Security Startup Virta Labs Receives $750K Grant for Healthcare Security

Funding Rounds

Summary

Ann Arbor, MI, March 30, 2016 --( PR.com )-- Healthcare security company Virta Laboratories, Inc. received a $750K grant from the NSF Small Business Innovation Research (SBIR) program.Virta Labs provides solutions for hospitals and medical device manufacturers to measure and visualize exposure to cybersecurity risks without interrupting clinical workflow.The company plans to use the federal grant to extend its product lines into healthcare delivery organizations that face serious cybersecurity challenges.“Our customers tell us that their number one concern is continuity of operations, and coverage of legacy devices is a close second,” says Fu.The federal funding arrives at Virta Labs as numerous hospitals across the world have been disrupted by ransomware.Products in the Virta Labs’ portfolio extend this approach to the entire network.Virta Labs has gained recognition for tackling cybersecurity challenges in healthcare.

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Amount $897.9K Total raised
Date March 30, 2016 Announcement date
Investors - Lead investors
Company www.virtalabs.com Funded company

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