MedCrypt’s $25M deck • ProWellTech

In September, the FBI warned that more than half of connected medical devices in hospitals had known critical security vulnerabilities, and these flaws are leading to a surge in attacks on the healthcare industry. As Carly Page reported, MedCrypt raised a $25 million round to help device manufacturers think security-by-design when creating the next generation of medical devices.

The company is a Y Combinator graduate that provides software for anything the U.S. Food and Drug Administration would consider a medical device where cybersecurity could be a concern, from insulin pumps and heart rate monitors to AI-based radiology tools and autonomous ...