SAN FRANCISCO, CA, Coalition, a cyber insurance and security company, today announced it has raised $175 million. Index Ventures led the funding with participation from General Atlantic and the company's existing investors, valuing Coalition at $1.75 billion.

Coalition, the cyber risk solution from Joshua Motta and John Hering, combines comprehensive insurance and cybersecurity tools to help businesses manage and mitigate cyber risk. Backed by A+/A rated insurers Swiss Re Corporate Solutions and Argo Group, Coalition provides companies with up to $10 million of cyber and technology insurance coverage in all 50 states and the District of Columbia. Coalition's cyber risk management platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient in the face of cyber attacks.