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Medcrypt

www.medcrypt.com link_icon

Medcrypt Company Research Report



Company Overview



  • Name: Medcrypt

  • Mission: Medcrypt's mission is to ensure that medical devices are as safe and secure as technologically possible. They focus on reducing cybersecurity risks in healthcare technology to enhance patient safety while ensuring compliance with regulatory guidelines.

  • Founded: Medcrypt was founded in 2016.

  • Founders: No information is available.

  • Key People:

  • Mike Kijewski (CEO)

  • Eric Pancoast (CTO)

  • Vidya Murthy (COO)

  • Axel Wirth (CSS)

  • Bob Lyle (CRO)

  • Seth Carmody (VP of Regulatory Strategy)

  • Naomi Schwartz (VP of Services)

  • William Fenstermaker (VP of DevOps)

  • Om Mahida (VP of Product)

  • Clayton McNeil (VP of Engineering)

  • Headquarters: 125 South Highway 101, Solana Beach, California 92075

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Medcrypt is known for its expertise in combining cybersecurity technology products with regulatory strategy to secure medical devices' hardware and software, aiding manufacturers in achieving faster regulatory approval and enhanced cybersecurity readiness.


Products



  • Helm

  • Description: Helm provides full visibility across medical devices' software supply chain to detect, prioritize, and remediate cybersecurity risks. It focuses on managing Software Bill of Materials (SBOM) and vulnerabilities.

  • Key Features:

  • Import SBOMs for analysis

  • Prioritize critical vulnerabilities

  • Simplified SBOM compliance


  • Guardian

  • Description: The Guardian platform is a comprehensive device security platform that ensures secure communication between devices and cloud services, aiding in the secure development and deployment of medical devices.

  • Key Features:

  • North-South Protection for cloud security

  • East-West Protection for local network security

  • Ensure data integrity and confidentiality


  • Canary

  • Description: Canary helps in security event monitoring, capturing behavior data from medical devices, and aiding in early detection and response to security incidents.

  • Key Features:

  • Monitor connected and non-connected devices

  • Integrate with SIEM tools

  • Proactively respond to security incidents


Recent Developments



  • Recent Partnerships:

  • Medcrypt announced partnerships with Kansas State University for developing a platform to prioritize cybersecurity issues and with Tufts University for medical device security research and threat modeling.

  • Recent Product Launches and Features:

  • Launch of Helm and Guardian platforms to automate and streamline cybersecurity processes.

  • Enhancements to the Canary product for improved event monitoring and security response.

  • New Guidelines Compliance:

  • Medcrypt has adapted its products to meet 2023 FDA cybersecurity standards and the PATCH Act, ensuring medical devices are secure by design.

  • Funding Rounds:

  • Series B funding included participation from Intuitive Ventures, Johnson & Johnson Innovation, and Dexcom Ventures, bringing the total funding to $36.4M.


In conclusion, Medcrypt is a key player in the medical device cybersecurity space, providing essential solutions and services to ensure compliance with evolving FDA guidelines and helping manufacturers secure their products against cybersecurity threats.