Healthcare Cybersecurity Firm Blackwell Raises $13 Million

Healthcare Cybersecurity Firm Blackwell Raises $13 Million

May 8, 2024 at 10:01AM

Blackwell Security, specializing in healthcare cybersecurity, raised $13 million led by General Catalyst and Rally Ventures. The funds will expand its Managed Healthcare Extended Detection and Response solution and US market offerings. The company’s MHXDR platform uses various security technologies and offers MDR, consulting, and advisory services, with Geyer Jones as the new CEO.

From the provided meeting notes, I have gathered the following key points:

1. Blackwell Security raised $13 million in a funding round led by General Catalyst and Rally Ventures, allowing them to expand their Managed Healthcare Extended Detection and Response (MHXDR) solution and broaden their offerings within the US market.

2. The MHXDR platform integrates network, cloud, endpoint, email, data, and clinical IoT security technologies from various major vendors to help customers prevent, detect, respond to, and remediate cyber threats.

3. In addition to the MHXDR platform, Blackwell also offers a Managed Detection and Response (MDR) service, as well as consulting and advisory services, and maintains a 24×7 Cyber Fusion Center for continuous monitoring and incident response.

4. Geyer Jones has been named as Blackwell’s first CEO, bringing prior experience from healthcare IoT cybersecurity firm Cylera, RSA, and Symantec.

5. General Catalyst Advisor Stephen K. Klasko emphasized the vital importance of cybersecurity and data trust for healthcare organizations and praised Blackwell Security’s approach to safeguarding healthcare organizations.

Should you need further assistance or if there are additional details you require from the meeting notes, please don’t hesitate to ask.

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