Asimily Announces Strategic Investment from MemorialCare Innovation Fund to Further its Innovation in IoT Device Security and Risk Management
Summary
SUNNYVALE, Calif., June 23, 2022 (GLOBE NEWSWIRE) -- Asimily, a leading risk management platform for IoT devices and web-connected equipment, will accelerate its expansion within the healthcare industry with a strategic investment from MemorialCare Innovation Fund. Asimilys Distributed Sniffer, also newly added, gives healthcare organizations an investigative tool for incident response and forensics to reveal the specific tactics and techniques that an attacker is using. Were excited to work with MemorialCare Innovation Fund as our strategic investor and, alongside Ridge Ventures, we are eager to put this capital to work driving business development and expediting delivery of new capabilities built to address ever-evolving IoT security threats.We believe that Asimily has built an impressive team that has identified a crucial and growing market need across the broad healthcare industry and created a proven solution that meets requirements for IoT device security that is substantially better than anything else on the market today, said Brant Heise, Managing Director, MemorialCare Innovation Fund. Because risk assessmentand threatsare not a static target, Asimily monitors healthcare organizations devices, detects anomalous behavior, and alerts operators to remediate any identified anomalies. MCIF is focused on companies offering innovative products, services, and technologies that help healthcare systems significantly improve performance and outcomes and achieve their community missions.