Israel's CyberMDX Raises $ 10 Million for Medical Cybersecurity

By NoCamels Team
July 17, 2018

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Jul 17, 2018 | CyberMDX, Israel's provider of cybersecurity in the health sector, which ensures the visibility and prevention of threats to medical devices and clinical networks, announced Tuesday it raised $ 10 million in a round of Series A financing. The round was led by Israel's largest VC fund, Pitango Venture Capital, with the participation of OurCrowd Qure, Israel's first digital fund dedicated to health, launched by the equity crowdfunding platform OurCrowd based in Jerusalem

. hospital network security. Connected devices have become an integral part of hospital computer networks, but they are not monitored and remain unprotected. Recent mbadive cyber attacks such as OrangeWorm, NotPetya, and WannaCry illustrate the challenges and high-risk exposure for hospitals, "said Amir Magner, CEO of CyberMDX, in a statement.

L & # 39; company offers a non-intrusive devices solution, dealing with risk management, threat prevention, and detection functionality.

"We pbadionately believe in the importance of our work, addressing the emerging threat to networks of health care providers. Cybersecurity for medical devices is an absolute necessity to enable hospitals to focus on their core and most important mission – to treat and save lives, "says Magner

Magner, former head of the Cyber ​​division at the Israeli Institute. The Prime Minister's Office founded CyberMDX in the company of serial entrepreneur Moti Shniberg, co-founder of Face.com, a $ 100 million Facebook-recognized facial recognition company. The CyberMDX team is made up of veterans of Israeli intelligence cyber units, medical device expellers and academic leaders of artificial intelligence, according to the statement.

CyberMDX's multidisciplinary team includes veterans of Israeli intelligence cyber units, medical device experts, and academic leaders of AI focusing on vertical health care