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Healthcare Cybersecurity Startup Medigate Raises $15 Million

Healthcare Cybersecurity Startup Medigate Raises $15 Million

Medigate's technology protects medical devices from cyber attacks once connected to a healthcare provider network

Meir Orbach  :  2019-01-29T14:58:13..
Tel Aviv-headquartered medical cybersecurity startup Medigate Tech Ltd. has raised a $15 million series A, the company announced Tuesday. The round was led by U.S. Venture Partners, with participation from existing investors YL Ventures and Blumberg Capital. Medigate raised a $5.4 million seed round in November 2017.

Founded in 2017, Medigate develops a platform that protects medical devices such as patient monitors, MRIs and CAT scanners from cyber attacks once the devices are connected to a healthcare provider network.

Medigate employs 35 people in Israel and the U.S. and intends to use the funding to recruit 25 additional employees.

Healthcare (illustration). Photo: Shutterstock Healthcare (illustration). Photo: Shutterstock Healthcare (illustration). Photo: Shutterstock

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