Tausight, a Burlington, MA-based healthcare’s AI-powered data security company, raised $6m in additional financing.
The round was led by Polaris Capital, with participation from Flare Capital Partners and .406 Ventures.
The company intends to use the funds to accelerate its market presence and customer growth, as well as continue to invest in its patented AI technology.
Founded in 2018 by healthcare security pioneer David Ting and led by healthcare visionary Frank Nydam, Tausight is a healthcare focused AI-powered data security company with a vision of reducing the success of healthcare-specific cybersecurity incidents.
Earlier this year, Tausight launched its expanded AI-powered PHI Security Intelligence platform, which automates the identification and classification of electronic protected health information (PHI) to enhance the protection of healthcare patients’ most valuable confidential information. The expansion of the platform will cover more sensitive healthcare data categories allowing the company to solve critical customer use cases and serve new healthcare market segments.
FinSMEs
15/08/2023