Blackwell Security, specializing in cybersecurity solutions for healthcare, has announced a successful $13 million funding round led by General Catalyst and Rally Ventures. This funding will support the expansion of their Managed Healthcare Extended Detection and Response (MHXDR) platform and enhance their presence in the US market. The MHXDR platform integrates various security technologies to enable healthcare organizations to prevent, detect, respond to, and remediate cyber threats effectively.
In addition to their MHXDR platform, Blackwell offers Managed Detection and Response (MDR) services along with consulting and advisory services. Their 24×7 Cyber Fusion Center provides continuous monitoring and incident response capabilities. The appointment of Geyer Jones as CEO, previously with healthcare IoT cybersecurity firm Cylera and leadership roles at RSA and Symantec, marks a strategic move to strengthen leadership in healthcare cybersecurity.
Stephen K. Klasko, General Catalyst Advisor, emphasized the critical role of cybersecurity readiness in healthcare amid growing threats. He likened Blackwell’s approach to providing essential protection similar to personal protective equipment (PPE) against inevitable security challenges. With cybersecurity and data trust becoming paramount concerns, Blackwell Security aims to fortify healthcare organizations against emerging cyber risks through comprehensive and proactive security solutions.
