Cowbell Cyber Secures $25 Million in Funding to Detect Cybersecurity Threats Using AI Technology
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Network threat monitoring and insurance company Cowbell Cyber announced a further financing of $25 million, utilizing artificial intelligence and machine learning technologies to monitor customers' cybersecurity. Aramco Ventures, a subsidiary of Saudi Arabian oil giant Aramco, also participated in this round of investment. Cowbell's AI/ML platform is capable of assessing the cyber risks of organizations and helping customers reduce the amount of ransomware ransom payments.
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