Move fast and break things is a disruptor’s mantra. Except in the insurance business when it involves AI enhanced software maker Comulate, a fake brokerage, and billion dollar private equity backers.

New automation possibilities offered by AI may change intrinsic properties of cyber risks. Cyber insurance has been seen as a crucial tool in cybersecurity for two reasons: First, insurance against ...

The two-decade reign of the SaaS model is facing a major threat from AI agents—and software stocks are feeling the pain.

Another important advantage is the reduction in IT overhead. On-premises environments require continuous monitoring, patching, hardware refreshes and extensive staffing. SaaS shifts this ...

“Technology private equity, in its current form, is dead,” Isaac Kim, a partner at venture capital firm Lightspeed who previously led Elliott Investment Management’s tech private equity business, said ...

The financing was led by CRV, with backing from South Park Commons, Foundation Capital and a number of angel investors.