What You Should Know:
- MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers, will announce the close of a Series B extension round led by Dexcom Ventures, bringing the company's total to date to $36.4M.
- With support from three major investors, Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures, MedCrypt continues to lead the way in developing cybersecurity technologies and infrastructure for life-saving medical
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Medical Device Cybersecurity
HLTH22 Day 2 News Summary: Amazon Clinic Launch, General Catalyst, Verizon, Higi
Amazon Launches Amazon Clinic Across 32 States
Amazon launches Amazon Clinic, a virtual care option that will operate across 32 states that offers up-front pricing, and treatment within hours, instead of days—helping customers achieve better health. Welcome to easy-to-use, effective care for common health conditions.
For customers, the cost of consultations will vary by provider and includes ongoing follow-up messages with their clinician for up to two weeks after the initial
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MedCrypt Raises $25M for Medical Device Cybersecurity Platform
What You Should Know:
- Today, MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers raises $25M in Series B funding led by Intuitive Ventures and Johnson & Johnson Innovation.
- The round included participation from institutional investors Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. This round of funding brings the company's total to date to $34.4M.
Rising Need for Medical Device Cybersecurity
This round stems
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Day 3 HIMSS Roundup: Glooko Acquires DIABNEXT, GE Healthcare/AliveCor Integration
Venture Capital, Private Equity, Mergers & Acquisitions (M&A) Activity
Glooko Acquires DIABNEXT® to Expand Diabetes Offerings in France
Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can
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Critical Medical Device Risks Continue to Threaten Hospital Security & Patient Safety
What You Should Know:
- After a year of unprecedented ransomware attacks on hospitals and healthcare systems – and with healthcare now the #1 target for cybercriminals – critical medical device risks in hospital environments continue to leave hospitals and their patients vulnerable to cyber-attacks and data security issues.
- New data released by Cynerio, a leading provider of healthcare IoT cybersecurity and asset management, in its 2022 State of Healthcare IoT Device Security Report
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Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform
What You Should Know:
- Cynerio, a leading provider of Healthcare IoT cybersecurity and asset management solutions, today announced it has secured $30 million in Series B funding led by ALIVE Israel HealthTech Fund, Israel's pioneering HealthTech investment fund. Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round.
- Notably, the COVID-19 pandemic caused a nearly 50% increase in the
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M&A: TRIMEDX Acquires Surplus Medical Equipment Company Centurion Service Group
What You Should Know:
- TRIMEDX announced the acquisition of Centurion Service
Group, a full-service medical equipment re-seller, to expand its Clinical Asset
Management offering.
- The added capabilities of Centurion will allow TRIMEDX
clients to gain maximum value from their excess medical equipment through
Centurion auction services, positively impacting operational expenses,
maximizing resources to improve patient care, etc.
TRIMEDX,
a provider of clinical engineering, medical
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Medigate Raises $30M for Medical & IoT Device Security Solution
What You Should Know:
- Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety.
- Medigate fuses the knowledge and understanding of
medical workflow and device identity and protocols with the reality of today’s
cybersecurity threats. With Medigate, hospital networks can safely operate all
medical devices on their network, enabling deployment of existing and new
devices to patients while ensuring privacy and
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GE Healthcare Unveils Medical Device Cybersecurity Offering for Hospitals
- GE Healthcare introduced a new medical device cybersecurity service to help hospital groups fight against cybersecurity risks.
- The offering, entitled Skeye, blends industry expertise, AI and process management tools to augment hospitals’ existing resources and capabilities by providing proactive monitoring through a remote security operations center – helping them detect, analyze and respond to cybersecurity threats and events in real-time.
GE Healthcare has introduced a new
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3 Major Problems With the Medical Device and Wearables Market in 2019
Technology can improve human life in significant ways and aid in the fight against troublesome illnesses. Unfortunately, no technology is perfect — and newer technologies are especially prone to growing pains.There are three major problems in today's medical devices and wearables market: potential sabotage of the devices themselves, devices as a backdoor into networks and patient data, and device manufacturers taking advantage of regulatory loopholes to get their products on the market.1. Many
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