Parametrix Insurance raises $17.5 million to offer cloud downtime insurance

Insurtech is picking up steam in a big way, but startup Parametrix thinks there is still plenty of room left to innovate. The company, which today announced the close of a $17.5 million funding round, offers insurance policies for companies that rely on third-party cloud providers, e-commerce services, payment gateways and CRM systems. In essence, … Continue reading Parametrix Insurance raises $17.5 million to offer cloud downtime insurance