Medigate - About the company
Medigate is an acquired company based in Brooklyn (United States), founded in 2017 by Itay Kirshenbaum. It operates as a Cloud and IoT-based medical device security solution. Medigate has raised $50.4M in funding from investors like USVP, Blumberg Capital and YL Ventures. The company has 421 active competitors, including 112 funded and 44 that have exited. Its top competitors include companies like Armis, Afero and Quantum Base.
Company Details
Cloud and IoT-based medical device security solution. It provides a cyber security solution for connected medical devices to healthcare providers. The platform monitors and protects networked medical devices from cyber attacks by inspecting the traffic between the identified medical devices and the network and detecting any suspicious behavior. Its features include anomaly detection, micro-segmentation, and real-time communications blocking-based protection of devices under attack.
- Website
- medigate.io
- Social
- Phone Number
- +1 **********
- Registered Address
- Brooklyn, New York
Key Metrics
Founded Year
2017
Location
Brooklyn, United States
Stage
Acquired
Total Funding
$50.4M in 3 rounds
Latest Funding Round
Ranked
29th among 421 active competitors
Employee Count
59 as on Mar 31, 2026
Exit Details
Acquired by Claroty (Dec 08, 2021)
Legal entities associated with Medigate
Medigate is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MEDIGATE CORPORATION CIN: 301028778 , United States, Active | Jan 22, 2018 | - | 48 (As on Dec 31, 2022) | - |
Medigate's acquisition details
Click here to take a look at Medigate's acquisition in detail
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Medigate's funding and investors
Medigate has raised a total funding of $50.4M over 3 rounds. Its first funding round was on Nov 14, 2017. Its latest funding round was a Series B round on Sep 15, 2020 for $*****. 5 investors participated in its latest round. Medigate has 7 institutional investors.
Here is the list of recent funding rounds of Medigate:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 15, 2020 | 2779430 | Series B | 3334168 | 6287075 | 4600361 | 3480611 |
Jan 29, 2019 | 2440425 | Series A | 7860941 | 2112619 | 6508193 | |
Nov 14, 2017 | 2853875 | Seed | 7011490 | 3923918 | 3992846 |
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Medigate's founders and board of directors
Founder? Claim ProfileThe founders of Medigate is Itay Kirshenbaum.
Here are the details of Medigate's key team members:
- Itay Kirshenbaum: Former Co-Founder of Medigate. Contact Info: 1 email address
View details of Medigate's Founder profiles and Board Members
Medigate's employee count trend
Medigate has 59 employees as of Mar 26. Here is Medigate's employee count trend over the years:
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Medigate's Competitors and alternates
Top competitors of Medigate include Armis, Afero and Quantum Base. Here is the list of Top 10 competitors of Medigate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Armis 2015, San Francisco (United States), Acquired | Provider of a wireless security platform for IoT applications | $1.17B | 77/100 | |
2nd |  Afero 2014, Los Altos (United States), Series C | Provider of a cloud-based end-to-end IoT platform | $73.2M | 62/100 | |
3rd |  Quantum Base 2014, Lancaster (United Kingdom), Public | Quantum IoT and device security solutions provider | $1.15M | 61/100 | |
4th | _1545892303928.jpeg?devicePixelRatio=2&height=30&width=30){kind=logo} Keyfactor 2001, Independence (United States), Series F | Provider of digital trust, PKI, certificate automation, and crypto management solutions | $1.22B | 61/100 | |
5th | _1571907918959.png?devicePixelRatio=2&height=30&width=30){kind=logo} AtomBeam 2017, Moraga (United States), Series A | A data management and security company specializing in edge computing | $35M | 60/100 | |
6th |  Karamba Security 2016, Hod Hasharon (Israel), Series B | Platform offering cybersecurity solutions for vehicles | $27M | 60/100 | |
7th | Provider of AI-powered cybersecurity solutions embedded directly into device firmware | $495M | 59/100 | ||
8th | HealthEx 2022, San Francisco (United States), Series A | AI based platform offering patient data management solutions | $14M | 59/100 | |
9th |  Phosphorus 2016, Carlsbad (United States), Acquired | Provider of IoT devices security systems | $65M | 58/100 | |
10th | Provider of cybersecurity solutions for embedded systems and connected objects | $22.7M | 58/100 | ||
29th | Medigate 2017, Brooklyn (United States), Acquired | Cloud and IoT-based medical device security solution | $50.4M | 51/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Medigate's competitors? Click here to see the top ones
Medigate's Investments and acquisitions
Medigate has made no investments or acquisitions yet.
Reports related to Medigate
Here is the latest report on Medigate's sector:
News related to Medigate
Filter this list•
Wavelink partners with Medigate, adding offering to portfolioChannelLife•Sep 13, 2022•Wavelink, Medigate
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Medigate Accelerates Expansion to Meet Growing Demand in Asia-Pacific RegionPR Newswire•Nov 04, 2021•Medigate
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Medigate Launches Clinical Device Efficiency to Improve Operational Efficiency for HDOsPR Newswire•Oct 26, 2021•Medigate
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Medigate Partners with Rapid7 to Protect Healthcare IoT DevicesBusiness Wire•Mar 23, 2021•Medigate, Rapid7
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Medigate Named Healthcare IoT Security Leader in 2021 Best in KLASBusiness Wire India•Feb 03, 2021•Medigate, KLAS
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Medigate Announces Clinical Security Operations Center Solution with SplunkBusiness Wire•Nov 17, 2020•Medigate, Splunk
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Medigate Lauded by Frost & Sullivan for Reliably Protecting Patient Information with Its Dedicated Medical Device Security PlatformPR Newswire•Oct 22, 2020•Medigate
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Medigate Enters into Agreement with Arrow Electronics to Bring IoT Device Security to Healthcare InstitutionsBusiness Wire•Sep 22, 2020•Medigate, Arrow Electronics
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