelzer, Head Portfolio Manager ILS/CAT Bonds and Partner at Plenum Investments AG, told Artemis, a provider of … Read more

CyberSaint Secures $21M in Funding to Spearhead Global Cyber Risk Management Innovation

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Boston-based CyberSaint has successfully raised $21M in Series A funding to fuel its global expansion and further develop its innovative CyberStrong platform. This strategic infusion of capital, led by Riverside Acceleration Capital (RAC), with contributions from Sage Hill Investors, Audeo Capital, and BlueIO, marks a significant leap in cyber risk management solutions. Jerry Layden, CEO … Read more

Ballistic Ventures Raises $360 Million to Fuel Cybersecurity Innovation: What It Could Mean for Cyber Insurance Coverage

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Ballistic Ventures has closed its second fund, gathering $360 million to fuel innovations in the cybersecurity arena. This development marks a significant milestone in the firm’s commitment to fostering the next generation of cybersecurity solutions. With the sector’s total addressable market projected to swell to between $1.5 trillion and $2 trillion, Ballistic Ventures aims to … Read more

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