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Venture Capital

Coalition Secures $40M In Funding To Democratize Access To Cybersecurity

by posted 8months ago 67 views
Ribbit Capital, Greenoaks Capital, and Hillhouse Capital Invest as Coalition Scales Technology Platform to Mitigate Cyber Risk SAN FRANCISCO, May 9, 2019-- Coalition, the leading cyber insurance company for small and midsize businesses, today announced it has closed a $40 million funding round. Ribbit Capital led the investment with participation from Greenoaks Capital and Hillhouse Capital. Coalition aims to solve cyber risk for all organizations by democratizing access to cybersecurity tools that prevent and mitigate loss, along with expert incident response and comprehensive insurance coverage should all else fail.