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'All investors and employees made money': At-Bay CEO defends $575 million sale
Israeli cyber insurer At-Bay is being sold to Munich Re for $575 million; CEO Rotem Iram says the deal rewards investors, employees and years of growth
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thenextweb.com
Munich Re buys cyber-insurer At-Bay for $575mn
Munich Re has agreed to buy cyber-insurance startup At-Bay for $575mn, less than half its $1.35bn 2021 valuation, in a reset for the insurtech market.
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jpost.com
German giant acquires Israeli company for $575 million | The Jerusalem Post
Munich Re will acquire Israeli cyber insurer At-Bay for $575M. Founded in 2016 with 280 employees, the company will join Munich Re subsidiary HSB.
