Asimily Raises $10M in Funding

Asimily, a Sunnyvale, Calif.-based provider of Internet of Medical Things (IoMT) risk management platform, secured a 10m dollar funding round.

The round was led by Ridge Ventures, with participation from existing and new investors including Engineering Capital, Inventus Capital, Eileses Capital, New Leaf Venture Partners and others.

The company intends to use the funds to expand their device presence, seize new global market opportunities and increase brand awareness for its IoMT risk mitigation platform.

Led by Shankar Somasundaram, CEO, Asimily has built an Internet of Medical Things (IoMT) risk management platform that secures medical and the IoT Devices. With a large knowledge base of IoMT and security protocols, the platform inventories and classifies every device across the healthcare organization, connected and stand-alone, and identifies and prioritizes vulnerabilities to provide actionable intelligence across the life cycle. Asimily monitors the healthcare organizations’ devices, detects anomalous behavior, and alerts operators to remediate the identified anomalies.