iot health

IoT Evolution Health News

IoT Evolution Health Home

IoMT Fraud Platform Cynerio Secures $7 Million Funding

By Ken Briodagh
January 09, 2019

Cynerio has announced the completion of its $7 million funding round to fuel growth in North America for its 100 percent healthcare-focused cyber security platform. Investors include global VCs, Accelmed, a leading investment firm focused on value creation for medical device companies and technologies, RDC (a joint venture between Elron and Rafael), which invests in exceptional medical device and cybersecurity companies and MTIP, a leading venture capital firm who is an expert in digital health. 

“Cynerio is committed to protecting the future of healthcare by focusing on its weakest link - the connected medical devices and Internet of Medical Things (IoMT). We are delivering a tailor-made, healthcare driven solution for providers to ensure patient safety and data protection while maintaining operational continuity,” said Leon Lerman, CEO, Cynerio.

Cynerio was founded by cybersecurity experts Leon Lerman and Daniel Brodie, CTO, to deliver a cybersecurity solution that is designed for healthcare providers, based on a technology that thoroughly analyzes the medical workflows in the IoMT ecosystem, to automatically discover all the entities on the network, provide an ongoing healthcare specific risk analysis, accurately detect anomalies and stop threats to prevent service disruption, data theft and compliance violations.

Advisers include Dr. John Halamka, Harvard's International Healthcare Innovation Professor & Chief Information Officer at Beth Israel Deaconess Medical Center, and Amichai Shulman, co-founder and former CTO of Imperva.

“The security of connected devices is an issue that continues to plague the hospital ecosystem. I am delighted to work with Cynerio, on what I see to be one of the biggest cybersecurity challenges we currently face,” said Halamka.


The IoT Evolution Expo, and collocated events, IoT Evolution Health, LPWAN Expo, The Smart City Event, and IIoT Conference, will take place Jan. 29 to Feb 1 in Ft. Lauderdale, Florida. Visit IoTEvolutionExpo.com to register now.

Edited by Ken Briodagh

Editorial Director

SHARE THIS ARTICLE
Related Articles

Half of Companies Can't Detect IoT Breaches, Says Gemalto Study

By: Ken Briodagh    1/22/2019

Gemalto reveals that only around half (48 percent) of businesses can detect if any of their IoT devices suffers a breach, according to a recent study …

Read More

VC Funding in Digital Health Sector Reaches $9.5 Billion in 2018, Up 32 Percent

By: Ken Briodagh    1/21/2019

Mercom Capital Group recently released its annual report on funding and mergers and acquisitions activity for the Digital Health/Healthcare Informatio…

Read More

Aeris and Roambee Unite on Cold Chain Monitoring via IoT

By: Ken Briodagh    1/21/2019

Aeris is working with the Roambee Corporation to help enterprises improve shipment and asset monitoring through IoT-based technologies offered by both…

Read More

IoT Time Podcast S.4 Ep.2 Cloud Constellation

By: Ken Briodagh    1/15/2019

On this episode of IoT Time Podcast, Season 4, Ken Briodagh sits down with Dennis Gatens of Cloud Constellation, to talk about IoT Security through of…

Read More

Neosen Energy and Senet Expand LoRa Networks for Education, Medical and Business Institutions

By: Special Guest    1/14/2019

A recent announcement from Senet and Neosen Energy kicks off the year with examples of IoT, including the use of new technology to address an existing…

Read More