Coalition, a San Francisco, CA-based cyber insurance provider for small and midsize businesses, acquired Zurich, Switzerland-based Internet scanning and cybersecurity company BinaryEdge.

Following the deal, Coalition is now able to offer 24/7 security monitoring to safeguard an organization, as well as comprehensive insurance coverage for technology failures and cybercrime.

Led by Joshua Motta, CEO, Coalition is a provider of cyber insurance in the United States, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk.

The company provides companies with up to $15 million of cyber and technology insurance coverage in all 50 states and the District of Columbia.

Its cyber risk management platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient in the face of cyber attacks. | To read full story, visit https://startuparound.com/read/1579807810.4699051/Coalition-Acquires-BinaryEdge?ref=audio_experience