More and more everyday health devices, from blood pressure monitors to insulin pumps are being connected to the internet. Experts see both a cybersecurity and a health risk here. — dpa
SAN DIEGO: MedCrypt, a San Diego company that provides cybersecurity technology for medical devices, snagged US$25 million in a second round of venture funding despite today’s tough environment for young firms seeking to raise capital.
Founded in 2016, MedCrypt says that this latest round included participation from new strategic backers Johnson & Johnson Innovation and Intuitive Ventures – the independent investment arm of robot-assisted surgery giant Intuitive Surgical.
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