The company intends to use the funds to expand its product development team in order to accelerate its product launch in the Texas market, which is anticipated for early 2020. Formed in 2018 and led by Huw Edwards, CEO, CyberFortress is building a parametric, online revenue interruption policy for e-commerce companies that insures them against the risk of downtime resulting from a wide range of potential cyber events including cyber attacks, internal errors, or third-party failure.

https://www.finsmes.com/2019/09/cyberfortress-raises-3m-in-seed-funding.html