Durable Capital, T. Rowe Price and Whale Rock Capital led a $205m Series E funding round in Coalition.

Private equity firms Durable Capital, T. Rowe Price and Whale Rock Capital led a $205m Series E funding round in Coalition, a cybersecurity insurance company. Coalition will use the new funding round to expand into new insurance lines, to fuel its expansion into new markets, and to increase its headcount; the startup currently has 265 employees, and it’s on track to increase that to 315 employees by the end of the year.