What is Cylera?
Cylera operates as a specialized IoT cybersecurity and intelligence firm, uniquely engineered through a collaborative framework with healthcare providers. The company addresses the complex security requirements of medical environments, where the proliferation of connected devices creates significant attack surfaces. By providing deep visibility and actionable intelligence, Cylera enables healthcare organizations to maintain operational continuity while mitigating risks associated with legacy systems and modern IoT vulnerabilities. Its market position is defined by a deep integration into the clinical workflow, ensuring that security measures do not impede patient care delivery.
How much funding has Cylera raised?
Cylera has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2021): $10M with participation from Concord Health Partners and Maverick Ventures
Key Investors in Cylera
Concord Health Partners
A strategic investment firm focused on the healthcare industry, partnering with innovative companies to improve quality and efficiency in the medical sector.
Maverick Ventures
A venture capital firm dedicated to supporting technology start-ups by providing investment and operational support across sectors including AI, healthcare, and cybersecurity.
What's next for Cylera?
With this major strategic investment, Cylera is poised to scale its enterprise-level operations and expand its footprint in the global healthcare security market. The company is expected to focus on enhancing its proprietary intelligence platform, potentially integrating advanced machine learning capabilities to preemptively identify and neutralize emerging threats. As the healthcare industry continues its digital transformation, Cylera's ability to provide comprehensive asset management and threat detection will be critical for maintaining regulatory compliance and patient safety. Future growth will likely involve deepening partnerships with health systems and expanding its reach into adjacent sectors that require high-fidelity IoT security solutions.
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