Blog | G5 Cyber Security

Cynerio raises $30M to secure mission-critical medical and IoT devices

Cynerio announced today that it secured $30 million in Series B funding. The investment round was led by ALIVE Israel HealthTech Fund, Israel’s pioneering HealthTech investment fund, headed by former health system officials, medical professionals, and veteran medtech entrepreneurs. The funding will further support the acceleration of technological development and enhance support to existing customers, while reinforcing its leading position in North America as well as its global expansion. The company grew substantially in 2020, concluding the year with a 300% year-over-year revenue increase.

Source: https://www.helpnetsecurity.com/2021/05/20/cynerio-funding/

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