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Healthcare Startup CyberMDX Secures $20 Million in Funding to Expand

By ET Bureau - April 13, 2020 1 Mins Read

CyberMDX, AI, startup,R&D, cyber security, healthcare, funding, platform, R&D, healthcare ecosystem, healthcare IT system, IT, information security,

Healthcare security startup CyberMDX has raised $20 million in funding. The funding was led by insurance and risk management provider Sham along with participation from existing investors Pitango Venture Capital, and Qure Ventures.  The startup helps to provide a more efficient and secure healthcare ecosystem for the healthcare IT system.

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The newly raised capital will be used to bolster its platform and R&D to assist hospital IT, information security, and biomedical teams in securing and managing medical devices. Launched in 2016, the startup plans to expand its platform across new geographies and markets.

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