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Announced

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

Synopsis

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.

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