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.
Maverick Ventures
These are the 17 Largest NYC Tech Startup Funding Rounds of Q1 2021
$8.8B raised by NYC startups in Q1 in the single-best quarter in NYC history. Here are some of the leading startups that are scaling fast and attracting new capital.
KUDO Raises $21M for its Multilingual Video Conferencing Platform That Provides Real-Time Translation
The pandemic and the massive transition to video-conferencing solutions have made the world flat but what happens when there are language barriers? KUDO is a video-conferencing platform that provides real-time language interpretation for live meetings and conferences. Attendees can listen and speak in their native languages, while expert interpreters translate so that everyone else in the audience is able to participate and understand. The platform currently supports 100+ languages and experiences a 3500% increase in demand since the lockdown began. The company has recently launched an on-demand marketplace for conference interpreters as the world opens up and enters a new era of hybrid meetings. AlleyWatch caught up with Cofounder and CEO Fardad Zabetian to learn more about the company’s impressive progress since we spoke after the company’s seed round last June, future strategic plans, latest round of funding from investors that include Felicis Ventures, Maverick Ventures, Elephant VC, FJ Labs, Global Founders Capital, and Bill Ackman.
#NYCtech Week in Review: 3/28/21 – 4/3/21
$560M+ invested in NYC startups in the past week; three acquisitions, consolidation in the ad tech space continues, and one IPO. NYC Tech News for the week ending 4/3 featuring news forÊHoller, Ethic, and much, much more.
The Weekly Notable Startup Funding Report: 4/5/21
The notable startup funding rounds for the week ending 4/3/21 featuring funding details for Stord, Holler, and twenty-five other rounds that you must know about.
The 13 Largest NYC Tech Startup Funding Rounds of March 2021
March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month.
The AlleyWatch Startup Daily Funding Report: 3/30/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/30/2021 featuring funding details for Bunch, KUDO, and much more.
The AlleyWatch Startup Daily Funding Report: 3/29/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/29/2021 featuring funding details for Cityblock Health, Locals, and much more.
#NYCtech Week in Review: 3/14/21 – 3/20/21
$1.2B invested in NYC startups in the past week; three newly-minted unicorns and one decacorn. NYC Tech News for the week ending 3/20 featuring news for Apploi, Hugging Face, and much, much more…
The Weekly Notable Startup Funding Report: 3/22/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 3/20/21 featuring funding details for Docker, Shelf Engine, and twenty-five other rounds that you must know about.
The AlleyWatch Startup Daily Funding Report: 3/18/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/18/2021 featuring funding details for Cylera, SecurityScorecard, and much more.