Healthcare cybersecurity firm Cynerio secures $7m seed funding


Healthcare cybersecurity firm Cynerio secures $7m seed funding

iStock/ Natali_mis

Cynerio has completed its $7 million funding round to fuel growth in North America for its healthcare focused cyber security platform.

Investors included Accelmed, an investment firm focused on value creation for medical device companies and technologies, RDC (a joint venture between Elron and Rafael), which invests in medical device and cybersecurity companies and venture capital firm MTIP.

Cynerio was founded by Leon Lerman and Daniel Brodie to deliver a cybersecurity solution that is exclusively designed for healthcare providers. The company said it is now focused on US market development.

"Cynerio is committed to protecting the future of healthcare by focusing on its weakest link - the connected medical devices and Internet of Medical Things (IoMT). We are delivering a tailor-made, healthcare driven solution for providers to ensure patient safety and data protection while maintaining operational continuity," said Lerman, Cynerio CEO.

Amichai Shulman, Cynerio adviser, added: "The US healthcare market is woefully underserved by the security industry. Hospitals deserve cybersecurity solutions tailored to their needs, and this is where Cynerio can make a big difference with their technology that is not just identifying the shape of traffic between devices, but also the medical context of information. I think their technology is very innovative and effective which is why I have become an adviser to Cynerio."

Healthcare, cybersecurity, Cynerio, funding,Leon Lerman, Daniel Brodie, US,