Cylera, a NYC-based healthcare IoT (HIoT) cybersecurity and intelligence company, secured $10m in Series A funding.
The round, which brought total funding to $17m, was led by Concord Health Partners and Maverick Ventures with participation from Concord Health Partners, Maverick Ventures, Contour Venture Partners, Two Sigma Ventures, Dreamit Ventures, Great Oaks Venture Capital, Red Bear Angels and Samsung NEXT.
The company intends to use the funds to expand its presence into new global markets through strategic channel partners, extend the technology into new verticals, to double the headcount across research and development, channel support, customer success, sales and marketing over the next 6 months.
Led by Timur Ozekcin, Co-founder and CEO, Cylera provides a centralized cybersecurity solution that secures the entire connected environment for asset management, risk analysis and threat detection.
The platform is purpose-built for complex, high-impact environments, and combines comprehensive contextual awareness with a deep understanding of operational workflows. Insights and recommendations simplify response playbooks, decrease time to remediation, and enable informed decision making.