The pandemic has accelerated the digital shift in many industries and healthcare has been a primary beneficiary. While the rise in telehealth comes top of mind, there have been a number of innovative IoT technologies that have been deployed during the pandemic to keep patients safer and care continuously like remote tracking of insulin levels and pacemakers or non-surgical robotics used for contactless disinfection. This has led to an increase in the number of connected devices being deployed in the field and ultimately these devices need to be secure. Cylera is a comprehensive cybersecurity and intelligent platform focused on IoT in the healthcare industry. The company focuses on asset management, risk analysis, and threat detection so that healthcare organizations can be safeguarded against any vulnerabilities as the adoption of devices increases. AlleyWatch caught up with CEO and Cofounder Timur Ozekcin to learn more about the inspiration for the business, the state of the healthcare IoT market, and the company’s recent funding from Concord Health Partners and Maverick Ventures, Contour Venture Partners, Two Sigma Ventures, Dreamit Ventures, Great Oaks Venture Capital, Red Bear Angels, and Samsung NEXT.
Great Oaks Venture Capital
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Approximately 75% of in-house legal teams are concerned about overspending on outside counsel when the need arises. Priori is the legal marketplace that changes how in-house teams find, hire, and manage outside counsel by providing access to 1500+ highly vetted attorneys in 700+ practice proficiencies. Priori’s clients, which consist of Fortune 500 companies and scaling tech companies, have saved 60% on average versus relying on traditional legal services. AlleyWatch caught up with CEO and Cofounder Basha Rubin to learn more about Priori’s growth, future plans, and recent funding round from investors that include Hearst Corporation, Great Oaks Venture Capital, Jambhala, Tim Steinert, Jules Miller of Mindset Ventures, Mike Suchsland of Bridge Investments, and Orrick’s Legal Technology Fund.