Security News > 2021 > May > Cynerio raises $30M to secure mission-critical medical and IoT devices

Cynerio will use the funding to fully realize its vision of being the healthcare industry's go-to cybersecurity and asset management solution by expanding its channel program, forming strategic partnerships with leading solution providers and expanding its clinically-intelligent toolbox of preemptive and proactive zero trust solutions into a full-service, responsive security platform.

"It's critical to have partners who intimately understand the healthcare industry and its exceptional needs, especially now with the unprecedented pressures COVID-19 has introduced. Cynerio is extremely grateful for the continued faith and support of Elron, Accelmed and MTIP," said Leon Lerman, CEO and co-founder of Cynerio.

"With the additional backing of ALIVE and their expertise in the US healthcare system, we'll be able to continue advancing our product offerings to support healthcare providers, with unparalleled threat detection, preemptive security and response capabilities, while alleviating healthcare's coinciding operational challenges."

The company was recognized as the industry Leader in Forrester's Connected Medical Device Security, Q2 Report and named a Gartner Cool Vendor in the 2020 Security Report, further highlighting the strength of Cynerio's solutions and its unique approach to Healthcare IoT cybersecurity.

To meet and exceed those needs, Cynerio scaled from a security solution focused only on medical devices to a full-suite, one-stop-shop Healthcare IoT cybersecurity platform that covers every threat vector on every connected device.

The clinically-intelligent platform automates asset discovery and risk reduction, and takes the evolution of IoT security one step beyond visibility, providing healthcare teams with the ability to not just identify more problems on their network, but to actually solve them and secure their organization to ensure patient safety, data integrity and operational continuity.

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