Medigate Raises $30M in Series B Financing to Meet Rising Demand for Healthcare IoT Security

Sep 15, 2020•almost 5 years ago

Amount Raised

$30 Million

Round Type

series b

New York

Description

Medigate, the leader in IoT and medical device security and asset management, today announced the completion of a $30M Series B round led by new investor Partech, a global technology investor respected for its track record in scaling technology innovators globally. Existing investors YL Ventures, U.S. Venture Partners (USVP) and Blumberg Capital also participated in the round and were joined by Maor Investments. This brings Medigate’s total funding to $50M, including a Series A round completed in 2019.

Company Information

Company

Medigate

Location

New York, New York, United States

About

Medigate is the industry’s first and leading dedicated medical device security and asset management platform, enabling providers to deliver secure, connected care. Medigate fuses the knowledge and understanding of medical workflow and device identity and protocols with the reality of today’s cybersecurity threats. With Medigate, hospital networks can safely operate all medical devices on their network, enabling deployment of existing and new devices to patients while ensuring privacy and safety. For more information visit: https://www.medigate.io/.

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