What is CyberMDX?
Founded in 2016 and headquartered in New York, CyberMDX operates at the intersection of medical technology and cybersecurity. The firm provides a comprehensive platform designed to identify, categorize, and protect connected medical devices, commonly referred to as the Internet of Medical Things (IoMT). By ensuring the resiliency of these devices, CyberMDX plays a critical role in maintaining patient safety and upholding stringent data privacy standards within hospital networks. Its market position is defined by its ability to provide visibility into complex clinical environments, effectively mitigating risks that could otherwise lead to operational downtime or unauthorized access to sensitive patient information.
How much funding has CyberMDX raised?
CyberMDX has raised a total of $30M across 2 funding rounds:
Series A
$10M
Other Financing Round
$20M
Series A (2018): $10M, investors not publicly disclosed
Other Financing Round (2020): $20M led by Relyens Group, Qure Ventures, and Pitango Venture Capita
Key Investors in CyberMDX
Relyens Group
A European leader in insurance and risk management for healthcare professionals and institutions, focusing on safety and liability.
Qure Ventures
A specialized venture capital firm dedicated to investing in early-stage digital health and medical technology startups.
Pitango Venture Capital
A prominent venture capital firm with a broad portfolio, known for supporting high-growth technology companies across various sectors.
What's next for CyberMDX?
With this major strategic investment, CyberMDX is poised to scale its enterprise-level operations and expand its footprint in the global healthcare market. The company is expected to leverage this capital to enhance its threat intelligence capabilities and broaden its product suite to address the evolving vulnerabilities inherent in modern clinical workflows. As healthcare providers continue to digitize their operations, the demand for specialized security solutions that prioritize both clinical continuity and data integrity will likely drive the company's next phase of growth and market penetration.
See full CyberMDX company page
