Security News > 2021 > May > Healthcare IoT Cybersecurity Firm Cynerio Raises $30 Million
Healthcare IoT cybersecurity and asset management solutions provider Cynerio this week announced closing a $30 million Series B funding round.
Cynerio was founded in 2017 and it has offices in Israel and New York.
Its clinically-intelligent platform provides automated asset discovery, helping cybersecurity teams identify security problems on their organization's network and solve them.
The new injection of capital will help Cynerio improve its portfolio through expanding its channel program and transforming its existing Zero Trust solutions into a full-service security platform.
The new funding round was led by ALIVE Israel HealthTech Fund, with participation from existing and new investors and co-investors.
"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," Leon Lerman, CEO and co-founder of Cynerio, said.