NYC-based Elpha Secure, which provides cybersecurity software combined with cyber insurance policies, has raised a $20M Series A led by Canapi Ventures (Tim Keary/VentureBeat)

Tim Keary / VentureBeat:
NYC-based Elpha Secure, which provides cybersecurity software combined with cyber insurance policies, has raised a $20M Series A led by Canapi Ventures  —  Data breaches aren’t cheap.  If an organization fails to protect its critical data assets, then it can cost millions to repair the damage done.

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Taryn Plumb / VentureBeat:
CyberCube, a cyber risk analytics service for insurers, raised $50M from Morgan Stanley Tactical Value, bringing its total raised to over $100M  —  Undoubtedly, cybersecurity — and the management of risk — is top of mind for most business leaders today.  —  Consider that nearly 75% …

New York City-based IronVest, which uses biometric authentication and AI to verify the identity of users online, raised a $23M seed led by Accomplice (Tim Keary/VentureBeat)

Tim Keary / VentureBeat:
New York City-based IronVest, which uses biometric authentication and AI to verify the identity of users online, raised a $23M seed led by Accomplice  —  The challenge of assuring identity is becoming more and more difficult.  According to the Federal Trade Commission (FTC) …

Insurance giant Zurich’s $100M+ settlement to cover losses suffered by Mondelez International from NotPetya may reshape the entire cyber insurance marketplace (Suzanne Smalley/CyberScoop)

Suzanne Smalley / CyberScoop:
Insurance giant Zurich’s $100M+ settlement to cover losses suffered by Mondelez International from NotPetya may reshape the entire cyber insurance marketplace  —  The settlement last week in a $100 million lawsuit over whether insurance giant Zurich should cover losses Mondelez International suffered …

Resonai, whose Vera service creates digital twins of commercial buildings using AI and AR, raised a $20M Series A extension, bringing the round’s total to $30M (Sri Krishna/VentureBeat)

Sri Krishna / VentureBeat:
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DC-based Pie Insurance, which uses data and analytics to help SMBs get insurance digitally, raised a $315M Series D, bringing its total funding to $615M+ (Ana Lucía Murillo/Washington …)

Ana Lucía Murillo / Washington, D.C. Business Journal:
DC-based Pie Insurance, which uses data and analytics to help SMBs get insurance digitally, raised a $315M Series D, bringing its total funding to $615M+  —  Pie Insurance has raised yet another staggering round of funding to create new lines of business for the tech-enabled insurance firm.

Isovalent, the creator of open-source networking and security solution for cloud environments Cilium, has raised a $40M Series B led by Thomvest Ventures (Taryn Plumb/VentureBeat)

Taryn Plumb / VentureBeat:
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