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Medcrypt Extends Series B With Additional Investment From Dexcom Ventures

PRIVATEJan 24, 2023

Round Type

Series B

San DiegoHealth CareSecurityMedical DeviceCyber Security

Investors

JjdcJohnson & Johnson InnovationIntuitive VenturesDexcom Ventures

Description

MedCrypt, Inc., the proactive cybersecurity solution provider for medical device manufacturers, today announced additional funding from Dexcom Ventures, the corporate venture capital arm of Dexcom. This extension follows MedCrypt's Series B funding round in November 2022 with investments from Intuitive Ventures, Johnson & Johnson Innovation – JJDC, Inc. (JJDC), among others, bringing the company's funding to date to $36.4 million.

Quick answer

MedCrypt raised an undisclosed amount in a Series B round, dated January 24, 2023. Investors: Jjdc, Johnson & Johnson Innovation, Intuitive Ventures and Dexcom Ventures. MedCrypt is based in San Diego, California, United States.

How much did MedCrypt raise?
MedCrypt raised an undisclosed amount in a Series B round on January 24, 2023.
Who invested in MedCrypt?
Jjdc, Johnson & Johnson Innovation, Intuitive Ventures and Dexcom Ventures are named as investors in this round.
What does MedCrypt do?
Medcrypt provides data security as a service to medical device OEMs.
Where is MedCrypt based and how big is it?
MedCrypt is based in San Diego, California, United States. Fundz records about 47 employees.
Who are the decision-makers at MedCrypt?
Fundz holds 1 contact at MedCrypt, including the CEO . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Medical Device around the same time

Companies in the same sectors as MedCrypt that raised within 45 days of this round, from Fundz verified event records.

  • authID® raised an undisclosed amount (Funding Round) on March 9, 2023.
  • Cado Security raised $20M (Funding Round) on March 9, 2023.
  • NuVision Biotherapies raised $1.3M (Seed) on March 9, 2023.
  • Inigo raised $4.5M (Seed) on March 7, 2023.
  • Autonomix Medical raised $675K (Seed) on March 6, 2023.
  • Impossible Cloud raised $7.6M (Funding Round) on March 1, 2023.

Who to call at MedCrypt, and when

A new round usually means MedCrypt is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day MedCrypt raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MedCrypt, from your own LinkedIn network

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Company Information

Company

MedCrypt

Location

San Diego, California, United States

About

Medcrypt provides data security as a service to medical device OEMs. From medical imaging devices to pacemakers, Medcrypt ensures that devices act only on instructions from trusted sources.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment MedCrypt raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsMike K., CEO hidden hidden hiddenSee plans and pricing
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ML-powered predictions for MedCrypt's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

MedCrypt raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.