CyberMDX

Cyber Security and Visibility for Medical Devices

Cyber Security
Acquired (Inactive) by Forescout Technologies on Feb 2022 - closed due to acquisition

Company Overview

Snapshot

Founded in December 2016 by Moti Shniberg and Amir Magner, CyberMDX operated with 11–50 employees. The company raised a total of $35 million across 4 funding rounds from 6 investors before being acquired by Forescout Technologies in February 2022.

Business overview

CyberMDX provides cybersecurity and visibility solutions specifically designed for medical devices and clinical assets. Its MDefend solution offers continuous network endpoint discovery, comprehensive risk assessment, and AI-assisted containment and response measures to ensure operational resilience and protect patient and data safety. The company focuses on the healthcare industry, serving hospitals and healthcare providers with technology that addresses the unique security needs of connected medical devices and IoT equipment.

Strategic signal

The acquisition of CyberMDX by Forescout Technologies in February 2022 for an estimated $80 million signals a consolidation trend in the medical device cybersecurity market. This event highlights the increasing strategic importance of securing healthcare IoT environments and suggests that larger cybersecurity firms are actively integrating specialized solutions to expand their offerings in critical infrastructure protection.

Company Intelligence Q&A

What was the most significant corporate event for CyberMDX?
CyberMDX was acquired by Forescout Technologies in February 2022. The acquisition was reported to be for $80 million.
When did CyberMDX announce its 2022 predictions for healthcare security?
CyberMDX announced its 2022 predictions for healthcare security in November 2021.
When did CyberMDX's healthcare security solution become available in the AWS Marketplace?
CyberMDX's healthcare security solution became available in the AWS Marketplace in September 2020.
Which firm recognized CyberMDX as a leader in medical devices and assets security technology innovation?
Frost & Sullivan recognized CyberMDX as the leader in medical devices and assets security technology innovation in September 2020.
When did CyberMDX partner with Sham (Relyens Group) to manage hospital cyber risks?
CyberMDX and Sham (Relyens Group) partnered to proactively manage hospital cyber risks in March 2020.

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