Medcrypt Raises $25M Series B For Continued Growth And Innovation In Medical Device Cybersecurity

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Intuitive Ventures is pleased to provide financial and strategic support to MedCrypt at this pivotal moment as the company enters its next exciting phase of growth." MedCrypt will use the funds for the continued delivery of proactive cybersecurity solutions to help medical device manufacturers meet cybersecurity requirements set by the FDA and international regulatorsSAN DIEGO, Nov. 1, 2022 /PRNewswire/ -- MedCrypt, Inc., the proactive cybersecurity solution provider for medical devices, today announced its $25M Series B funding round. "We're honored to be backed by some of the biggest venture funds in healthcare who understand and support our mission to provide proactive cybersecurity solutions that will help create a more secure future." MedCrypt will use these funds to scale their cryptography, behavior monitoring, and vulnerability inventory products across various types of medical devices, from small devices like glucose monitors to hospital-based surgical robots. MedCrypt currently provides enhanced security features and services for seven of the top 10 medical device manufacturers as well as startups and mid-sized companies. About MedCryptMedCrypt is the first firm to combine cybersecurity technology products with management consulting, decision science, and regulatory strategy that is 100% focused on supporting medical device manufacturers.