CI Security, a startup offering healthcare organizations IT solutions and services for cybersecurity purposes, announced Nov. 19 an infusion of funding from the American Hospital Association's Innovation Development Fund.
The exact amount was not disclosed but, according to the announcement, the AHA Fund's additional capital brings CI Security's total Series B fundraise to $16 million.
The startup currently offers hospitals, specialty clinics, physician groups and other organizations the Managed Detection and Response solution, which protects their networks around the clock.
"Hospitals have spent years buying tools that promised to fix the cyber-problem and none of them delivers a comprehensive solution. In fact, some of them have made the problem worse," said Drex DeFord, an executive strategist for CI Security who previously served as CIO of Steward Health Care, Seattle Children's and Scripps Health. "CI Security's MDR solution is not just another tool. It combines technology with true subject-matter experts, scaling human intelligence. It's what I wish I had when I was a CIO — a service that saves time, saves money and provides an effective defense for hospitals, clinics and vendor partners."
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