Cybersecurity
Cyber Startup At-Bay Valued at $1.35 Billion After Funding Round
- CEO says firm has doubled headcount and plans more hiring
- Icon Ventures, Lightspeed led investors in fundraising round
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At-Bay Inc., an insurance startup focused on cyber coverage, raised $185 million in a funding round that valued the company at $1.35 billion.
Icon Ventures Inc. and Lightspeed Venture Partners led the round, which brought At-Bay’s total funding raised to $272 million, the company said Tuesday in a statement. The startup also said it will add Icon’s Preeti Rathi to its board.