Toronto, November 8, 2022 /PR Newswire/ — TorontoBOXX Insurance, a global cyber insurtech based in , today announced the acquisition of Templarbit. Templarbit is a cyber threat intelligence platform that makes it easier for businesses to stay ahead of digital threats.
in the team Palo Alto When Los Angeles, Templarbit was founded in 2017 by Bjoern Zinssmeister. Templarbit has built cutting-edge technology that alerts businesses when their platform identifies network vulnerabilities that hackers can exploit. The platform autonomously discovers, categorizes, and analyzes an organization’s entire digital asset landscape, the unique risk profile of each digital asset, and the real business costs incurred when a digital asset is compromised.
The signing of this agreement will give the rapidly growing BOXX more momentum to pursue its vision of making the world a digital and safer place.
“Bringing the Templarbit team and technology in-house was a natural next step for us,” said Vishal Kundi, co-founder and CEO of BOXX. “This demonstrates our belief that proactive cyber risk protection is strategically important to the continued growth of our business. Bjoern and he are delighted to welcome the Templarbit team to BOXX. think.
“The Templarbit technology platform has demonstrated its ability to deliver effective and affordable cybersecurity capabilities to the SMB segment using intelligent automation and threat intelligence. Engineering, BOXX Labs and BOXX’s newly formed R&D Department: “This is a very exciting time to join the BOXX family and we look forward to what’s next.”
About BOXX Insurance
BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. BOXX Insurance Inc. is privately held and headquartered at Toronto, CanadaBOXX’s vision is to help businesses, individuals, and families stay ahead of cyberthreats, recover, and put digital safety first. For more information, please visit: www.boxxinsurance.com
Founded in 2017, Templarbit is a Y Combinator-incubated next-generation security company focused on building modern solutions to empower a new generation of security teams. By building a cloud-native, data-intelligence-powered solution from the ground up, Templarbit has redefined how an enterprise’s security posture is assessed. The ability to continuously monitor web properties and the risks they may expose gives companies of all sizes a way to build scalable risk management programs.
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