Cyber Insurance Startup Secures $13 Million in Series A

At-Bay, a cyber insurance company, closed a $13 million Series A funding round co-led by Keith Rabois of Khosla Ventures, Yoni Cheifetz of Lightspeed, and Shlomo Kramer.

At-Bay’s cyber security research and modelling approach is designed to deliver security and financial exposure insights to its customers through a proactive, comprehensive risk management program. Scans for new vulnerabilities enable At-Bay’s customers to predict risks based on emerging threats and close security holes quickly. Its policies are backed by the Hartford Steam Boiler Inspection and Insurance Company (HSB), a part of insurance giant Munich Re.