Boston-based insurance technology company Corvus secured $32 million in a series B funding round led by Telstra Ventures Pty. Ltd.
As part of the funding round, Telstra Ventures partner Marcus Bartram will join Corvus' board. Obvious Ventures LP and existing investors including .406 Ventures LLC, Bain Capital Ventures LP and Hudson Structured Capital Management Ltd. also participated in the funding round.
Corvus intends to use the funding to help grow its product line and accelerate the development of new tools to improve risk management for larger clients dealing with complex cyberrisk.