Cyber insurance company Resilience raised an $80M Series C at an undisclosed valuation. The funds will be used to expand in North America and internationally. Resilience currently has 83 employees and is looking to grow its workforce. VentureBeat notes the company has 12 open positions.
- Resilience has now raised $117M since its inception in 2016, according to Crunchbase.
- The cyber insurance market will grow to $20.4B by 2024, from $7.8B last year, according to research firm MarketsandMarkets.
- The number of clients that chose cyber insurance in 2020 was 47%, up from 26% in 2016, according to the Government Accountability Office.
- Resilience didn't share information about its revenue or customer growth.