SAN FRANCISCO, January 23, 2020-- Socotra, a San Francisco-based company with the only cloud-native core platform that enables insurance companies to rapidly develop and deploy new products, announced today that it has raised $15.2 million in a Series B funding round led by Brewer Lane Ventures with participation from Portag3 Ventures, 8VC, and MS&AD Ventures. This round of funding caps off a total of $26 million raised in 15 months and highlights strong investor interest in technology that transforms the way insurance products are created and scaled.