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Cyber insurer and security company Coalition Inc. said Wednesday it has raised $90 million in additional equity capital.
Funding was led by Chicago-based Valor Equity Partners LP, with participation from Palo Alto, California-based Felicis Ventures Co., London-based Greyhound Capital LLP and Coalition’s existing investors, according to the statement.
Coalition said the funding will help it target three key areas: cybersecurity access, international expansion and new products.
Coalition said last week it is expanding its offering to Canada-based companies, providing cybersecurity products and services as well as cyber and technology errors and omissions insurance.
Cybersecurity firm Coalition Inc. said it is broadening its coverage for small and midsize businesses for General Data Protection Regulation violations.