Medigate

Brooklyn, United States Founded: 2017 • Age: 9 yrs Acquired By Claroty
Medical device security is delivered via cloud and IoT monitoring.
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About Medigate

Medigate is a company based in Brooklyn (United States) founded in 2017 was acquired by Claroty in December 2021.. Medigate has raised $50.35 million across 3 funding rounds from investors including Claroty, Partech Partners and YL Ventures. Medigate operates in a competitive market with competitors including Armis Security, Upstream Security, Ordr, SandboxAQ and Intraprise Health, among others.

  • Headquarter Brooklyn, United States
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Medigate Corporation
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Internet of Things (IoT) & Connectivity
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $50.35 M (USD)

    in 3 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Sep 15, 2020

  • Investors
    Claroty

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Claroty

    (Dec 08, 2021)

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People of Medigate
Headcount 200-500
Employee Profiles 130
Board Members and Advisors 16
Employee Profiles
People
Amir Preminger
VP Research
People
Narong Chong
Team Leader, Technical Support, APJ
People
Kelley Rayborn
Sr Director, Brand Marketing
People
Michael Mimoso
Editorial Director

Unlock access to complete

Board Members and Advisors
people
Dave Dewalt
Board Advisor
people
David Cowan
Director
people
Meir Ukeles
Director
people
Keat Chuan Yeoh
Director

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Funding Insights of Medigate

Medigate has successfully raised a total of $50.35M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $30.0M
  • First Round

    (14 Nov 2017)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Series B - Medigate Valuation Partech Partners
Jan, 2019 Amount Series A - Medigate Valuation USVP
Nov, 2017 Amount Seed - Medigate Valuation YL Ventures , Blumberg Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Medigate

Medigate has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Claroty, Partech Partners and YL Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital is provided to global tech startups and scale-ups.
Founded Year Domain Location
YL Ventures is engaged in funding and supporting cybersecurity startups.
Founded Year Domain Location
VC firm that focuses on early stage investments in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Medigate

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Medigate

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Medigate Comparisons

Employees
+
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Competitors of Medigate

Medigate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Armis Security, Upstream Security, Ordr, SandboxAQ and Intraprise Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
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Security solutions for IoT device vulnerabilities are developed.
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Patient engagement and care coordination solution for healthcare providers
domain founded_year HQ Location
IoT security solutions for mobile device transactions are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Medigate

Frequently Asked Questions about Medigate

When was Medigate founded?

Medigate was founded in 2017.

Where is Medigate located?

Medigate is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

Who is the current CEO of Medigate?

Yaniv Vardi is the current CEO of Medigate.

Is Medigate a funded company?

Medigate is a funded company, having raised a total of $50.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.35M, raised on Nov 14, 2017.

What does Medigate do?

Founded in 2017 and based in Brooklyn, United States, Medigate operates in the healthcare cybersecurity sector. Connected medical devices are secured through a platform that inspects network traffic, detects anomalies, and implements micro-segmentation. Real-time blocking of communications is applied during attacks to protect devices. Services focus on monitoring and safeguarding IoT-enabled medical equipment for healthcare providers.

Who are the top competitors of Medigate?

Medigate's top competitors include Armis Security, Upstream Security and Ordr.

Who are Medigate's investors?

Medigate has 6 investors. Key investors include Claroty, Partech Partners, YL Ventures, USVP, and Blumberg Capital.

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